If you couldn’t post updates to Twitter or binge watch your favorite shows on Netflix last Friday, you weren’t alone - a massive distributed denial-of-service (DDoS) attack on Dyn, a domain name system (DNS) that essentially acts as an online phone operator, took out huge swaths of the Internet. Millions of people across the US reported difficulty or inability to access some of the most trafficked websites in the country.
China has surpassed the United States to become the world's largest iOS app market in the third quarter, according to a report released on Thursday by App Annie, a US-based mobile analytics company. The company said that with 75 per cent of revenue from games, China's iOS revenue exceeded US$1.7 billion (S$2.37 billion) in the latest quarter, leading the US by more than 15 per cent.
The consensus was clear: a robust patent system has been the basis for the United States’ past economic growth, and degradation of that system will inevitably hurt the U.S. position in the world economy. Panelists at a Wednesday Capitol Hill briefing sponsored by Eagle Forum each warned of dire implications of continuing changes to U.S. Patent Law.
The writing is on the wall: China is the world second largest economy and the growth rate has slowed sharply. The wages are rising, so that the fabled army of Chinese cheap labor is now among the most costly in Asian emerging economies. China, in the last thirty years has brought hundreds of millions of people out of poverty, but this miracle would stall unless China can undertake another transformation of becoming an innovation nation. Historically, leading national economies are almost inevitably the global leaders in technology.
Today (Oct 17) in Rochester, New York, USA, The Optical Society, the leading global association in optics and photonics, proudly celebrates its 100th anniversary in its hometown. Many other innovators also claim this year as their birthday - BMW, Boeing, Thermador, Lincoln Logs, the Trans-Siberian Railway, the Pulitzer Prize and the US National Park Service were all founded in 1916. What those founders shared with OSA was an increasingly interconnected geo-political world and economy.
You can watch our panel’s video, “Partnering with Industry for Innovation,” and it will provide an up-to-the-moment view of how US Cyber Command and the Department of Defense as a whole are attacking the innovation challenge, featuring leadership from the USCYBERCOM Capabilities Development Group, and the Defense Innovation Unit-Experimental.
Defense Secretary Ash Carter and his mentor, former Defense Secretary William J. Perry, discussed the importance of innovation in defense during a talk at the Hoover Institution Sept 19th. Carter said innovation will ensure the American military remains the best in the world. Perry was instrumental in moving the Defense Department from vacuum tubes to solid-state electronics. He also ensured the transition at the end of the Cold War was peaceful.
Accelerating innovation requires both political leadership and private sector leadership. Bill Gates believes the best leaders have the ability to do both the urgent things that demand the attention today and at the same time lay the groundwork for innovation that will pay dividends for decades.
Going back to the Founding Fathers and the writing of the U.S. Constitution (with the intellectual property clause), intellectual property (IP) has always featured prominently in the U.S. economy. Yet its importance is too often overlooked and undervalued. The U.S. Department of Commerce’s recent report -- Intellectual Property and the U.S. Economy: 2016 Update -- adds to a growing body of research that helps provide a clearer picture.
by Dr. Ronnie Lowenstein, ASTRA Senior Advisor and Futurist
As ASTRA’s Executive Advisor and Futurist, I applaud the perspectives so eloquently expressed by Bill Gates in the video Why Governments Should Invest in Innovation and in his print column ‘Accelerating Innovation with Leadership,‘ first published in GatesNotes.com.