Washington Post: We need inventors to fill innovation black holes and help U.S. economy

Washington Post: We need inventors to fill innovation black holes and help U.S. economy

When oil was still spewing uncontrollably from the Deepwater Horizon well last summer, philanthropist Wendy Schmidt and the X Prize Foundation issued a $1.4 million challenge calling for better technologies to clean up oil spills. Aside from Schmidt’s concern for the environment, the need for innovation in this arena was dire. In 1989, teams cleaning up the oil from the Exxon [...]

Intelligence Squared debate: Too many kids go to college

Intelligence Squared debate: Too many kids go to college

A part of the Chicago Ideas Week, this debate is the first Intelligence Squared U.S. debate to be held live in Chicago. The herd mentality that assumes college is the only path to reaching one’s full potential is under fire.  Student loan debt has surpassed credit card debt, unemployment for those with bachelor’s degrees is [...]

ASEE Prism Magazine: Over the Hill at 40 — Tech graduates face a career roller coaster

ASEE Prism Magazine: Over the Hill at 40 — Tech graduates face a career roller coaster

The ugly reality of engineering — one that no one wants to admit — is that it is an up-or-out profession. If a 40-year-old engineer is doing the same job that can be done by an entry-level worker, he or she is headed toward unemployment. This is the case in the most fast-moving fields of [...]

Washington Post: People, not industry, power innovation in Chile

Washington Post: People, not industry, power innovation in Chile

I recently returned from a visit to Chile, which launched an ambitious effort in 2000 to become an IT outsourcing hub. It did so in an effort to break its economic dependence on its mining industry. By offering massive subsidies, the Chilean government created an outsourcing industry that generated $800 million in revenue and employed [...]

Washington Post: Five myths about entrepreneurs

Washington Post: Five myths about entrepreneurs

The legends of Bill Gates, Steve Jobs, Mark Zuckerberg and other high-tech entrepreneurs have fed a stereotypical vision of innovation in America: Mix a brainy college dropout, a garage-incubated idea and a powerful venture capitalist, stir well, and you get the latest Silicon Valley powerhouse. That’s Hollywood’s version of technological innovation; unfortunately, it’s also the [...]

Washington Post: Industry clusters: The modern-day snake oil

Washington Post: Industry clusters: The modern-day snake oil

A recent study provides one more argument against government officials who tout “industry clusters” as the Holy Grail of regional growth and innovation. The formula for creating these clusters is always the same: Pick a hot industry, build a technology park next to a research university, provide incentives for businesses to relocate, add some venture capital [...]

Washington Post: We need a black Mark Zuckerberg

Washington Post: We need a black Mark Zuckerberg

Silicon Valley is like the United Nations. The level of diversity in the Valley is unlike anywhere else in the world. But look deeper and you begin to notice that something is missing: Blacks and Hispanics.  According to the San Jose Mercury News, as of 2008, blacks and Hispanics constituted only 1.5 percent and 4.7 percent, [...]

Integrating Ethics Into The Core Of Your Startups: Why And How

Integrating Ethics Into The Core Of Your Startups: Why And How

When I came to the U.S. in 1980, I was young and naïve. I used to think that corruption and ethical lapses were just a third-world ill. Eventually, I became a tech CEO and learned the harsh realities of American business. Yes, standards are much higher, and breaches are punished, but the temptations are just [...]


Recent Articles

Washington Post: Why Silicon Valley needs humanities students

Quit your technology job. Get a PhD in the humanities. That’s the way to get ahead in the technology sector. That, at least, is what philosopher Damon Horowitz told a crowd of attendees at the BiblioTech Conference at Stanford University in 2011. Horowitz is also a serial entrepreneur who co-founded a company, Aardvark, which sold to Google for $50 million. He is presently the In-House Philosopher / Director of Engineering at Google. Wait, you say, that’s insane. At a time when record numbers of people, among them those with high-level degrees, are receiving public assistance, what kind of fool would get a degree in a subject with no clear job prospects beyond higher education or teaching?

In Silicon Valley, engineers are honor students and everyone else is taking remedial math. Venture Capitalists often express disdain for startup CEOs who are not engineers. Silicon Valley parents send their kids to college expecting them to major in a science, technology, engineering or math (STEM) discipline. The theory goes as follows: STEM degree holders will get higher pay upon graduation and get a leg up in the career sprint. (more…)

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Washington Post: The Gangsters of Silicon Valley

President Obama has been touting patents as a way to create jobs and increase U.S. competitiveness. “These are jobs and businesses of the future just waiting to be created,” he said of patent applications last September, “somewhere in that stack of applications could be the next technological breakthrough, the next miracle drug, the next idea that will launch the next Fortune 500 company.”

The President is mistaken—at least when it comes to the patent system as it relates to software patents. These patents—and the patent system—aren’t creating innovation, they are inhibiting it and, by extension, job creation. Why? Because the breakthroughs aren’t in the patents, they are in the way ideas are commercialized and marketed. Because of flaws in the patent system and government leaders’ misunderstandings, there is an arms race of sorts happening in the tech industry that is sapping billions out of the economy and crushing technology startups. This system is enriching patent trolls—companies that buy patents in order to extort money from innovators. These trolls are like a modern day mafia. Given this, I argue software patents need to be eliminated or curtailed. (more…)

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Washington Post: My Wasted Day on Capitol Hill

With the economy still in the doldrums, our political leaders are desperate to find ways to boost economic growth. Innovation and entrepreneurship are among the most obvious pathways to a solution. Both were the subject of a hearing held by the U.S. Senate Committee on Small Business & Entrepreneurship chaired by Sen. Mary Landrieu (D-La.), Wednesday. I was asked to participate in the discussion with other academics, government officials and entrepreneurs.

I left the hearing feeling depressed.

Government leaders — at least some of those present — actually seemed to believe they could, through legislation and spending, increase entrepreneurship and innovation. They asked questions such as: What legislation can we enact to build innovation ecosystems, facilitate mentorship, and teach entrepreneurship? They didn’t seem to understand that these are things entrepreneurs do—not governments. (more…)

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Washington Post: In Latin America, a new day is dawning

Guns. Drugs. Poverty. These three words sum up the view too many people in the U.S. have of Latin America. Fueled by media reports of massacres in MexicoMaoist rebellions in Peru, and grinding poverty in the hillside favelas of Brazil, this view of Latin America is ingrained in Americans’ collective conscious.

Except, of course, this view is no longer valid. (more…)

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BusinessWeek: Want More Startups? Learn From Chile

The foreigners will take our jobs away! Only the Nicaraguans will come! You can’t build a Silicon Valley without venture capital.

These were just a few of the arguments from opponents of a government program I helped create in 2010 to boost local entrepreneurship in Chile. The program, called Start-Up Chileseemed crazy at the time. Give $40,000 to startups led by foreign entrepreneurs to move and set up shop in one of the most magnificent countries on this planet for six months—no strings attached. The government would also provide free office space, help them settle in, and connect them to investors and mentors. (more…)

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Washington Post: In Chile’s slums, a lesson in how to make apps for social good

How many of the hundreds of thousands of mobile phone applications seek to do truly great things, such as lift people out of poverty or improve health care for the poor?

The App Economy, to date, has largely touched the lives of those living in the developed world. This is due, in part, to the high cost of smart phones but also because app development has lacked real vision and purpose. I have found that Silicon Valley, generally speaking, doesn’t build apps to save the world or lift people out of poverty. It builds them to sell Angry Bird t-shirts and generate lots of virtual currency.

The folks at Centro de Innovación in Santiago, Chile, aim to change that. (more…)

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ASEE Prism: Engineering Our Health

New technology and DNA access promise a medical revolution.

In 2000, scientists at a private company called Celera announced they had raced ahead of the U.S. government in decoding the DNA of a human being. Using the latest sequencing technology, plus the data available from the Human Genome project, Celera scientists created a working draft of the genome. These efforts cost more than $1 billion. Today, a complete genome sequence costs about $3,000 and takes about a week. One company, Life Technologies Corp. in Carlsbad, Calif., just announced that it will provide the service for $1,000 and in 24 hours. At this rate, within three years, the cost will be less than that of a simple blood test and the results will be almost instantaneous.

This type of data opens up an amazing set of possibilities.

A genome map is the source code for the software that constitutes living organisms. Imagine doing a Google search on your own genome to learn the health predispositions and likely abilities of people genetically similar to you. You can learn about what medications or lifestyle changes may best prevent a disease. (more…)

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Bloomberg BusinessWeek: Silicon Valley and Hollywood: Rivals or Kindred Spirits?

On an evening under the stars on the Fox Studios lot last week, a panel I emceed addressed a question that seems to recur in both creative and technology circles. Namely, how has Hollywood affected Silicon Valley? The pat answer for lots of technologists in the Bay Area would likely be: “Not for the better,” citing the recently tabled SOPA (Stop Online Piracy Act) and PIPA (Protect Intellectual Property Act) laws.

According to that worldview, SOPA and PIPA were ham-fisted attempts by Hollywood types and their buddies in the music business to commandeer the Internet and remove critical legal protections for search engines and hosting companies that may shelter pirates but also promote free speech and technology innovation. The common belief is that SOPA and PIPA represent yet another instance of entertainment industry greed trying to force people to pay up or face litigation—often for questionable trespasses such as viewing a movie they legitimately purchased on more than one device. (more…)

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Washington Post: Why the next Mark Zuckerberg may come from Brazil

Silicon Valley has led the world in innovation and entrepreneurship because of its culture of information sharing and mentoring. No other region in the world is like it. But things are changing. In my travels to countries like India, China, and Chile, I’ve witnessed a noticeable evolution in entrepreneurial culture over the past five years. Networking groups are emerging, and entrepreneurs are becoming more open. One of the most impressive examples of this is in Campinas, Brazil—a small university town on the outskirts of Sao Paulo.

In June 2010, ten startups at the Softex incubator at the Universidade Estadual de Campinas decided to break free from the university incubator they were housed in and form an entrepreneurial co-op of sorts, called the Associação Campinas Startups. Instead of relying on local business executives and professors to guide them, the entrepreneurs decided to learn from each other. The university was very supportive, and business mentors went out of their way to share their knowledge and experience. But the advice was always too theoretical or geared towards big companies. In short, it wasn’t relevant to the leaner, fast-paced technology world. Instead, the entrepreneurs found the greatest value in brainstorming sessions and casual information exchanges with each other over lunch or drinks after work. (more…)

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TechCrunch: Hollywood’s Role In Innovation… And SOPA

Silicon Valley may be a garden of innovation, but many of the seeds were sown by Hollywood. Earlier generations of innovators were inspired by shows such as Star TrekLost in Space, and The Jetsons; later generations, by films such as AliensTerminator, and Avatar. Hollywood brought science fiction to the masses and gave people big things to dream about. And music spread the inspiration — it was a social network before social networks existed.

These were some of the things we discussed at the Singularity University executive program on the Mulberry Street set at Hollywood’s Fox Studios, last weekend. Entertainer and technologist will.i.am, Fox Filmed Entertainment Chairman and CEO Jim Gianopulos, and Tesla and SpaceX founder, Elon Musk, provided some amazing insights into the symbiotic relationship between Hollywood and Silicon Valley. (more…)

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Washington Post: The future of America’s manufacturing sector

President Barack Obama reportedly asked Steve Jobs what it would take to bring iPhone manufacturing jobs back to the U.S. to which Jobs replied, “Those jobs aren’t coming back.”

The exchange, according to a Jan. 12, 2012 report in the New York Times, occurred in Feb. 2011 at a dinner in Silicon Valley. The late Steve Jobs was right. Even though advances in automation, 3D printing, and the rising costs of labor in China will cause manufacturing to return to U.S. shores, we won’t need the millions of factory workers we needed in the past. That’s because the manufacturing jobs we need filled today are different from the ones we sent abroad. These jobs require fewer workers with very different skills. (more…)

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Washington Post: America, keep rewarding your dissidents

Ever since I became an academic six years ago, I have been one of the biggest critics of U.S. competitiveness policies. I documented, for example, that we had our data wrong when it came to India and China’s advantages in engineering education and R&D, that we didn’t understand how to build innovation centers, and that our assumptions about entrepreneurs and entrepreneurship were wrong. I have been particularly vocal about America’s flawed immigration policies. I quantified the amazing contribution that skilled immigrants make in the technology industry and raised the alarm about the reverse brain drain that is in progress. I testified, assertively, to Congress, and have been badgering our political leaders to act on these important issues.

My father, a retired Indian diplomat, called me on several occasions to plead that I tone down my criticism. He worried that I would anger U.S. government officials and they would find some way to have me deported. Indeed, this would have been the case in many countries, where I could have ended up in a Gulag — or worse.

But what happens in America? (more…)

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