Bring back high-tech manufacturing to US says MIT president

Bring back high-tech manufacturing to US says MIT president

Summary: The US is lacking the right investments in research and education-- the government needs to lead.

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TOPICS: IT Employment
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Massachusetts Institute of Technology President Susan Hockfield says that US companies should bring back production of high tech products to the US, as part of a plan to boost innovation and jobs.

Speaking at a recent event hosted by the Commonwealth Club of Silicon Valley, she said:

"Don't just create ideas, also make products here," she said. "Buying back technologies that we invented changed our surplus into deficit. We need to have a substantial fraction of technologies that are made in America."

She also warned about automatic spending cuts scheduled by the US government and their dire impact on the US lead in innovation.

"The big question is: Where will our much needed jobs come from?" she asked. "Will we let other nations lead or will we seize the lead?"

Innovation has been responsible for about half of all new jobs in the US over the past 50 years. But that innovation came out of investments in basic research, which is lacking today.

"The entire computer industry came out of basic investments in research," she said. "We have to engage with government leaders and help them understand what we do. There are very intelligent people in Washington, but political forces trump all."

Topic: IT Employment

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  • Pfffft

    Yeah, yeah, all good things flow from government.

    Wasn't it the government that broke up AT&T and destroyed Bell Labs, which had invented UNIX, C, the transistor, and countless 'basic research' breakthroughs? Why do people believe that politicians -- most of whom are lawyers -- should direct every aspect of our society?
    Robert Hahn
  • RE: Bring back high-tech manufacturing to US says MIT president

    "The big question is: Where will our much needed jobs come from?"

    Nowhere, if we keep piling on more regulations. Why are other nations cheaper? Because they haven't made it super-costly to run a business.

    "But that innovation came out of investments in basic research, which is lacking today."

    So quit taxing businesses to death. When budgets are cut, the first thing to go is usually R&D.
    CobraA1
    • RE: Bring back high-tech manufacturing to US says MIT president

      @CobraA1
      ..So quit taxing businesses to death. When budgets are cut, the first thing to go is usually R&D.....

      Can you provide any example especially with respect to tech leaders?

      Thanks,

      Joe
      seosamh_z
  • Fix the patent mess first

    Instead of continually making things worse, Congress needs to truly reform our patent mess. Eliminate software, business process and user interface patents altogether. Make it impossible for someone to sue someone else over a mathematical formula or a finger-swipe control; this is unjust. Eliminate unions; they have historically and repeatedly behaved unjustly. Eliminate overreaching and burdensome government regulations and taxes/fees; they are unjust. Eliminate or gut the EPA; they have repeatedly behaved unjustly and unpredictably. Eliminate or gut the FCC; they continue to make power grabs in areas where they have no jurisdiction (phone, cable, Internet).

    Businesses, like individuals, seek out climates which are conducive to success thriving. Justice and freedom are the driving forces for business success, as well as personal freedom and prosperity. Businesses expect predictable and reasonable regulations and taxes/fees. When government gets out of control (and ours has), clear-thinking businessmen take their business (and their jobs) elsewhere.

    Learn the lessons of history, people. It's all right there, plain as day, for all to see. If you don't understand the needs of business, then *please* don't vote, and keep your mouth shut about politics because you don't know what you're talking about. Without business, we don't have a country.
    roncemer
    • How do you propose to do away with unions?

      @roncemer <br>Are you talking about outlawing strikes and/or collective bargaining, or maybe defining disloyalty to one's employer as petty treason?
      John L. Ries