Inside Sources: Sabotaging America’s Dominance of Critical Technologies by Robert Taylor
President Biden recently warned that America is losing its technological edge. “We used to rank number one in the world in research and development,” he said. “Now, we rank number nine. China was number eight decades ago; now they are number two. And other countries are closing in fast.”
The president’s concerns are fully justified, but neither he nor Congress is addressing the problem. Indeed, both are moving in the opposite direction.
If current trends continue, our biggest geopolitical rivals will soon leave this nation in their dust in the race for technological supremacy. This will have disastrous consequences for many strategically critical technologies for years to come. The blame rests largely with politicians working systematically and intentionally to weaken the U.S. patent system — the greatest engine for technological progress ever devised.