Page 8 - Obio Technology News Today

Chinese political system given their own generational shifts and their own -- the constraints of their own system thats going to -- will affect their projection of power and their accumulation of it? >> well, i think they have absolutely no interest in acquiring political power at this time and so i think one of the misinformation out there is somehow china is in near colonial or imperialistic sense, this is about economics. they have 1.3 billion population as we know, 300 million live like us, ...

And imagination of our people. a lot of this obviously, is done in the private secretariey esei sector. it is hesitant to invest in the unknown, especially when it comes to basic research. historically, thats been a federal responsibility. thats how we ended up with things like the computer chip and the gps. thats how we ended up with the internet and also how a lot of your states are already attracting jobs and industries of the future. i wept nt to wisconsin a few we ago and visited a small co...

Always driven the discovery of new products and new ideas. you do it better than anybody. but what you also know is that its not always profitable in the short term, at least, for you to invest in basic research. its very expensive, and the payoffs are not always clear and theyre not always localized, and that is why government has traditionally helped to invest in this kind of science, planted the seeds that grew from the computer chips to the internet. and thats why were making investments tod...