The US policy makers are facing some tough choices as there's now an increased competition for talent from places like Europe,Australia,canada and even from asian nations like south korea , singapore ,saudi arabia ,UAE etc.
While I'm all for protecting domestic jobs there's the danger that USA may face significant competition in the coming decades from the nations that are eager to hire talented immigrants to build their industry.
The solution I think is to take lead in key industries to continue the growth. US did well initially with electric vehicles but it lost advantage. It has a lot going for it in AI and Google's quantum supremacy is promising for US deep tech. In semiconductors the chips and science act did well to promote local industries.
US still has one of the largest fiber optic cable manufacturers. It's telecom industry is doing reasonably well. Boeing suffered some setbacks but other aviation components manufacturers like GE are doing well. The US department of energy did an amazing job to get US energy industry back to its innovating ways. Fusion seems far off in the future but folks at Princeton Plasma Physics Laboratory (PPPL) are doing some amazing stuff. There are new advancements in fission too (TRISO fuel particles and modular reactors). Led by AI revolution in the tech industries more nuclear reactors are going to be set up to meet the energy requirements of AI data centers. Good times ahead for people in power space.
More startups are emerging in the space sector. Blue origin is doing some good work. Space X recently caught a rocket between metal chopsticks.
It's not all doom just right now. But in the future the competition is going to get more severe. The question that US needs to ask is that should it let go of immigrants and allow other nations to build their technical capabilities or should it hire them and focus on creating new industries that can propel growth?
America took the top spot because it created entirely new industries. I think that it should continue doing the same. To create more jobs it needs to encourage startups. More small businesses need to come up.
https://www.reddit.com/r/ElectricalEngineering/comments/1hoi2zg/comment/m4naorx/
Akshat Jiwan Sharma
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email:getellobed@gmail.com
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