A Quote by Ro Khanna
We have a choice in Silicon Valley. We can either continue to exist as an island to ourselves, focused on wealth creation and innovation... or we can understand that we are in the middle of a software revolution and answer the nation's call to provide economic opportunity and technology to places left behind.
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One thing I want to do is get Silicon Valley to think harder about those who have been left behind by the technology revolution. It has created huge winners for those who are able to understand it and are adept at it. But it has also displaced a tremendous number of jobs.
Silicon Valley has been this global engine of innovation and economic growth over the last few decades, but a tidal wave of innovation that has been focused very much in the digital realm.
Sometimes, in Silicon Valley, there is this attitude that we know best and we can change the world. The boldness allows us to invent the future. But, we need more empathy for those who are left behind and a recognition that Silicon Valley can't just call the shots and expect change.
Silicon Valley, after all, feeds off the existence of computers, the internet, the IT systems, satellites, the whole of micro electronics and so on, but a lot of that comes straight out of the state sector of the economy. Silicon Valley developed, but they expanded and turned it into commercial products and so on, but the innovation is on the basis of fundamental technological development that took places in places like this [MIT] on government funding, and that continues.
We can't have all the concentration of wealth in a few places in this country. We've got to create economic opportunity and new industries in communities that feel left behind.
More and more major industries are being run on software and delivered as online services—from movies to agriculture to national defense. Many of the winners are Silicon Valley-style entrepreneurial technology companies that are invading and overturning established industry structures. Over the next 10 years, I expect many more industries to be disrupted by software, with new world-beating Silicon Valley companies doing the disruption in more cases than not.
Because I had visited Silicon Valley, I recognized the microprocessor was going to lead the second industrial revolution. We Chinese could not miss that opportunity again - we missed the first industrial revolution already. We put our effort into trying to bring this new technology from the United States to Taiwan. That was the begining of Acer.
Silicon Valley does not breed great technology. Instead, the smartest people from around the world tend to move to Silicon Valley.
The new Web is a very different thing. It's a tool for bringing together the small contributions of millions of people and making them matter. Silicon Valley consultants call it Web 2.0, as if it were a new version of some old software. But it's really a revolution.
The foremost challenge is that of the knowledge revolution. Economic power will depend on creativity and innovation. Creation of wealth will move from traditional resources to the one asset: knowledge.
The entire world is now a rival to Silicon Valley. No country, state, region, nor city has a lock on innovation in technology anymore.
Japan will change. Let's create a country where innovation is constantly happening, giving birth to new industries to lead the world, when I visit Silicon Valley I want to think about how we can take Silicon Valley's ways and make them work in Japan.
If the whole U.S. was like Silicon Valley, we'd be in good shape. But now, the entire U.S. is not driven by technology, is not driven by innovation.
We who work in technology have nurtured an especially rare gift: the opportunity to effect change at an unprecedented scale and rate. Technology, community, and capitalism combine to make Silicon Valley the potential epicenter of vast positive change.
I understand what scripting and programming is, but do I know how to do it? Not really. But, I think that even knocking on the door allows you to understand a little bit of that kind of stuff. Mainly what 'Silicon Valley' has taught me, in that respect, is the business side of it, with that gold rush element as opposed to creating software.
In most parts of the world, starting a company that goes bust is dubbed a 'failure.' In Silicon Valley, we call this 'gaining experience.' We are willing to take the risks that are inherent for innovation.
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