A Quote by Alan Greenspan

One of the major problems with China is that its innovation is largely borrowed technology. — © Alan Greenspan
One of the major problems with China is that its innovation is largely borrowed technology.
I want China to stop appropriating our technology. China is, through forced technology transfer and through stealing our technology, but really forced technology transfer, is cutting out the beating heart of American innovation.
Technology causes problems as well as solves problems. Nobody has figured out a way to ensure that, as of tomorrow, technology won't create problems. Technology simply means increased power, which is why we have the global problems we face today.
Generally, the technology that enables disruption is developed in the companies that are the practitioners of the original technology. That's where the understanding of the technology first comes together. They usually can't commercialize the technology because they have to couple it with the business model innovation, and because they tend to try to take all of their technologies to market through their original business model, somebody else just picks up the technology and changes the world through the business model innovation.
As technology plays a major role inside and outside the classroom, we want to make sure education innovation is accessible.
Sustainable solutions based on innovation can create a more resilient world only if that innovation is focused on the health and well-being of its inhabitants. And it is at that point - where technology and human needs intersect - that we will find meaningful innovation.
Technology sometimes gets a bad rap because of certain consequences that it's had on the environment and unforeseen problems, but we shouldn't use it as an excuse to reject our tools; rather, we should decide that we need to make better tools to solve the problems caused by the initial tools in a progressive wave of innovation.
The density of human population combined with the development of powerful and largely unconstrained technology has given us the problems of the anthropocene and the serious possibility of self-caused extinction.
I think I'm just a traveler. When you walk across a river and there's no bridge, you build one. I'm used to having to deal with Chinese Communist ideology - it's not really an ideology, but a method of control. But China's problems are not just China's problems - they're human problems. Humanity has always worked better when you see it as one.
Each major wave of technology innovation has given rise to one or more super-unicorns - companies that could change your life to work at or invest in if you're not lucky/genius enough to be a co-founder.
Invention is the root of innovation. Innovation is the major force for change in the future.
For most western executives, innovation is about breakthrough technology or innovation. If it's not breakthrough, it's not interesting, and it's all about technology and products.
I think China thinks information technology is less important than we think it is in the US, economically, and more important politically. And so Chinese internet companies are extremely political, they're protected behind the great firewall of China, and investment in Alibaba is good as long as Jack Ma stays in the good graces of the Chinese communist party. Alibaba is largely copying various business models from the US; they have combined some things in interesting new ways, but I think it's fundamentally a business that works because of the political protection you get in China.
This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out in front of the knowledge of risk.
All of our current environmental problems are unanticipated harmful consequences of our existing technology. There is no basis for believing that technology will miraculously stop causing new and unanticipated problems while it is solving the problems that it previously produced.
When I look at China's environmental problems, the real barrier is not lack of technology or money. It's lack of motivation.
Well, I think we are seeing some shifts in manufacturing. China, when you go in and you talk to the big manufacturers there, the biggest problems in mainland China are recruiting and retention. There isn't an endless supply of cheap labor anymore in China. And it's now true that the labor rates in Mexico are lower than in China.
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