When it comes to infrastructure in the United States, the needs are massive. According to a new report from the United States Chamber of Commerce, the U.S. needs $8.2 trillion between 2013-2030 in energy, transportation, and water-related infrastructure projects (a conservative estimate that doesn't take into account infrastructure needs caused by climate change). And where does it hope to get that money? Not from dwindling U.S. public funds, but from, who else , China. The report calls China -- the second-largest goods trader with the U.S. -- "the most important" new player in a "dramatically changed global economy." The Chamber of Commerce argues that the United States needs to take advantage of the China's huge pool of capital. But the report also acts as a document to convince Chinese businesses that the U.S. is a good investment and gives advice for completing a successful partnership with recommendations for handling everything from U.S. national security concerns to its … [Read more...] about For better infrastructure, does the U.S. need China?
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As virtual reality and augmented reality gain popularity with consumers, attention is turning to ways these immersive technologies can be used in U.S. schools and in the work force.Panelists at an event on Tuesday called Virtual Reality Meets Capitol Hill discussed the emerging role that federal, state and local governments will face to keep the U.S. competitive with China and other countries in fostering VR growth. The event was held at the U.S. Capitol Visitor Center.Speakers called for greater investments by the federal government in wired broadband, but they also backed attempts by private wireless carriers to expand 5G wireless networks. Both network improvements will be needed to reduce latency between role players inside VR worlds, some of whom will be physically thousands of miles apart."We have to build a bridge between [VR and AR] technology and the government world," said Chelsea Collier, founder of Digi.City, a group that focuses on technology innovation and public policy. … [Read more...] about Virtual reality needs U.S. gov’t backing
The adoption of smart city technology to manage traffic, water supplies, air pollution and other needs will see an upswing this year in U.S. cities, according to AT&T's smart city executive and a market research analyst.IBM and Cisco have been pitching the themes of a smarter planet and the internet of everything for more than five years. Now, city governments nationwide are pushing pilot projects of these efforts and seeking ways to raise revenues for tech deployments by issuing bonds and imposing sales taxes to pay for them."2016 was when a lot of cities and their leadership got active around wanting to become smarter, but 2017 is the year we'll see cities move from the project phase to building out a holistic framework for smart technology," said Mike Zeto, general manager of the AT&T Smart Cities business unit, in an interview."2016 was a test year, and 2017 really will see cities looking at ways to fund that technology, while late 2017 will be when cities make choices … [Read more...] about Smart city tech growing in the U.S.
While popular in the halls of Congress, the additional H-1 B visa fees tacked on to the most recent immigration appropriations bill drew mostly criticism outside of Washington. Some critics say it went too far; others say it didn't go far enough. Most agreed that the move would do little to protect or create U.S. IT jobs.Meanwhile, the more substantial H-1B and L-1 Visa Reform Act of 2009, introduced by Senators Richard Durbin and Chuck Grassley, has been in committee since April 2009and is expected to stay put through the remainder of the year. Phil Fersht, founder of outsourcing analyst firm Horses for Sources, views Congress's recent efforts to curb offshore outsourcing as "merely political grandstanding from the protectionist lobby that will only encourage further offshoring." As Americans prepare to celebrate Labor Day, CIO.com asked some leading minds—academics and analysts, outsourcing consultants and IT services executives—what the federal government ought to do to … [Read more...] about How to Save U.S. IT Jobs
If you've ever driven along a major U.S. interstate and found you had no wireless reception for miles, you are not alone. Even today, there are entire areas of the United States where people live and work without reliable wireless reception.Take, for example, Wyoming County in West Virginia coal country. Its residents and businesses are struggling to promote economic growth while putting up with spotty, slow or even nonexistent cellular voice and data service.The county sits at the southern edge of the state, about 340 miles southwest of Washington, D.C. Half the children in this county of 24,000 people live below the poverty line and the lifeblood coal industry has been sagging for 18 months.Still, county officials are optimistic: Two elementary schools and a federal prison are being built and there's a new Arby's in Pineville, the county seat. The county has set up the John D. Rockefeller Industrial Park, eight miles from Pineville, to attract new businesses. Christy Laxton, the top … [Read more...] about Why Some U.S. Homes and Businesses Still Don’t Have Cellular Service
The U.S. Agency for International Affairs (USAID) is funding development of Sri Lanka's offshore outsourcing industry, with the goal of creating some 3,000 jobs in an area of the country that has been especially brutalized by civil war.The U.S. embassy in Sri Lanka on Friday posted a press release last week announcing a number of initiatives, including a joint program with business-process outsourcing and IT companies "to establish professional IT and English skills development training centers" in the country's Northern Province. Offshoring: The 25 Most Dangerous Cities for Outsourcing in 2010 The training programs, which are available through cooperation with unidentified private companies, are intended to provide specific training in offshore business process support, English, and enterprise Java, to a population that has suffered through some 26 years of civil war, said USAID said in a follow-up blog posting Wednesday.In June, the United Nations Industrial Development … [Read more...] about U.S. Agency Funds Offshore Training in Enterprise Java
President Barack's Obama's fiscal 2015 budget plan would increase federal R&D spending by 1.2% over this year, if Congress approves.The federal spending proposal for the next fiscal year would bring total R&D spending to about $135.4 billion, up by about $1.7 billion.The federal government's 2015 fiscal year begins Oct. 1.John Holdren, White House senior advisor on science and technology policy, said that research spending on science and technology "is doing better than might have been expected" given budget constraints."The U.S. still remains by far the world's largest investor in research and development in absolute terms," said Holdren, at a budget briefing Tuesday.But Holdren added that the U.S. is getting more R&D competition."It is true that China, for example, has been increasing its investments at a very high rate and is now sitting at about half the investment of the United States," said Holdren. "That gap will narrow further if China continues to boost its … [Read more...] about China’s R&D Investment Getting Closer to U.S.
In the future, will Andy Grove be viewed as a prophetic visionary or a misguided agitator? The U.S. better hope that it's the latter — or change its current economic policies — because when Grove looks into the future he sees a U.S. tech industry that is likely to be severely diminished.Grove, the former head of Intel, is best known for his quote, "Only the paranoid survive." His paranoia was once aimed at staying a step ahead of competitors in the PC wars of the 1980s and 90s, but in recent years Grove has expanded his purview to focus on the future of the larger tech industry and he is deeply concerned by what he sees in the U.S.When Grove received a lifetime achievement award at the National Inventors Hall of Fame induction ceremony in May 2009, he told the audience, "As we celebrate the accomplishments of the last 50 years, I can't help but wonder if the next 50 years will be equally productive. I'm dubious."In that speech he decried the U.S. patent system, explaining … [Read more...] about Is the U.S. tech industry oiling its own guillotine?
December finished high in the job count, pushing what was already a great year for the United States economy to a great year, despite many other countries have a troublesome year. Get the Free Tracker App to find a Luvabella in Stock Nonfarm payrolls increased by 292,000 last month, the Labor Department announced on Friday. The unemployment rate held quite steady at a 7.5-year low of 5%, even as college graduations meant that more people were entering the labor force.Better yet, the payrolls for both October and November were revised to show that there were more than 50,000 more jobs created than previously reported.For a bit of bad news, there was a 1% drop in average hourly wages.There were some fears at the start of this year (and December) that the economy's healthy was on the wayside, especially because there was some weakness expected in the manufacturing and export sectors due to global demand. However, the approaches to fight against those seemed to be successful."It is … [Read more...] about U.S. December Payroll Hints At Promising Economic Future
Entreprenurial startups are the sole source of net new job growth in the U.S., maintains serial high-tech entrepreneur Henry Nothhaft. But he fears that they are becoming an endangered species.When it comes to startups, Nothhaft knows what he's talking about — he's seen firsthand the powerful role that small startup businesses play in job creation and growth in the U.S. In his 35 years in business, he has helped create more than 6,000 jobs and returned $8 billion to investors.The former CEO of technology-miniaturization company Tessera, Nothhaft helped grow the first Internet company (Telenet) in the '70s, helped develop the first voicemail and data-network in the '80s, and in the '90s led Concentric Networks, one of America's largest Internet service providers, to an initial public offering and $2.5 billion sale to XO Communications. Before joining Tessera, he headed up Danger, the creator of the wildly popular T-Mobile Sidekick, which was sold to Microsoft for $500 … [Read more...] about What Can the U.S. Do to Rekindle Entrepreneurship?