Another heavy hitter in the tech world has told us what we already know quite well, several factors have curtailed the American impulse to be on top and out in front in terms of technology research and development. This time it was Intel’s chief, Paul Otellini, who said, at an Aspen Forum dinner this week, according to CNet:

Unless government policies are altered, he predicted, “the next big thing will not be invented here. Jobs will not be created here.” The U.S. legal environment has become so hostile to business, Otellini said, that there is likely to be “an inevitable erosion and shift of wealth, much like we’re seeing today in Europe–this is the bitter truth.”

Intel CEO Paul Otellini, who warned this week that the U.S. faces a huge tech decline. (Credit: Intel)

Sometimes it feels like the American education system’s stewards really want to prevent any real progress or innovation from coming out of the system. We need kids who are exposed to great teachers and great technology, so that when they grow up and travel around the world (hopefully) engaging with new people and new ideas, they can help develop some of the killer apps and killer technology that makes global economies tick.

Right now, the only ticking I am hearing is the tick-tock of a warning clock that is ticking off the waning days until we don’t have much to show for ourselves.

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