By Gary Shapiro
The United States seems on a downward slide. Our govt spends an excessive amount of; our economic system creates too little; and we're not getting ready our youngsters to compete in an international industry. but our legislators - Republican and Democrat alike - simply do not get it. whereas once-great towns fall into decay, Washington flourishes, residing off the exertions and tax money of the non-public zone. it is time for an American comeback -- and it starts off with innovation. all through its background, America's nice innovators were the drivers of our unsurpassed fiscal good fortune. American innovation reworked a rustic of ragtag farmers into the epicenter of the world's technological development. Innovation creates jobs, markets, and new industries the place none existed earlier than. most significantly, innovation strikes us ahead as a kingdom, pushing us to prevail and try for a greater the following day. in brief, innovation is the yank Dream. within the Comeback, Gary Shapiro indicates us the best way to go back innovation to its rightful position on the middle of America's monetary coverage. The Comeback is a brand new blueprint for America's luck.
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Extra resources for The Comeback: How Innovation Will Restore the American Dream
Example text
Now compare cable’s response to the broadcasting industry. Rather than adapting, the broadcasters often meet new competitive threats by lobbying government for more protection. For example, broadcasters have been urging Congress to pass a law mandating that all cell phones come with radio tuners. This absurdity would penalize the innovation of the cell phone with the antiquity of the FM radio and antennae.
The VCR allowed “time shifting,” and for the first time consumers had control of what they could watch and when they could watch it. This freedom to control content was what so concerned Hollywood executives. Their successful history had relied on total control of distribution and showing of their movies and TV programs. If consumers could record the annual TV broadcast of The Wizard of Oz and watch it whenever they wanted, then why would advertisers pay broadcasters the following year? Hollywood’s fear was real and understandable.
That was a defining moment for Shapiro, as it would be for the revolution in consumer electronics that followed. It was a fight that showed that the success or failure of innovation has as much to do with the effort to defend it as it does with the usefulness of the product. I also worked closely with Shapiro as he helped lead the national transition to digital television. That successful effort disrupted the status quo but changed our nation for the better. Of course, along with thousands of others, I have also been to International CES, where innovation and the future are on display.