In An Age Of Innovation, Big Defense May Be The Closest Thing Washington Has To A Real Industrial Policy
The bloom is off the rose that was Big Tech. Share prices have fallen. Workers are being laid off. Anger at the sector is widespread in both political parties. The biggest tech companies in China are facing their own headwinds, thanks to the increasingly intrusive rule of Xi Jinping. But that doesn’t change the fact that America needs to stay ahead of China in the business of innovation. Lockheed CEO Jim Taiclet has publicly cited the importance of schools like Penn State and the University of Central Florida as feeder institutions for his company’s technical workforce. One facet of that relationship is the preparation of engineers to work in disciplines such as artificial intelligence and cybersecurity. The company employs 10,000 software engineers, virtually all of whom are university-trained.
Forbes