Dr. Michio Kaku America Has A Secret Weapon

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[Dr. Michio Kaku America Has A Secret Weapon]

[Michio Kaku (加来 道雄, Kaku Michio, born January 24, 1947)] Source: LYBIO.net
I must disagree with my esteemed colleague here.

[Michael Schrage] Source: LYBIO.net
Except for the esteemed part.

[Michio Kaku]
Ok, first of all, let me say that science is the engine of prosperity, from steam power to electricity to the laser to the transistor, to the computer

[Michael Schrage]
That’s not true, we are talking about technology!

[Michio Kaku]
Hey, can I have my

[Michael Schrage]
Sure

[Michio Kaku] Source: LYBIO.net
You had your say, let me have my say!

[Michael Schrage]
Yes

[Michio Kaku] Source: LYBIO.net
However the information revolution has a weakness. The weakness is precisely the educational system. The United States has the worst educational system known to science. Are graduates compete regularly at the level of 3rd world countries. How come the scientific establishment of United States doesn’t collapse? If we are producing a generation of dummies, if the stupid index of America keeps rising every year, just watch Network television and reality shows, right? How come the scientific establishment of the United States doesn’t collapse? Let me tell you something! Some of you may not know this. Source: LYBIO.net America has a secret weapon! That secret weapon is the H-1B, without the H-1B the scientific establishment of this country would collapse! Forget about Google. Forget about Silicon Valley, there would be no Silicon Valley without the H-1B. And you know what the H-1B is? It’s the Genius Visa! Ok. You realize that in the United States 50% of all P.H.D. candidates are foreign born. At my system, one of the biggest in the United States, 100% of P.H.D candidates are foreign born. The United States is a magnet sucking up all the brains of the world but now the brains are going back. They are going back to China. They are going back to India. And people are saying: “Oh my god!”. There’s a Silicon Valley in India now! Oh, my god, there’s a Silicon Valley in China! Duhhhhh! Where did they come from? It came from the United States! So don’t tell me that science is the engine of prosperity, you remove the H-1B Visa and you collapse the economy! In the Wall Street Journal editorialized in the Congress who wanted to ban the H-1B, saying they will take jobs away from the American people. The Wall Street Journal said: “Look, there are no Americans who can take these jobs, these are at the highest level of high technology.” They don’t take away jobs from Americans they create entire industry (ies). That’s why we have an Achilles’ heel and that’s the educational system and again Sociology Majors are not necessarily going to be the one determining the future in Silicon Valley but physicists, engineers, we need more of them, not less.

[Audience] Source: LYBIO.net
(applauds)

[Michael Schrage]
The irony is, the irony is the irony is, I agree with the immigration issues what you’re saying, I’m in the school of course, and Peter is a graduate of the school where indeed immigration is

[Michio Kaku]
Your school wouldn’t exist without the H-1B Visa

[Michael Schrage]
Of course – of course but I – I’m

[Tom Stewart]
We have to get back to the future of business in a second

[Michael Schrage] Source: LYBIO.net
But hold on a second, I’m not – no, no, no, I’m not arguing against an H-1B. I completely agree with this issue and the point on the future of business that he’s making which is very very important is the nature of human capital, but what is misunderstood here is again how poorly run schools are, M.I.T is a notable exception in this regard, his school, his school, his school is not because what happens is, is they run in these introductory science and engineering calls in Illinois and Wisconsin and Michigan, they run freshman and soft-more years as flunk out operations, they – they – they -they do it, they run it as a boot camp and then people are surprised that people don’t take science, they don’t take the SEM courses, the point that I’m trying to make is, which I think is an important one in this regard is that the way educational systems are set up, right now, is that we have a distortive incentives that undermine the ability for American to have an homegrown Science and technology center. Immigration is a wonderful

[Tom Stewart]
I want to move this, just a second; I want to move this from an American conversation to a global conversation. It is a global economy, and so on, I mean, obviously to those of us who are Americans, this matters hugely, politically, but as we talk about the future of business, one pretty clear thing is, and it’s going to be increasingly borderless, and one of the questions we sort of want to ask is, if you’re wearing your CEO hat, some of these implications might be, where are you going to put your headquarters, are you going to put your headquarters in Bangalore, or in Buenos Aires, and in Silicon Valley? You’ve got a lot of issues around that. I’d like to move it to that. Peter, you had your hand up first and I know you want to comment on this, and then I want to start asking about the, some questions about where the big industries will be in the future. But, yeah.

[Peter Diamandis]
So, to bring this back to the focus on SAP and mobility and cloud, the fact of the matter is that the rate of changing is increasing. The rate of change is increasing, period. And we’re working into a day and age where the ability for, again, an individual or small team to innovate and build a company is greater than ever before. The cloud and mobile computing, 3D printing, AI-enabled capabilities, are going to allow for the birth of extraordinary industries. And the fact of the matter is, there is no industry that’s safe. Medicine, I just got finished speaking to a group of 500 medical CEO’s, over the next 10 years, medicine is going to be completely redefined. And the fact of the matter is that when regulations are holding an industry back, like it is in medicine, it simply means it’s going to be redefined in a different country. There are no boundaries any more, companies are multinational, individuals are multinational, ideas go across the globe at the speed of light and we’re going to see a rate of change that is not stopped by regulation, especially when governments can no longer regulate at the speed of change that’s going on right now.

Dr. Michio Kaku America Has A Secret Weapon. Let me tell you something! Some of you may not know this. America has a secret weapon! That secret weapon is the H-1B, without the H-1B the scientific establishment of this country would collapse! Complete Full Transcript, Dialogue, Remarks, Saying, Quotes, Words And Text.