Michael Sekora is an American physicist who led Project Socrates, a classified U.S. Defense Intelligence Agency program established in 1983 under the Reagan administration. Project Socrates was tasked with determining why the United States was unable to maintain economic competitiveness—and to rectify the situation.
Mr Sekora reads my blog and we have been communicating for some time. I believe we have some common interests and ideas about the technological advancement of societies.
In this article, as per title by Mike, he argues that we must move away from a finance based premise for economic development to a more technology based premise.
I agree with this. We must move towards greater application of technology for the production of more real goods and services. We need more engineers to make products and we need more businessmen to take those products to market etc.
First a quick read :
I want to comment on this statement by Mike : 'technology based planning eg by China'.
Under Deng Hsiao Ping the Chinese made a huge leap forward by introducing technology in larger quantities in their economy. Deng will go down in history as the leader who moved hundreds of millions of Chinese out of the poverty line in under one decade. And I believe the application of relatively high technology in everyday life in China is accelerating. That is why they are well on their way to become the number one nation in the world.
This is the real world folks. We have to organise ourselves to produce and use more technology products and technology services. Malaysia may not be a producer of new technologies in all fields but we certainly need to apply more and more high technology in the everyday lives of our people.
I just had a conversation with someone about the BestariNet project. Over RM650 million has been spent with not much to show. This is the project to equip our schoolkids with those tablet computers to replace school textbooks.
Money has been spent but where is BestariNet? The Chinese have done it, so have the Singaporeans and even the Indians. Imagine the school kids do not need school bags anymore.
And I can assure you the six year olds are much quicker than you and me when it comes to computers and smart phones. They learn at light speed.
So lets give them the new technologies cheaply and in quantity. In no time they will be producing the new technologies.
Michael Sekora can be contacted at email@example.com