The future for America: Innovation and entrepreneurship
summary
U.S. innovation ranking falls to #11 (used to be #1), Nasdaq tech IPOs drop from ~250 a year to 138 then 98, and unicorn share slides from 61% to 41% since 2014; venture capital concentration in the U.S. falls from ~80% to 53%. Rapid adopters use Bitcoin, blockchain, smart contracts and AI to redesign finance, governance and startups. Policy prescriptions are concrete: simplify company formation, cut regulatory friction around ICOs vs IPOs, and set a national goal to massively increase startup formation to restore job creation.
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chapters (11)
- 0:00Introduction and current state
- 1:12US innovation decline
- 3:42Borderless governance with blockchain
- 6:50National policy for startups
- 9:17Government simplification for business
- 11:00Regulation and ICO challenges
- 13:09SEC and regulatory clarity
- 14:43Purpose-driven entrepreneurship
- 16:55Technology as a job creator
- 18:21Draper University and job creation
- 19:49Future of US innovation
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