Tag Archives: Vivek Wadhwa

Immigration restrictions said to cause recent declines in US technology, innovation, entrepreneurship

Brooks Pierce friend Vivek Wadhwa believes that US immigration restrictions are creating a reverse brain drain. He says skilled innovators come to the US for education, then get frustrated with US treatment of immigrants, and go home.

Vivek has tracked US restrictions on immigrants to the surge of start-ups in China and India — and he links that surge to recent declines in the US. So, he’s got the cure:

We need to make it easy for entrepreneurs
abroad to bring start-up firms to the United
States. One solution is to provide a ‘start-up
visa’ as a path to permanent residency. This
would perhaps be valid for five years, with
an upgrade to permanent residency dependent
on the firm’s employment of US workers.
The Kauffman Foundation in Kansas City,
Missouri has estimated that such a visa
would create 1.6 million jobs within 10 years
and boost the US economy by $224 billion
a year.

This sounds like a robust response to the challenges of globalism. Vivek says:

By becoming the best place in the world for entrepreneurs to study and work in, the United States could again be in the driving seat of technology innovation. Then we can share the resulting prosperity in a more equitable way to mitigate the anger of the electorate.

MidLaw is for that.

Artificial intelligence at hand; future beckons; what to do?

artint3Last year, MidLaw reported Steve Wozniak’s pronouncement (delivered at an event in Raleigh) that Moore’s Law is coming to an end. The limits of the continuing expansion of computer power are in sight, Wozniak said.

Well, not so fast. Ray Kurzweil begs to differ. Kurzweil and others believe that Moore’s Law can run for another 5 or 10 years (expanding computer power by cramming more and more capacity into smaller and smaller spaces) – and then other laws (or paradigms) will take it from there.

In 5 years’ time, these guys now predict, we’ll have the hardware needed to replicate the human brain. By 2029, we’ll have the software.

In short, as Vivek Wadwha says, we are approaching the time when our cell phones will be smarter than we are. The prospect of genuine artificial intelligence is upon us. It has come much faster than expected.

Some see great threats in this, portending the end of the human race. Others see promise.

I hear that these are real concerns – either way. When I attempt to think at the same scale, I can’t get outside my old boxes. The greatest tool I know that we have for getting a grip on these challenges is to provide a “practical liberal education” for as many members of our little species as will reach for it. And, I am talking about a liberal education – not mere preparation for the workplace. I am talking about Nereus-Mendenhall-style education.

And if you are a lawyer, it’s back to what we first came here to do: “creative, interpersonal, social and persuasive.”

We appear to be heading into a wide-open future. How else can we get ready?

The future, it’s great – if you have a liberal education, are a lawyer

I love the future. It is so nice there.future

Credible thinkers are predicting a future, not all that far off, in which energy will be nearly free, clean and unlimited. Machines will do most of  the work and much of the thinking and creating. The word is Abundance.

Literally, these thinkers are saying that energy from the Sun will fuel your car at almost no cost; and you won’t need to drive because a machine will do that for you. That’s coming in about 20 years. These are serious people. They are serious about this.

Why don’t we just go with it? Let’s go to the beach.

I think it’s easy to see that this is a future that is going to require a liberal education – and lots of lawyers. We’re going to need citizens with what Nereus Mendenhall called “well trained minds and good hearts.”