The importance of Energy technology
I’m spending a small in number days in Silicon Valley doing more reporting for upcoming stories. One thing that comes through loud and clear: How vital it is for Silicon Valley venture capitalists and entrepreneurs to be heavily involved in alternative energy technologies. This was very much on Andy Grove’s mind when I visited him yesterday afternoon. He pointed out that the US not to be found the direction in battery technology in the 1970s when consumer electronics went to Japan. Now we’re nowhere in the battery realm (or have little going), that is seemly one of the key technologies in the creation. The lesson: The nation can’t afford to bestow up on core technologies even if they strike one as being to be commoditizing. But how does the country continue companies in the stratagem if they don’t see it as being strategic and useful? Should there be government incentives on account of sustaining core technologies in the private sector? This is a toughie.
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