Grove warns US government that tech is becoming commoditized and thus, globally less competitive.
Time to rebuild a comparative advantage. Oh wait - we've already got one - it's in being the global source of discontinuous innovation. We've just got to exploit it better. How? Now that's the question. Things that would help:
1) Rebuilding social capital between technology and finance
2) Educating new engineers and risk capitalists
3) Fixing the broken HR systems that are basically irrational barriers to entry for well-qualified people
4) Shifting the Street's focus from the (pathological) short-term to at least the medium-term
5) Thinking about strategy and economics, not just profits and margins
6) Corporate governance focused on value creation, risk and reward, not protection, efficiency, value extraction and legislation