In conjunction with 1776, the U.S. Chamber of Commerce and its Foundation attended a series of roundatables in eight cities to examine the startup economy and civic entrepreneurship.
The political fights of the last decade have distracted us from what should be, in my view, the central issue of our policy debates—reviving economic growth. First quarter 2015 growth of just 0.2% comes on the heels of a lackluster 2014, when the economy grew just 2.4%.
The tech industry’s “fail fast, fail often” mantra has proven successful in pumping out world-changing innovations in record time. The faster one figures out what doesn’t work, the faster one can get to something that does. Failure is a good thing that is a natural consequence of the innovation process.
Peter Thiel, the legendary co-founder of PayPal, says that the greatest threat to technological growth in America is a culture that embraces conformity. “I worry that the conformity problem is worse today than it was in the ‘50s,” said Thiel at an event hosted by the Mercatus Center.
Edward Luce writes in the Financial Times that “American’s politics is remarkable for its resistance to new ideas.” Luce contrasts this way of thinking to the sort that percolates in the
Detroit is not dead. Just spend a little time in the area around Greektown and Comerica Park, and you’ll sense that things are coming around. And that’s manifesting itself in an eager community of startups that is not afraid to think outside the box.
AUSTIN, TX — Astro Teller, Google[x]’s director of moonshots, gave a remarkable insight at Austin’s SxSW into the search engine’s secretive lab. His team tackles big challenges with potentially even bigger payoffs well down the road.