The gains from technology must be channeled to a broader base of the population than has benefited so far. That requires a major educational component. In order to create broad-based prosperity, workers need the skills to participate in the brave new world implied by a digital economy.
As I stepped off the NYC subway on my way to interview Ray Kurzweil, a woman bumped into me and my iPhone fell, bounced, and then dropped down into the tracks. People looked on in horror as if a puppy had just died.
I am dumbfounded that we are considering cutting federal investments in science and technology that will reduce debt over the long run and ensure that there are well-paying jobs for future generations.