One of the reasons for the proliferation of technological innovation within the United States over the last several decades is due to its “lighter touch” on regulation when compared to global counterparts. Even when comparing the tech industry to other industries within the United States, the technology sector is the least regulated industry with just 27,000 federal laws verses 128,000 for the financial sector and 215,000 for manufacturing.
Last week, I had the good fortune of hearing two thought-leaders speak at separate events. One gentleman I listened to is a Corporate Vice President (CVP) at Microsoft and is leading the technology giant into its next phase of growth and development. The other gentleman was John James, a very impressive 37-year old running for US Senate in the state of Michigan.
The main buzzwords in today’s tech space are IoT (Internet of Things), Big Data, Cyber Security, Cloud Computing, Blockchain, and AI (Artificial Intelligence). While some of these terms might be unfamiliar to our readers, the various applications of these business opportunities in today’s connected world are nearly limitless. This has led to an influx of investment and interest in all of the aforementioned spaces – by individuals, Venture Capitalists (VCs), corporations, and governments alike.
In August 2017, we gave our readers a unique opportunity to hear about the future of retail from Nordstrom’s Co-President, Erik Nordstrom. This week, we are bringing another exciting opportunity to hear from Rick Davidson on the future of the residential real estate market. Rick is a 30-year real estate industry veteran who retired from his position as President and CEO of Century 21 Real Estate in April 2017.
Most coverage of the mounting US-China strategic tensions has focused on tariff threats. Equally significant are moves by the US to choke off Chinese investments in the US technology sector. These moves are part of a strategy to ensure that China can’t catch up to the US in critical technology fields by buying, or buying into, cutting-edge American firms.