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Sunday, December 10, 2006

The World is Flat: The Quiet Crisis summary

In this chapter Friedman explains how America is not ready to compete, is not getting every individual to think about he or she can upgrade his or her educational skills, and is not investing in the secrets of America's "sauce." This chapter further explains what will happen if we don't change the fact that we aren't doing those things. The rest of the chapter is broken into sections titled "Dirty Little Secret..."
-#1: The Numbers Gap: the generation of scientists and engineers are reaching retirement years and are not being replaced in the numbers as they must be if America wants to remain ahead of the pack. Half of America's scientists are 40 years or older, and the average age is steadily rising.
-#2: The Education Gap at the Top: America is not educating or interesting enough of our own young people in math, science, and engineering.
-#3: The Ambition Gap: Not only is outsourcing cheaper and efficient, but the quality and productivity boost is huge. When jobs are sent abroad, companies not only save 75% on wages but also get 100% increase in productivity.
-#4: The Education Gap at the Bottom: the public school system. Delegated education power to local school boards organized by wealth.
-#5: The Funding Gap: special research and projects need more funding
-#6: The Infrastructure Gap: the smartest countries and cities in the world are offering their residents the fasted broadband at the lowest prices to the widest areas. The flat-world platform makes innovation and production more efficient but Americans can't take advantage of it because we don't have the infrastructure or the education to do so.

Friedman adds that our fate can be different, but only if we start doing things differently.

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