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G.M.'s venture fund may keep it plugged into the auto tech race, but it will struggle to avoid generating losses along the way.
This is the Academpark, a fluorescent pyramid of innovation at the heart of Russia's "Silicon Forest", President Putin's unlikely weapon in the global tech race.
"I think what we're seeing is a move from made in China, to invented in China, to bought in China," said Rebecca Fannin, the author of Silicon Dragon: How China is Winning the Tech Race.
You argue that China is "winning the tech race".
For decades batteries have been the tortoise in the tech race.
But right now, the early leader in the wearable tech race is looking a little out of breath.
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This year the tech races have been going well, and now I am second in the giant slalom standings.
And as cutting-edge tech races off conveyor belts, professionals expected to have expert knowledge about these products are apparently falling behind the times.
By giving China more time to develop its capacity while neglecting our own, America is not just losing the clean-tech race, it's forfeiting it.
It is falling behind America and Japan in the high-tech race, yet France, West Germany and Britain are blocking a move to raise spending on joint research-and-development projects.
America is at a "Sputnik moment," Energy Secretary Stephen Chu said today, and the government's next moves will determine whether the country leads the global clean-tech race or loses it to China.
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