Science and the Global Economy

Patrick Gallagher

Was director of NIST, Pitt Chancellor, Pitt Alum.

A grafting from The Newton Apple Tree is on Pitts campus.

Chips / Inflation reduction act and Infrastrucure act (biggest Biden legistation) Lots of new features

• new little new science money

Co-chair of a report on research and security

NSC-86 (1950)

• Defining document of the cold war

National security now platform dependent

• chips
• OS
• network systems
• encryption

Total share of R&D is dominated by the big companies in the business sector

Global world order has changed:

• The US has lost dominant position in R&D and tech
• The US is now risk averse

Politically, everybody scared about China… no consensus on what to do

The unique role of the University is training students … NOT research.

JA now…:

• Seems to me that the answer is getting the immigration right. Immigration was a big part of the US science leadership.