Comment It's worse than that (Score 4, Interesting) 621
I'm a medical device consultant. My American clients want me to help them commercialize technology they have licensed. Most of it is from Europe and Australia.
My clients in China and India want to beat the EU and USA companies with better tech done cheaper. And they aren't counting on labor costs to get the cost reduction, they are counting on superior smarts.
And now I've got a company based in South Africa that wants to take a technology from Egypt and one from Cuba and develop a new surgical treatment that combines the two. Manufacturing will be in Vietnam. And I'm the only American on the team.
You don't need to read theoretical articles. Next time you download a printer driver, check out where the programming was done. American domination of the globe is a temporary abberation, soon to be remedied in the traditional manner.