[cwxm]

I like how hardware based this list is. I definitely don't think we have hit the limits (or anywhere closed) of software productivity improvements, but given that software rests on top of hardware, it would be very exciting to see how these hardware productivity improvements would translate to software productivity improvements as a first derivative effect.

As an aside, what does the U.S. need to do to make sure this list happens in the U.S. as much as possible and not in places like China with less regulatory capture and more state backing?

[MarkMc]

That's a good point - for example, the smartphone was a hardware improvement which led to a Cambrian explosion of software products.

Regarding the question about making sure it happens in the U.S.: A big factor would be increasing skilled immigration. eg. Currently there are Chinese students getting STEM PhDs at Ivy-league universities who will be forced to return to China after graduation - that is madness.

[cwxm]

Definitely, I personally know really smart Mainland Chinese graduates who ended up falling in love with the U.S. and its values, but had to move back to China due to U.S. immigration policy.

[mchusma]

I feel like that is the lowest of low hanging fruit in immigration policy, to let people who we subsidize their schooling stay in the US. (Most schools have a variety of government subsidies).

[andrewjl]

One straightforward approach would be to make it possible to actually make things in the U.S. again.

Reducing regulation, encouraging tax subsidies for small manufacturers, welcoming immigrant entrepreneurs with open arms i.e. startup visa with lightweight requirements, and developing a national industrial policy that changes the incentives around offshoring vs onshoring. (While avoiding picking winners and losers to the greatest extent possible.)

A lot more could be done around tax policy.