Thursday, March 15, 2012

3/14/2012 America Is Letting China Steal Our Valuable Nuclear Innovations

Source: Washington's Blog
Date: 3/14/2012

The U.S. Is Letting China Steal Its Nuclear Innovations … 

Just Like Xerox Let Apple and Microsoft Steal Its Valuable Breakthroughs Microsoft and Apple grew rich by using Xerox’s innovation.

Xerox’s research arm (called Xerox Parc) invented the “graphical user interface” used by all modern computers.

Bill Gates famously admitted to Steve Jobs that both Microsoft and Apple had ripped of Xerox’s GUI. Xerox could have made a fortune on its innovation. But it didn’t realize what it had … and failed to capitalize on its breakthroughs (Xerox tried to sue to protect its invention … but years too late, and the lawsuit was thrown out because Xerox had missed the deadline for suing).

The same dynamic is playing out in the nuclear industry. Specifically, the U.S. created a safer, more efficient form of nuclear energy running on thorium. But – like Xerox Parc – America isn’t doing anything with its innovation, and China is running off with prize.
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