Clinton Talks Technology

The Democratic Presidential candidate Hilary Clinton unveiled her technology manifesto, which includes a plan to upskill America for the 21st century and invest in female entrepreneurs. Her manifesto also includes a plan to invest in computer science and STEM education.

A Five Point Plan:

  • Investing in computer science and STEM education to boost the human capital pipeline
  • Rolling out broadband for all Americans and laying the groundwork for the next generation of the mobile internet and the internet of things
  • Ensuring the US maintains its role as a leading country for technology by ensuring more tech exports and the free flow of data
  • Supporting innovation by creating rules that foster healthy competition and intellectual property and safeguard privacy. This suggests Clinton has plans to take on the blight of the patent trolls that are stifling America's innovation economy
  • Looking at e-government initiatives to make government smarter and more efficient

Clinton has pointed out that only one in five Americans has ever taken a computer science course, at a time when there we ore than 500,000 well paying tech jobs unfilled last year. By 2020 there will be 1.4 million computer science jobs in America but only 400,000 computer science jobs to fill them.

If elected President, Clinton plans to provide every student in the United States with the opportunity to learn computer science by creating new computer science grants called CS-i3. She also plans to engage the private and non-profit sectors to train up to 50,000 computer science teachers in the next decade.

The overall subject of STEM education will be tackled, with under-represented populations given priority. According to Clinton, less than 40 percent of high school graduates have taken a physics course and the lack of STEM education is even more pronounced in schools with students of color.

To build the human talent pipeline for 21st century jobs, Clinton proposes to provide continued access to higher education and training opportunities for people at all stages of their career. Her plan also proposes $10b of federal funding to enable students to participate in new kinds of education programs, from nanodegrees to accelerated learning programs around coding and technical training.

A core aspect of Clinton's tech agnda involves diversiofying the tech workforce with a special emphasis on the advancement of minorities and women in research, tech and engineering.

She said that diversifying the tech workforce can generate an additional $500b in new value for the tech industry and boost America's GDP by up to 1.6%.

Clinton has pointed out the percentage of bank loans that have hone out to small businesses has declined by a third since 2000 and that 70% of venture capital is clustered mostly around three states. In addition, she notes that only 7% of VC goes to firms with women founders and a mere 1% is directed to African American women founders.