U.S. Is Losing Edge

When Andy Grove says people listen (cause he is the most paranoid of all !!)

Some comments -

-India's booming software industry could surpass the United States in software and tech-service jobs by 2010
-torn between his responsibility to shareholders to cut costs and improve profits, and to U.S. workers who helped build the nation's technology industry but who are now being replaced by cheaper labor
-move offshore has been aided by the telecommunications bubble of the late 1990s
-He put the blame on slow patent process on slowing down the overall innovation train

Found more details on SV site.

He is recommending more emphasis on investing in pre-competitive technology.

I believe this is going to be a key battle ground in coming years. Once this cost rationalization dust settles battle lines will be drawn in terms of number of Phds, patents, research papers, incubation projects and cross discipline skillsets.