The New York Edge: How American Technology and Innovation Drive Economic Growth

As the world's top high-tech manufacturer, the United States has become a serious competitor in the foundational technologies of the 21st century, including artificial intelligence (AI), 5G, quantum information science (QIS), semiconductors, biotechnology, and green energy. According to Harvard Kennedy School's Belfer Center for Science and International Affairs, China has displaced the U.S. as the global leader in technological advancements.

The Council on Foreign Relations (CFR) has found that foreign nations are spending more on developing new technologies, and by 2030, they will likely be the world's largest spender on research and development. If the private technology sector were to weaken, it could have serious implications for national security. American technology companies play a key role in protecting our country's interests, and it is essential that we continue to support and invest in this sector.

Small businesses are also thriving in the digital economy, with 89 percent of small business owners citing access to digital tools and online platforms as a major factor in launching their business. A Deloitte study found that 90 percent of small businesses report that digital tools have helped foster innovation in their business. The Chamber of Commerce reports that 84 percent of small businesses are using at least one major digital platform to provide information to customers, and 74 percent are using these platforms for sales.

The American Edge Project is a coalition dedicated to promoting the positive impact of technology and innovation on America's economy and businesses, particularly small ones. The group aims to tell the story about how technology and innovation have improved lives, driven economic growth, and enhanced freedom of expression and national security.

In conclusion, the New York Edge is a symbol of American technological excellence, and it is essential that we continue to support and invest in this sector to ensure our country's economic health, national security, and individual freedoms. The digital economy has accounted for 7.8 million jobs and $3.31 trillion in gross domestic product in 2020, making it a vital part of the U.S. economy.

With an average annual growth rate of 2.5 percent between 2012 and 2020, the digital economy's growth rate is significantly higher than the overall economy's 1.5 percent growth rate over the same period. The coalition will continue to promote the importance of technology and innovation in driving economic growth and improving lives, while also highlighting its positive impact on national security and individual freedoms.

By supporting American innovators and the digital economy, we can ensure that our country remains a leader in technological advancements, drives economic growth, and enhances freedom of expression and national security.

New york edge