integrated circuit

glowend writes "James Temple writes in the San Francisco Chronicle: 'In the fall of 2011, Max Levchin took the stage at a TechCrunch conference to lament the sad state of U.S. innovation. "Technology innovation in this country is somewhere between dire straits and dead," said the PayPal co-founder, later adding: "The solution is actually very simple: You have to aim almost ridiculously high." But for all the funding announcements, product launches, media attention and wealth creation, most of Silicon Valley doesn't concern itself with aiming "almost ridiculously high." It concerns itself primarily with getting people to click on ads or buy slightly better gadgets than the ones they got last year.' I feel like this may be true as more money and MBA types invade the Silicon Valley. There's a lot of 'me-too' startups with some of the best and brightest figuring out ways to sell me stuff rather the working on flying cars."

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