Innovation Business Roundtable Releases Recommendations to Bolster American Leadership in Key Technologies

May 6, 2019

Washington – Following the January release of “Innovation Nation: An American Innovation Agenda for 2020,” Business Roundtable today released six policy proposals on cybersecurity, automated vehicles (AVs), artificial intelligence (AI), 5G, space and quantum computing. The six proposals expand on the Business Roundtable Innovation Agenda, offering issue-specific policy recommendations to strengthen U.S. leadership in key technology areas.

In releasing the six proposals, Business Roundtable issued the following statements from CEOs leading on these key technologies. The full Innovation Agenda, technology-specific proposals and additional resources are available here.

Cybersecurity 

Strong cybersecurity is vital to protect U.S. national and economic security and promote U.S. innovation,” said JPMorgan Chase CEO Jamie Dimon, Chairman of Business Roundtable. “Securing a prosperous future in the United States depends on business and government working together to protect networks, safeguard data and matching the sophistication and relentlessness of our adversaries.”

Read a Q&A with Jamie Dimon on cybersecurity here.

Automated Vehicles 

Delivering safe, autonomous technology at scale is the greatest engineering challenge of our lifetime,” said Mary T. Barra, Chairman and Chief Executive Officer of General Motors Company. “Solving this will unlock profound societal benefits and a multi-trillion-dollar market potential – and I wouldn’t trade our position with anyone.”

Read a Q&A with Mary Barra on AVs here.

Artificial Intelligence

The United States needs a coordinated national effort on AI that combines greater funding from the federal government, involvement from the business community and collaboration with leading research universities,” said Stephen A. Schwarzman, Chairman, Chief Executive Officer and Co-Founder of Blackstone. “If we are to shape how these emerging technologies impact our country and people, we must be leaders in their development and ethical introduction.”

Read a Q&A with Steve Schwarzman on AI here.

5G

5G is going to be the most transformative of all the generations of wireless technologies,said AT&T Chairman and CEO Randall Stephenson, Chair of the Business Roundtable Technology Committee.We’re going to see a scale of flexibility and connectivity that will drive widespread productivity gains, cost savings and new investment opportunities across the global economy.

Read a Q&A with Randall Stephenson on 5G here.

Space

The U.S. space industry is a strategic asset, critical to both economic and national security,said Kathy Warden, Chief Executive Officer and President of Northrop Grumman.U.S. space policy and investments should focus on sustaining U.S. leadership across the national security, civil and commercial space sectors.” 

Read a Q&A with Kathy Warden on space here.

Quantum Computing 

Quantum computing will allow us to answer questions and tackle challenges that are beyond the reach of today's classical computers,” said IBM CEO Ginni Rometty, Chair of the Business Roundtable Education and Workforce Committee. “Investing now in systems and research and building a quantum-ready workforce will help ensure the United States leads on this pivotal technology and enjoys its economic benefits for years to come.”

Read a Q&A with Ginni Rometty on quantum computing here.