Leadership Insights

A robust space-based future lies ahead for the IT industry. It's still too expensive to launch data centers, but costs are dropping

For the first time in decades, having a manufacturing edge is not dependent on an abundant human labor supply like China has lately enjoyed. With AI and automation, America has a once in a generation window of opportunity to rebuild its manufacturing base, even amid labor shortages due to sustained low unemployment.

Between now and July 6, companies will have a narrow time limit to retroactively recover research and development tax deductions from up to the previous three years. But once that window closes, those opportunities will vanish.

Elon Musk wants to go to the moon. Jeff Bezos wants to go to the moon. China wants to go to the moon.

In 2022, the President and Treasury Secretary asked me to lead the IRS through “the largest technology-enabled transformation of the agency” in its history.

The CEO of a $200-million automotive supplier celebrated landing a major contract that required domestic production. Six weeks later, he was in a state of panic.

As companies continue to invest billions in AI, employees and shareholders are more frequently demanding to see tangible results. Yet, at the end of 2025, only 15% of executives reported that AI integrations increased profits.

Earlier this year, a Peter Diamandis report found about 100 companies working on humanoid robots globally. A few short months later, there are 150 just in China.

Corporate America is embracing executive alignment the way it once lionized efficiency and ruthlessness. Stepping up to the plate is the newly minted C-suite superstar, the chief revenue officer.

The One Big Beautiful Bill (OBBB) Act recently passed by the US Congress accelerated the phasing out of many federal incentives like Investment Tax Credit and Production Tax Credit for renewable energy like wind and solar.