Velcroman1 writes "Generally, at the end of the year, predictions stream forth as to how this or that new technology will transform the world in the next 12 months. Just before Christmas, IBM announced computerized mind reading was just around the corner — sometime after 2017, that is. But on the whole, experts and analysts don't see a whole lot of innovation coming out of the U.S. anytime soon. Instead, they see sluggishness. 'We'll have to wait for consumer spending to go up before the 'flying surfboard' arrives,' said Chris Stephenson, co-founder of Seattle consulting firm ARRYVE. 'Bigger innovation labs and companies are holding back on numerous innovations until they can properly monetize them.'"