That may be true but it does not address the kinds of large-scale, national policy issues Schmidt is talking about. We have lost our way in technology strategy. Instead of welcoming foreign students we chase them away. Instead of integrating tech markets globally to extend our soft power, we practice knee jerk techno-nationalism. It is not even done competently. The "advisors" pushing these policies are known for being cranks. The utter mess that is the TikTok forced sale highlights that we do not have policy as much as we have bad improvisation around spastic uninformed actions.

We have always had seemingly invulnerable dominant tech companies. Remember Intel? Their dominance was seen as holding down chip innovation, but it was also an instrument of American soft power. The latter is what Schmidt is talking about.