Hailey Capitan, from Crownpoint and a student at Santa Fe Indian School, looks at a rocket by the Atomic Aggies on display screen at the Roundhouse on Aerospace Day. Aerospace is one of nine crucial industries recognized in the 2021 State Strategic Plan. (Eddie Moore/Journal )
The New Mexico Economic Development Department and Stanford Research Institute established a State Strategic Plan (SSP) for N.M. in 2021. This plan required N.M. to diversify its economy into 9 market sectors.
Except for film and tv, N.M.'s public has actually not heard if and how this plan is being carried out. It was not pointed out in our governor's 2023 State of the State address or her opening speech to the 2023 Legislature.
That prompts the question: Does our state have the management essential to perform the SSP in today's globally competitive environment where financial growth is driven by development at the crossway of several disciplines? Must we be resigned to incremental, piecemeal legislation and 20th century, single-discipline scholastic programs?
There are 3 extremely intertwined disturbances that will form future financial growth. These will enormously affect the STEMM-based market sectors identified in the N.M. SSP: aerospace, biosciences, cybersecurity, sustainable and value-added agriculture, smart production and sustainable and green energy.
The first disturbance is the shift to renewable energy. This disruption will transform geopolitics and open financial doors for N.M.-- offered we take our lethargy medications, move quick and bring in renewable resource devices producers and companies looking for to become carbon neutral. For beginners:
- Persuade the federal government to make all N.M. defense sites energy-secure, energy-independent and carbon neutral, consisting of structures and employee transport, by 2030. Usage locating spent fuel rod storage in N.M. as a negotiable property. In return, N.M. will make all state facilities carbon neutral by 2030.
⋄ Persuade the federal government to make all other federal facilities and the city of Los Alamos carbon neutral, consisting of building heating and transportation, by 2032. In return, N.M. will make the city of Santa Fe carbon neutral by 2035.
- Form public/private endeavors to develop, operate and enhance a N.M.-owned, clever electric grid that makes it possible for N.M. to have numerous renewable electrical energy and export it for revenue.
- Use a combination of N.M. state land and N.M. financial investments to produce eco-friendly energy generation, transmission and storage in N.M
. It will result in increased financing for N.M. defense laboratories and cause defense specialists to develop satellite workplaces in N.M. that will remain here as long as the federal funding lasts.
The third disturbance is the application of artificial intelligence to everything. N.M.'s education organizations must prepare trainees for AI's disruption of every market sector in the SSP as well as N.M.'s omnipresent defense sector. National defense, mainly nuclear weapons, is over 20% of N.M.'s gross domestic product.
States that bring in companies to relocate and create competitive startups will have talented, AI-savvy workforces. That labor force is necessary to contend in the STEMM-based sectors in addition to the film and tv sector which will be transformed by AI. One might likewise determine other actions N.M. ought to pursue, especially in the biosciences where UNM stands out.
However the elephant in the room is where does New Mexico find the management essential to profit from federal commercial policy programs, capitalize and carry out the ssp on these disturbances?
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