Government can now take idea and innovations from the worlds non-white population and redistribute them to white American males. According to Bloomberg:
technology, finance and manufacturing companies are working closely with U.S. national security agencies, providing sensitive information and in return receiving benefitsIn 2013 the US went from a first to invent to a first to file patent system. Whoever files the documents first gets rights to an idea. With the abilities that the NSA has gained the government can now see ideas as they form. In doing so the US Government has acquired the power to take ideas from those that they deem less worthy and give it to those that they consider more deserving. Intelligence and skill now matter less than being the right sort of person, at the right sort of company, and have the blessings of the intelligence community.
This is a creeping sickness on international capitalism. How can anybody rationally allocate capital when what matters most is the government secretly providing a leg up to undisclosed companies? Now that the extent of NSA surveillance has been made public the well of ideas may run dry. Who is going to go invent the next microcomputer in their basement if they know their ideas will be stolen by the government?
A crisis is highly likely. Much of American industry has come to center around Intellectual Property. If America has the ability to steal ideas from foreign people (and quite possibly domestic ones) why should any foreign government honor American IP? This cannot end well.