Abstract
The last 12 months have witnessed frenzied activity in condensed matter physics, unmatched by any other since the invention of the laser. In this article, we summarize the status, promise, and problems in the field of high-temperature superconductivity. We also comment on the mechanisms and policies needed for the United States to economically benefit from the recent discoveries in the face of what can be best described as an international race to win the battle.
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