US-China Tech Rivalry | How China will Surpass USA in Key 21st Century Technologies by 2030
Timestamps:
00:45 How China is Leading in Modern Technologies against USA
02:45 US-China Rivalry in Artificial Intelligence
05:17 US-China Rivalry in 5G
07:58 US-China Rivalry in Quantum Information Science
12:07 US-China Rivalry in Semiconductors
14:24 US-China Rivalry in Bio Technology
16:31 US-China Rivalry in Green Energy In 1999, the U.S.National Academies of Science, Engineering, and Medicine reported that USA would remain the single largest inventor of future knowledge as it remained in the 20th century in applying the yesterday’s science fiction technologies like powerful mini computers, smart machines, animal cloning, internet,and talking electronic road maps. Reviewing that report today, the elephant in the room it missed was China. As per the wisdom of late 20th Century, China hardly mattered. By 2010, this situation was beginning to change. China had grown into a low-cost manufacturing hub for multibillion dollar global giants. Today, China’s rapid rise to challenge U.S. dominance of technology has captured America’s attention. As per former Director of CIA, this tech rivalry is the main arena for competition between USA and China. In 2020, China produced more than 250 million computers, 25 million automobiles, and 1.5 billion smart phones, thus displacing America as world’s top high-tech manufacturer. Apart from becoming world’s leading low cost producer, China has challenged USA in the most advanced technologies of 21st century including quantum information science, semiconductors, artificial intelligence, 5 & 6G, green energy, and biotechnology. In some area, China has already achieved number one status. In others, on current trajectories, it will overtake United States of America by end of this decade. Artificial Intelligence being one of the most advanced technologies of this century will have the greatest impact on economics and security in the decades to come. The former CEO of Google Eric Schmidt said that China is now a full-spectrum peer competitor of USA in AI. Indeed, China has already overtaken the U.S. to become the world’s undisputed Number One in many fields of Artificial Intelligence. In speech technology, Chinese firms are beating American firms in every language, even in English. China’s iFlytek has become the world’s top voice recognition platform with 700 million users, almost twice the number of people who speak to Apple’s Siri. Similar trends are being observed in 5G spectrum. With increase of a hundredfold in speed, fiftyfold in reliability, and tenfold in device connections, 5G promises to enable next generation applications no one can even imagine today. By 2035, 5G will create a global economy of the size of India, the major share of which will be occupied by China. Today, China is the single largest 5G market in the world having 87% of the world’s total 5G connections. All three important subfields within quantum information science including quantum computing, quantum communication, and quantum sensing were historically led by United States of America. But now, China is quickly catching up. Rather, in some cases, China has already overtaken America. Semiconductor is a core element for modern technologies including AI, automobiles, computers, weapons, high tech machines, and many more. That is why these are an essential general-purpose driver in the U.S. China tech rivalry. The United States of America retains its semiconductor dominance that it has had from the last 50 years, but this position has been gradually eroded by domestic underinvestment and rising overseas competition. Although the U.S. still leads in chip design and manufacturing inputs, its share of semiconductor fabrication has reduced from 37% in 1990 to 12% today. Biotechnology is a emerging technology derived from discoveries in the life sciences, encompassing diverse categories like biochemistry, genomics, molecular biology, and more. Looking towards this field, the U.S. is the undisputed leader in biotech, but China is competing fiercely across the full biotech R&D spectrum, and in some instances even winning the race. The U.S. had been the primary inventor of new green energy technologies over the past two decades. Today, China has taken the lead in manufacturing and deploying those technologies, allowing it to dominate multiple links of the green energy supply chain. China has already achieved the ‘Made in China 2025’ goal of a dominant role in this century’s new industries. -Copyright Disclaimer: Under Section 107 of the Copyright Act 1976. The footage/video, audio, image etc in this content is used under term of the fair use, permitted by Copyright statute, for the purpose of education, news reporting, explanation, commenting and analysis. - All contents on Miltech Insights are presented for educational, analytical, critic and new reporting purposes of the masses.