business news in context, analysis with attitude

Considering how much we talk here about technology and innovation, I found a piece in Axios that struck me as provocative, about how “the U.S. is now in a winner-take-all race with China for dominance in 5G, artificial intelligence and quantum computing.”

And, the race “is even broader than that … U.S tech dominance was much broader than just information technology. But the U.S. has lost dominance of manufacturing technology, and did so decades ago, ceding it first to Germany, then to Japan, then to China.

“In other areas like agriculture and weaponry, the U.S. is still strong. But a large part of ‘One Belt, One Road’ is a Chinese attempt to corner mega-scale infrastructure technology, where the U.S. is pretty far behind these days.”

You can read the piece here.
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