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Abstract

he country become influential in the sector.The blossoming sector is helped by the “golden triangle”. A group of universities that conduct world-beating research not far from each other.Some of the British medical companies helped create a covid-19 vaccine. AstraZeneca with the help of Oxford University is the most famous example.Links between the <a href="https://www.economist.com/britain/2021/02/27/how-british-science-came-to-the-rescue">private sector and the government</a> has been <a href="https://www.economist.com/britain/2021/05/08/breathing-life-into-britains-life-sciences-industry">deepening</a> because of covid-19. One of the people responsible for procuring vaccines was a venture capitalist.Biotechnology is having its moment because of the pandemic. And will only become more important as time goes on. Due to the amount of progress going on in the field and people making practical applications based on the technology. Think of CRISPR and RNA vaccines.<h1 id="0b94">Japanese Automation and The Need To Digitise</h1>This is an area that most countries are working on. But for japan automation is something more important compared to other countries because of the declining birth rate. For the country to continue functioning. Investments in robotics and automation are needed.But Japan still has many issues regarding technology if it wants to utilise automation to its full potential. Back offices use very little digitisation. You will expect this more at a government agency, but not for corporations. For example, faxing is still highly popular in Japan.Because of covid-19 change is now afoot. Many companies are transferring their information onto computers. And the government has appointed a head of digitisation. Which should help the process of digitation across the government. This will bore and hard work. This type of work does not fetch headlines unless it goes badly wrong. But necessary nonetheless.If japan can deal with those bottlenecks then the sky is the limit.Another example of Japanese investment in technology is 5G. Right now Huawei leads to the forefront. But because of the ban of Huawei 5G networks led by the USA. People started looking for alternatives. Other choices included Nokia and Ericsson. But frankly not as good as Huawei. So it was a duopoly that no one was happy about.<a href="https://www.economist.com/leaders/2020/11/05/is-there-an-alternative-to-huawei">Open-RAN</a> is an open standard that uses network virtualisation. Meaning this allows mobile carriers to create networks using off-the-shelf hardware. While most of the heavy lifting is done with software. This allows countries to build 5G networks without worrying that the network is compromised by Huawei.Rakuten Mobile launched the first Open-RAN network. Which helped the Japanese carrier cut investment by 40%. This can be used as a template for the rest of the world.<h1 id="0d26">Non-deep tech progress</h1>Back to China. There are many areas that China is investing in and making great progress. China has a very dynamic tech sector. Where some of the

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big tech companies are not safe. One writer called the scene of a battle royal. Within this app ecosystem. They have super apps. Which means numerous apps are wrapped into one app. WeChat is the most famous example of this. This allows the integration of many products not seen in many places. Meituan a food delivery app in china. Allows you to book flight tickets and rent bikes all on the same app.Also an innovative fintech scene which allows for cashless payments using smartphones. With algorithms recommending new products and various financial services, thanks to Alipay.A vibrant e-commerce scene that blends social media and e-commerce. Which allows users to buy products in the middle of videos and livestreams. Social commerce allowing you and your friends to buy products together. While sharing content of various products. The integration of consumer data into the manufacturing process. Cutting edge AI which helps create the best recommendation systems in the world. So the app always knows what to give users next.While these examples are not deep tech. Still illustrates the point that the country is making a lot of progress.<h1 id="3a2f">America will still be dominant</h1>Like I mentioned at the beginning of the article. The USA will still be dominant but the monopoly may go away. In many of the areas I mentioned above. America is a close 2nd. So it can take back the mantle, or in places like biotech. They may be joint 1st with other countries or 1st place with countries not too far away. Many British biotech companies list themselves on the American stock exchange. Also, work with American companies to produce their products.In other areas, America is still first and has considerable advantages. Even if other countries are rising. America is still dominant in space. With the international space station. Private space companies like SpaceX and Blue Origin. Pushing the envelope on what is possible.America still has the dominant FANNG companies. Which are still increasingly innovating. Also, unlike the Chinese tech companies, they are dominant outside their home countries. ByteDance is the only Chinese company to break the mould. Facebook and Twitter are the main social media network for numerous countries. In many developing countries Facebook is the internet due to the Facebook Basics program.America has a dynamic VC scene. Only recently china has surpassed it in the amount of money invested in companies. But America is still able to pick winners that go international. And major immigration into the country means the best and brightest around the world create companies and become major academics in America.America is pretty dominant in AI because of FANGM companies. While China is a dominant player in the field as well. Because of great research universities and the number of resources poured into AI, thanks to the big tech companies, I will still give America the edge.-If you found this article interesting, <a href="https://www.tobiolabode.com/subscribe">then check out my mailing list.</a> Where I write more stuff like this.</article></body>

Technology Innovation Is Becoming More Global

For the longest time technology innovation was mainly dominated by America. With Japan and western Europe not far behind. Now there are more players in the world of technology innovation and they will have a say in the next generation of technology.

I got this idea from 14 tech trends to watch in 2021 by restofworld.org. The authors mention that one of the trends into 2021 is deep tech progressing outside of the USA. This is something I also believe due to reading about the progress that many countries are having.

China the rising star

The main rival to the USA for tech supremacy is China. This is something that you already know. But this trend is only going to continue more and more. While the Chinese government has abandoned plans of the “Made in China 2025”. A couple of the projects and programs have been carried over into other areas.

In some areas, China is pouring tons of money and resources as a matter of necessity. After the USA cut off Huawei from buying chips. The Chinese government has been scrambling to make homemade semiconductors so America does not cut them off even more. The blockage on Huawei was very effective as the phone business is a shell of its former self. Huawei can’t make many devices as it’s locked out of the semiconductor industry.

So as a matter of survival the government has asked local tech companies to work on making semiconductors. So America does not complete the final blow on the tech industry in China. But the Chinese companies are still behind the Taiwanese company TSMC. Which holds the monopoly in making cutting edge semiconductors. In an industry where the technical know-how to make innovative semiconductors at scale is rare.

Space travel is something the Chinese government is investing in and making progress. Recently a probe landed on the far side of the moon. Landed a rover on Mars. Numerous earth satellites. An encrypted satellite using quantum computing. A unique satellite navigation system outside of the traditional American GPS system.

Biotechnology in Britain

Other countries are simply leaning on their strengths. Great Britain has a famous life sciences scene. And has come to its own during covid-19. Now the government wants to give it an extra boost. With the help of private industry, they want to help the country become influential in the sector.

The blossoming sector is helped by the “golden triangle”. A group of universities that conduct world-beating research not far from each other.

Some of the British medical companies helped create a covid-19 vaccine. AstraZeneca with the help of Oxford University is the most famous example.

Links between the private sector and the government has been deepening because of covid-19. One of the people responsible for procuring vaccines was a venture capitalist.

Biotechnology is having its moment because of the pandemic. And will only become more important as time goes on. Due to the amount of progress going on in the field and people making practical applications based on the technology. Think of CRISPR and RNA vaccines.

Japanese Automation and The Need To Digitise

This is an area that most countries are working on. But for japan automation is something more important compared to other countries because of the declining birth rate. For the country to continue functioning. Investments in robotics and automation are needed.

But Japan still has many issues regarding technology if it wants to utilise automation to its full potential. Back offices use very little digitisation. You will expect this more at a government agency, but not for corporations. For example, faxing is still highly popular in Japan.

Because of covid-19 change is now afoot. Many companies are transferring their information onto computers. And the government has appointed a head of digitisation. Which should help the process of digitation across the government. This will bore and hard work. This type of work does not fetch headlines unless it goes badly wrong. But necessary nonetheless.

If japan can deal with those bottlenecks then the sky is the limit.

Another example of Japanese investment in technology is 5G. Right now Huawei leads to the forefront. But because of the ban of Huawei 5G networks led by the USA. People started looking for alternatives. Other choices included Nokia and Ericsson. But frankly not as good as Huawei. So it was a duopoly that no one was happy about.

Open-RAN is an open standard that uses network virtualisation. Meaning this allows mobile carriers to create networks using off-the-shelf hardware. While most of the heavy lifting is done with software. This allows countries to build 5G networks without worrying that the network is compromised by Huawei.

Rakuten Mobile launched the first Open-RAN network. Which helped the Japanese carrier cut investment by 40%. This can be used as a template for the rest of the world.

Non-deep tech progress

Back to China. There are many areas that China is investing in and making great progress. China has a very dynamic tech sector. Where some of the big tech companies are not safe. One writer called the scene of a battle royal. Within this app ecosystem. They have super apps. Which means numerous apps are wrapped into one app. WeChat is the most famous example of this. This allows the integration of many products not seen in many places. Meituan a food delivery app in china. Allows you to book flight tickets and rent bikes all on the same app.

Also an innovative fintech scene which allows for cashless payments using smartphones. With algorithms recommending new products and various financial services, thanks to Alipay.

A vibrant e-commerce scene that blends social media and e-commerce. Which allows users to buy products in the middle of videos and livestreams. Social commerce allowing you and your friends to buy products together. While sharing content of various products. The integration of consumer data into the manufacturing process. Cutting edge AI which helps create the best recommendation systems in the world. So the app always knows what to give users next.

While these examples are not deep tech. Still illustrates the point that the country is making a lot of progress.

America will still be dominant

Like I mentioned at the beginning of the article. The USA will still be dominant but the monopoly may go away. In many of the areas I mentioned above. America is a close 2nd. So it can take back the mantle, or in places like biotech. They may be joint 1st with other countries or 1st place with countries not too far away. Many British biotech companies list themselves on the American stock exchange. Also, work with American companies to produce their products.

In other areas, America is still first and has considerable advantages. Even if other countries are rising. America is still dominant in space. With the international space station. Private space companies like SpaceX and Blue Origin. Pushing the envelope on what is possible.

America still has the dominant FANNG companies. Which are still increasingly innovating. Also, unlike the Chinese tech companies, they are dominant outside their home countries. ByteDance is the only Chinese company to break the mould. Facebook and Twitter are the main social media network for numerous countries. In many developing countries Facebook is the internet due to the Facebook Basics program.

America has a dynamic VC scene. Only recently china has surpassed it in the amount of money invested in companies. But America is still able to pick winners that go international. And major immigration into the country means the best and brightest around the world create companies and become major academics in America.

America is pretty dominant in AI because of FANGM companies. While China is a dominant player in the field as well. Because of great research universities and the number of resources poured into AI, thanks to the big tech companies, I will still give America the edge.

If you found this article interesting, then check out my mailing list. Where I write more stuff like this.