The World Economic Forum today releases its annual list of top ten emerging technologies that have the most potential to deliver transformational changes to societies and economies in the next three to five years.
The list was compiled by members of the World Economic Forum’s Expert Network in collaboration with Scientific American. Its purpose is to draw attention to the fact that many technologies that once would have belonged firmly in the realm of science fiction are now on the cusp of entering everyday usage.
This year’s top ten emerging technologies are:
Augmented Reality Everywhere: Will transform the work of surgeons, architects and factory workers, not to mention making visits to the museum more compelling than ever
Advanced Diagnostics for Personalized Medicine: Genome sequencing and machine learning have revolutionized our understanding of cancer, brain disorders and other diseases
AI for Molecular Design: Researching new materials, whether for drugs, energy generation or crop improvement purposes, has never been faster, or more efficient
AI Systems to Argue and Instruct: Alexa and Siri’s successors will give you advice – and even argue with you
Implantable Drug-Making Cells: By making cellular implants ‘invisible’ to the immune system, we can use them to fight cancer, heart failure and other diseases
Gene Drive: Altering species through gene editing could help us defeat malaria or protect our coral reefs; but questions remain about its potential misuse
Algorithms for Quantum Computers: Quantum computing has struggled to live up to its hype match: new algorithms could be about to change that
Plasmonic Materials: Plasmonics are light sensitive materials that make great sensors. New developments in nanomaterials could soon see them helping us harvest energy, fight cancer and make ourselves invisible
Lab-grown meat: eating tasty and affordable beef, chicken and fish grown from stem cells could help eliminate one of the largest sources of greenhouse gas emissions
Electroceuticals: electrical impulses are already used to treat epilepsy and depression. New breakthroughs could see it used to tackle obesity, opioid withdrawal, autoimmune disorders and other conditions.
The emerging technologies will be discussed during a number of panel discussions and working sessions at the World Economic Forum’s Annual Meeting of the New Champions, which is taking place in Tianjin, People’s Republic of China on 18-20 September. The purpose of the meeting, which is focused on science and technology in the Fourth Industrial Revolution, is to focus leaders’ efforts on ensuring that emerging technologies are used to benefit society and that they remain human-centred.
“As societies grapple with the impact of the Fourth Industrial Revolution, it is crucial to stay ahead of the curve of new technological breakthroughs that may radically transform our lives. The wide range of experts contributing to this effort provides a unique perspective on the potential benefits and risks associated with these technologies,” said Stephan Mergenthaler, Head of Knowledge Networks and Analysis, World Economic Forum.
“Scientific American, which since 1845 has chronicled the innovations that shape the world, is pleased to partner again with the World Economic Forum in identifying the Top Tech Emerging Technologies of 2018,” says Mariette DiChristina, Editor in Chief and Chair of the Steering Committee for the 2018 list. “Understanding rapidly emerging technologies, and the opportunities and challenges they raise, helps us in working together to ensure that society ultimately benefits.”
E-sport and video gaming as a new frontier for sustainability
In today’s modern world, sustainability issues and challenges require collaboration of people from all sectors within the society. Especially, during the Covid19 pandemic, people are more relying on digital technology and there is an increase in the number of players as well as viewers for E-sport. The rise in the role of the gaming industry around the world and how it is influencing an individual daily’s life cannot be an ignorance anymore. Whereas, many efforts have been done toward the sustainability issues, there has been little attention on the video gaming industry as a new media frontier to raise sustainability agenda.
Although in the past, the quality and technology of video gaming is not so much evolved like the current one, video games have a huge impact on individual thinking, decision making, and leadership style. You may all have one single game that came into your mind after reading the above sentence and I am sure that you may all remember how long does it takes to open a single PC in the past. But nowadays, technology has become more accessible and evolved which enables a single person to play many different types of games just by clicking on one’s digital device (such as computer, gaming console, and smartphone)
Impact of Video Gaming and its development
Different types of games influence different development inside the brain. Real-time strategy games like Age of Empire, and StarCraft can influence a positive impact on an individual’s macroeconomic, microeconomic and strategic management skills. While MMORPG games like World of Warcraft and Final Fantasy can influence an individual’s development in leadership style, teamwork, and organizing people as most of the in-game features like dungeons and raids need to work together to get to the objective. There are also survival games and creative games like Minecraft and Rust where a player needs to find certain material to build defense and work together with other online players to survive in the challenging environment. Battle Royale Games like PUBG, Fortnite, Apex legend, and Call of Duty Modern Warfare have been existed with a huge player population since long before the popularity of the well-known Squid Game Series.
The gaming industry not only improves individual skill development but also it is uniting people around the world as a new universal culture and it is becoming bigger and larger than ever. In terms of revenue from the viewer, the video gaming industry is bigger than the MLB, NBA, NHL, and MLS and it is expected to become a $300 billion industry by 2025. One of the biggest reasons video game and E-sport tournaments have blown up is because of the live streaming platform like Twitch, YouTube, Facebook, and even people are uploading reel videos on TikTok and Instagram. In addition to these platforms, the increase in mobile penetration around the world has supported the video gaming industry to become a multi-billion-dollar business.
The rise of the revenue in the gaming industry is also accompanied by the rise in the prize pool of the E-sport industry. The total prize pool for winning a tournament is increasing every year. Some global tournament’s price pool of winning and becoming a champion from games like Dota2, Fortnite, League of Legend, and Overwatch are larger than the traditional sport earning. The current largest price pool was over $40 million and it was given at the International 2021: Dota 2 Tournament. Like the traditional sport, the e-sport tournament also brings joy and excitement. As more and more team are participating in the e-sport tournaments, winning or losing at the tournament bring huge publicity in both home country and around the world. For instance, when the Team Spirit win against PSG: LGD, the Chinese team, the Dota 2 tournament in the International 2021, the Russian President Putin send the Congratulation message to the team members, and their team was supported by the people from around the world.
Dark Side of Video Gaming Industry
Even though video gaming become a booming industry, there is still very little attention given to the sustainability issue and the video-gaming industry itself have tons of social problem like labor exploitation, sexual harassment, and discrimination. In the traditional gaming industry, the Crunch Culture forces the game developer to yield unreal-complex video games in a limited set of time. The long working hours and forcing oneself to the limit can toll developer’s mental and physical health. The Crunch Culture is getting worse as in the modern gaming industry. The new business model of the video game is not focusing specifically on selling the game itself, but relying on the microtransactions within the game and it is giving the game developer the endless crunch feeling. For example, games like Apex Legend, PUBG, and Fortnite are giving the game a free-to-play model and relying on the cash flow by selling skins, emotes through microtransactions.
In addition, since the beginning of the gaming industry, the sexual harassment and discrimination cases can be seen both within companies and streaming platforms like Twitch. The recent Sexual Harassment case from Activision Blizzard has shaken the whole gaming community as Blizzard is the developer of famous games like Overwatch, Call of Duty, and World of Warcraft where they banned seriously for sexual harassment within the game. This has also forced to start the unionization of the gaming community. Streamers and gamers started to boycott games from Activision Blizzard, even a person who has put a lot of money on the games like World of Warcraft.
Gaming for Sustainability
This is a good start to fight against labor exploitation and inequality issue in the gaming industry but this is not enough in fighting for the sustainability of our future. The sustainable development goals cover a wide range of issues for peace and prosperity of humanity and the planet, and fighting against labor exploitation and inequality issue is only part of them. With the development of the digital environment and the evolution of the gaming industry, there are limitless opportunities we can find by utilizing the video gaming industry. In addition, as we have seen that the video-gaming industry play important role in individual skill development as well as it holds a large part of the huge number of populations around the world, video game streaming platform like Twitch and YouTube can be the most effective platform for advocating the sustainability issue. Last but not the least, since the newborn digital generation is more and more relying on the digital environment, we cannot achieve the sustainability issue unless we adapt to the changing environment. We must embrace the video gaming industry as a new frontier to achieve sustainable development goals.
China beats the USA in Artificial Intelligence and international awards
The incoming US Secretary of the Air Force said that China was winning the battle of Artificial Intelligence over the United States. He admitted that China would soon defeat the United States in this high-tech field.
Although the Secretary of the Air Force appointed by President Joe Biden has not yet taken office, he publicly replied to the biggest recent controversy in US political and military circles: the Air Force Chief Software Officer, Nicholas Chaillan, who resigned on October 11 last, said that China had already overtaken the United States and won the battle of Artificial Intelligence against it.
Kendall III said he agreed with the statement made by Chaillan. Nicholas Chaillan told the media that the United States not only made slow progress in the field of Artificial Intelligence, but that the said progress was also limited by various rules. China is already far ahead. Kendall III did not contradict Chaillan as some people did, but offered to invite the former employee to continue participating in the relevant discussions.
US Air Force spokesman Lieutenant Colonel Justin Brockhoff announced: ‘Secretary Kendall thanked Chaillan for his contribution to the Air Force. The two discussed the suggestions made by Chaillan for the future development of the DOD software. Secretary Kendall and Chaillan reserved the possibility of future discussions.”
Artificial Intelligence is currently a highly competitive field in Chinese and US science and technology circles. Its uses include the design of computer technologies that can think and act like humans to perform various complex tasks. Both the People’s Republic of China and the United States of America compete for dominance in this field.
Artificial Intelligence technology has penetrated all areas of each country’s corporate and national security sectors and is used to plan, design and implement specific actions for complex affairs.
Chaillan had previously told the media that after Kendall had contacted him personally and confidently, he agreed to serve as an unpaid consultant for the Department of Defense. Chaillan believes that Kendall’s connection demonstrates that the Secretary is determined to make changes to support the US government to excel once again in the competition for Artificial Intelligence.
Chaillan said: “The facts are very simple. Kendall contacted me soon after I had announced my resignation, and most experts and managers would not have been interested in me and would not have continued to work hard to remedy this handicap. This meant to me that Kendall really wanted to do something”.
There is no specific information yet on whether the US federal government will respond positively and quickly to Chaillan’s warning.
Chaillan said he was willing to attend the hearings held by Congress, but hoped that some of the hearings would not remain confidential so that the public could hear his views.
Some experts outside the US Administration said that the issue of who would win the Artificial Intelligence competition was still unresolved. Jim Waldo, an IT scientist and Chief Technology Officer at Harvard University, said he was not as pessimistic as Chaillan about the US chances in the Artificial Intelligence battle against the People’s Republic of China. Waldo pointed out that most of the US investment in technological innovation came from private companies, rather than government-funded university research.
Waldo wrote in an email: “The idea that this research will be driven by the military is a bit ridiculous…. The Department of Defence, however, should enhance the use of this technology and government funding should also increase to encourage an open development of the sector. We have not failed yet, but if we do not invest in the future it will end badly.”
Some media reports also pointed out that, in fact, Chaillan’s original statement was that if the United States did not increase investment and make plans and projects advance, it would lose in the field of Artificial Intelligence. His speech, emphasised by third parties, has become a further hotly debated topic in US politics. Some Republicans use it as an argument against Biden’s Administration, and other members of the US military forces are quick to exploit it to ask for more government funding.
Over and above the controversy and disappointment prevailing in the United States, the news has gone around the world. Reuters reported: “China has won the Artificial Intelligence battle with the United States and is on its way to global domination thanks to its technological advances, as the former Pentagon Chief Software Officer told the Financial Times“.
Furthermore, the British news agency reported other serious statements by Chaillan: “We have no chance of fighting China in 15 to 20 years. Right now, it is already a done deal; in my opinion it is already over. […] Whether it takes a war or not is something of an anecdote”.
“China is destined to dominate the future of the world, controlling everything from media storytelling to geopolitics,” he said.
Chaillan blamed slow innovation and the reluctance of US companies, such as Google, to work with the State on Artificial Intelligence, as well as extensive ethical debates on technology.
Google, instead, was not immediately available for comments outside of business hours.
As Chaillan said, Chinese companies are obliged to work with their government and are making “massive investment” in Artificial Intelligence without regard to ethics. Indeed, the so-called ethics would be respect for privacy which, as demonstrated in my article of October 7 (https://formiche.net/2021/10/internet-privacy-whatsappa-facebook/), is just a chimera.
He said that the US cyber defences in some government departments are at “kindergarten level”.
On October 10 – the same day on which Chaillan made his statements – the People’s Republic of China published a scheme to promote nationwide standardised development in its quest for high-quality development and modernisation.
The document – published jointly by the General Offices of the Central Committee of the Communist Party of China and the State Council – provides details about the measures to ensure that the country achieves its long-term development goals until 2035.
With the improvements to be made to the standardised management system, a government- and market-driven, business-oriented development model, characterised by mass participation, openness and integration, will take shape in China by 2035.
As noted in the document, by 2025 reforms will be made to the standardisation work. Both the government and the market will contribute to the standard-setting process. All economic sectors will be covered by industry standards, and international cooperation on standardisation work will be widely deepened.
Echoes of the statements made by Chaillan and the recent Chinese successes have recently led some of Wall Street’s biggest names to say that China’s economic prospects “look brighter than ever”. China is “too big to ignore”, as recently reported by The New York Times.
Indeed, fully understanding and correctly forecasting the Chinese economy has always been a topic to which the world pays great attention.
During China’s economic take-off in recent decades, rumours predicting China’s collapse have been almost absent. The Chinese economy, however, continues to grow and improve, and its development record has been unquestionably impressive. Those who often spoke ill of the Chinese market were often contradicted by reality.
Actions speak louder than words. China has its own way of developing its economy and has gained valuable experience over the years. If the Western economic and political communities still try to interpret the Chinese economy without thinking outside the old box, or give up their preconceived idea, the Chinese economy will continue to be a myth for them.
In view of making its economy grow effectively, China has been able to maintain consistency and adapt to change.
While the world is going through transformations rarely seen in a century and, at the same time, is grappling with the Covid-19 pandemic, China has not only kept its macroeconomic policies stable, but has also prepared to build a new development model and promote quality development.
As a result, China was the only major economy in the world that recorded positive growth last year and its economy grew by 12.7% in the first half of this year. These results demonstrated the strong resilience of the Chinese economy and injected confidence into the global economic recovery.
China has also been willing to use policy instruments to push forward reforms, stimulate innovation and give new momentum to development.
China has continuously improved its scientific and technological innovation ability, optimised government services and stabilised industrial supply chains so that the real economy could be better served.
As commented in an article published by Singapore’s leading daily Lianhe Zaobao earlier this year, “China is focused on doing its job. This is not only the right choice, but also the source of strength for China to continue resisting pressure”.
In this highly interconnected world, China believes that playing the “zero-sum game” is not in the interest of the international community. China has always been firmly committed to openness and cooperation and has always tried to promote its own development by stimulating the common development of the entire planet.
Although economic globalisation has been put to a hard test, China has continued to join with others around the world to build an open global economy, with an even stronger commitment to openness.
It has implemented the Foreign Investment Law, further opened up its financial sector in an orderly way, and created platforms such as China International Import Expo and China International Fair for Trade in Services to share its development opportunities with everybody.
More importantly, the Belt and Road Initiative-Silk Road-has been increasingly seen everywhere as a path to prosperity, innovation, health and green development.
All over the world, there are currently ever more people who have begun to deeply recognise that China’s vigorous economic development has a positive meaning for the global economy, and it is unpopular to play the game based on the theories of “decoupling” and “China’s threat”.
As long as in the West there are those who are still obsessed with a downward view of the future of China’s economy, and rely on their old way of thinking and deep ideological bias, they will be proved wrong again and again.
U.S. Sanctions Push Huawei to Re-Invent Itself and Look Far into the Future
There is no doubt that the return of Huawei’s CFO Meng Wanzhou to Beijing marks a historic event for the entire country that made every Chinese person incredibly proud, especially bearing in mind its timing, as the National Day celebrations took place on October 1.
“Where there is a five-star red flag, there is a beacon of faith. If faith has a color, it must be China red,” Ms. Meng said to the cheering crowd at Shenzhen airport after returning home from Canada. She also added that “All the frustration and difficulties, gratitude and emotion, steadfastness and responsibility will transform into momentum for moving us forward, into courage for our all-out fight.”
Regardless of how encouraging the Chinese tech giant heiress’s words may sound, the fact remains that the company remains a target of U.S. prosecution and sanctions—something that is not about to change anytime soon.
When the Sanctions Bite
It was former U.S. President Donald Trump who in May 2019 signed an order that allowed the then-Commerce Secretary Wilbur Ross to halt any transactions concerning information or communications technology “posing an unacceptable risk” to the country’s national security. As a result, the same month, Huawei and its non-U.S. affiliates were added to the Bureau of Industry and Security Entity List, which meant that any American companies wishing to sell or transfer technology to the company would have to obtain a licence issued by the BIS.
In May 2020, the U.S. Department of Commerce decided to expand the FPDP Rule by restricting the Chinese tech giant from acquiring foreign-made semiconductors produced or developed from certain U.S. technology or software and went even further in August the same year by issuing the Final Rule that prohibits the re-export, export from abroad or transfer (in-country) of (i) certain “foreign-produced items” controlled under the amended footnote 1 to the Entity List (“New Footnote 1”) when there is (ii) “knowledge” of certain circumstances, the scope of which were also expanded.
Moreover, the decision also removed the Temporary General License (“TGL”) previously authorizing certain transactions with Huawei and added thirty-eight additional affiliates of the Chinese company to the Entity List.
In these particular circumstances, despite the initial predictions made by Bloomberg early in 2020 that Trump’s decision to blacklist Huawei fails to stop its growth, the current reality seems to be slightly changing for once—and briefly—the world’s largest smartphone vendor.
The impact of the U.S. sanctions has already resulted in a drop in sales in the smartphone business by more than 47% in the first half of 2021, and the total revenue fell by almost 30% if we compare it with the same period in 2020. As is estimated by rotating Chairman Eric Xu, the company’s revenue concerning its smartphone sales will drop by at least $30-40 billion this year.
For the record, Huawei’s smartphone sales accounted for $50 billion in revenue last year. The company has generated $49.57 billion in revenue in total so far, which is said to be the most significant drop in its history.
In Search of Alternative Income Streams
Despite finding itself in dire straits, the company is in constant search for new sources of income with a recent decision to charge patent royalties from other smartphone makers for the use of its 5G technologies, with a “per unit royalty cap” at $2.50 for every multimode mobile device capable of connections to 5G and previous generations of mobile networks. Huawei’s price is lower than the one charged by Nokia ($3.58 per device) and Ericsson ($2.50-$5 per device).
Notably, according to data from the intellectual property research organization GreyB, Huawei has 3,007 declared 5G patent families and over 130,000 5G active patents worldwide, making the Chinese company the largest patent holder globally.
Jason Ding, who is head of Huawei’s intellectual property rights department, informed early this year that the company would collect about $1.2-$1.3 billion in revenue from patent licensing between 2019 and 2021. But royalties will not be the only revenue source for the company.
Investing in the Future: Cloud Services and Smart Cars
Apart from digitizing native companies in sectors like coal mining and port operations that increased its revenue by 23% last year and 18% in the first part of 2021, Huawei looks far into the future, slowly steering away from its dependency on foreign chip supplies by setting its sight on cloud services and software for smart cars.
Seizing an opportunity to improve the currently not-so-perfect cloud service environment, the Chinese tech giant is swiftly moving to have its share in the sector by creating new cloud services targeting companies and government departments. For this purpose, it plans to inject $100 million over three years’ period into SMEs to expand on Huawei Cloud.
As of today, Huawei’s cloud business is said to grow by 116% in the first quarter of 2021, with a 20% share of a $6 billion market in China, as Canalys reports.
“Huawei Cloud’s results have been boosted by Internet customers and government projects, as well as key wins in the automotive sector. It is a growing part of Huawei’s overall business,” said a chief analyst at the company, Matthew Ball. He also added that although 90% of this business is based in China, Huawei Cloud has a more substantial footprint in Latin America and Europe, the Middle East and Africa as compared with Alibaba Cloud and Tencent Cloud.
Another area where Huawei is trying its luck is electric and autonomous vehicles, where the company is planning to invest $1 billion alone this year. Although the company has repeatedly made it clear that it is unwilling to build cars, Huawei wants to “help the car connect” and “make it more intelligent,” as its official noted.
While during the 2021 Shanghai Auto Show, Huawei and Arcfox Polar Fox released a brand new Polar Fox Alpha S Huawei Hi and China’s GAC revealed a plan to roll out a car with the Chinese tech company after 2024, Huawei is already selling the Cyrus SF5, a smart Chinese car from Chongqing Xiaokang, equipped with Huawei DriveONE electric drive system, from its experience store for the first time in the company’s history. What’s more, the car is also on sale online.
R&D and International Talent as Crucial Ingredients to Become Tech Pioneer
There is a visible emphasis put on investing in high-quality research and development to innovate both in Huawei and China as a whole.
According to the company’s data, the Chinese technology giant invested $19.3 billion in R&D in 2019, which accounted for 13.9% of its total business revenue and $22 billion last year, which was around 16% of its revenue. Interestingly, if Huawei was treated as a provincial administrative region, its R&D expenditure would rank seventh nationwide.
As reported by China’s National Bureau of Statistics, the total R&D spending in China last year was 2.44 trillion yuan, up 10.6% year-on-year growth, and 2.21 trillion yuan in 2019, with 12.3% year-on-year growth.
As far as activities are concerned, the most were spent on experimental development in 2020 (2.02 trillion yuan, which is 82.7% of total spending), applied research (275.72 billion yuan, which gives 11.3%) and basic research (146.7 billion yuan, accounting for 6%). While the most money was spent by enterprises (1.87 trillion yuan, which gives up 10.4% year-on-year), governmental research institutions spent 340.88 billion yuan (up 10.6% year-on-year), and universities and colleges spent 188.25 billion yuan (up 4.8% year-on-year).
As far as industries go, it is also worth mentioning that high-tech manufacturing spending accounted for 464.91 billion yuan, with equipment manufacturing standing at 913.03 billion yuan. The state science and tech spending accounted for 1.01 trillion yuan, which is 0.06 trillion yuan less than in 2019.
As Huawei raises the budget for overseas R&D, the company also plans to invest human resources by attracting the brightest foreign minds into its business, which is in some way a by-product of the Trump-era visa limitations imposed on Chinese students.
So far, concentrating on bringing Chinese talent educated abroad, Huawei is determined to broader its talent pool by “tall noses,” as the mainland Chinese sometimes refer to people of non-Chinese origin.
“Now we need to focus on bringing in talent with ‘tall noses’ and allocate a bigger budget for our overseas research centres,” said the company’s founder Ren Zhengfei in a speech made in August. “We need to turn Huawei’s research center in North America into a talent recruitment hub,” Ren added.
While Huawei wants to scout for those who have experience working in the U.S. and Europe, it wants to meet the salary standards comparable to the U.S. market to make their offer attractive enough.
What seems to be extraordinary and crucial by looking at China through Huawei lens is that it is, to the detriment of its critics, indeed opening to the outside world by aiming at replenishing all facets of its business.
“We need to further liberate our thoughts and open our arms to welcome the best talent in the world,” to quote Ren, in an attempt to help the company become more assimilated in overseas markets as a global enterprise “in three to five years”.
The Chinese tech giant aims to attract international talent to its new 1.6 million square meter research campus in Qingpu, Shanghai, which will house 30,000 to 40,000 research staff primarily concerned with developing handset and IoT chips. The Google-like campus is said to be completed in 2023.
The best sign of Huawei’s slow embrace of the “start-up” mentality, as the company’s head of research and development in the UK, Henk Koopmans, put it, is the acquiring of the Center for Integrated Photonics based in Ipswich (UK) in 2012, which has recently developed a laser on a chip that can direct light into a fibre-optic cable.
This breakthrough discovery, in creating an alternative to the mainstream silicon-based semiconductors, provides Huawei with its product based on Indium Phosphide technology to create a situation where the company no longer needs to rely on the U.S. know-how.
As for high-profile foreign recruitments, Huawei has recently managed to hire a renowned French mathematician Laurent Lafforgue, a winner of the 2002 Fields Medal, dubbed as the Nobel Prize of mathematics, who will work at the company’s research center in Paris, and appointed the former head of BBC news programmes Gavin Allen as its “executive editor in chief” to improve its messaging strategy in the West.
According to Huawei’s annual report published in 2020, the Shenzhen-based company had 197,000 employees worldwide, including employees from 162 different countries and regions. Moreover, it increased its headcount by 3,000 people between the end of 2019 and 2020, with 53.4% of its employees in the R&D sector.
The main objective of the developments mentioned above is to “lead the world” in both 5G and 6G to dominate global standards of the future.
“We will not only lead the world in 5G, more importantly, we will aim to lead the world in wider domains,” said Huawei’s Ren Zhengfei in August. “We research 6G as a precaution, to seize the patent front, to make sure that when 6G one day really comes into use, we will not depend on others,” Ren added.
Discussing the potential uses of 6G technology, Huawei’s CEO told his employees that it “might be able to detect and sense” beyond higher data transmission capabilities in the current technologies, with a potential to be utilized in healthcare and surveillance.
Does the U.S. Strategy Towards Huawei Work?
As we can see, the Chinese tech giant has not only proved to be resilient through the years of being threatened by the harmful U.S. sanctions, but it also has made significant steps to become independent and, therefore, entirely out of Washington’s punishment reach.
Although under the intense pressure from the Republicans the U.S. Commerce Secretary Gina Raimondo promised that the Biden administration will take further steps against Huawei if need be, it seems that there is nothing much that the U.S. can do to stop the Chinese company from moving ahead without any U.S. permission to develop in the sectors of the future, while still making a crucial contribution to the existing ones.
At the same time, continuing with the Trump-era policies aimed at Huawei is not only hurting American companies but, according to a report from the National Foundation for American Policy published in August 2021, it also “might deal a significant blow to innovation and scientific research” in the country.
“Restricting Huawei from doing business in the U.S. will not make the U.S. more secure or stronger; instead, this will only serve to limit the U.S. to inferior yet more expensive alternatives, leaving the U.S. lagging behind in 5G deployment, and eventually harming the interests of U.S. companies and consumers,” Huawei said in, what now appears to be, prophetic statement to CNBC in 2019.
On that note, perhaps instead of making meaningless promises to the Republicans that the Biden administration “wouldn’t be soft” on the Chinese tech giant, Raimondo would make the U.S. better off by engaging with Huawei, or at least rethinking the current policies, which visibly are not bringing the desired results, yet effectively working to undermine the U.S. national interest in the long run.
From our partner RIAC
Why A Wristwatch Is A Timeless Gift
Have you heard the saying, “An outfit is never complete without a wristwatch?” I feel that your outfit lacks the...
E-sport and video gaming as a new frontier for sustainability
In today’s modern world, sustainability issues and challenges require collaboration of people from all sectors within the society. Especially, during...
CEOs Urge World Leaders to ‘Do More Together’ in the race to Net Zero
The Alliance of CEO Climate Leaders, hosted by the World Economic Forum, appealed to the governments and world leaders to...
COP 26 must yield pragmatic outcomes to sustain livelihoods
Glasgow is now ready to host the United Nations Climate Change conference, popularly known as COP 26 (i.e. the 26th...
Feminism: A Critique of Realism and The Way Forward
In around eighteen countries of the world, for e.g. Bolivia, Iran, Qatar, Sudan and Syria, men can legally stop women...
Time for a Consolidated Russian-Chinese Approach to Modernize and Reform UN
When it comes to reforms of the United Nations, it is indispensable for China and Russia, as long-time UN champions...
Kavala Case as a Cause for Dıplomatıc Crısıs
Turkey’s President Recep Tayyip Erdoğan’s recent statement about the Osman Kavala declaration of the envoys of 10 countries has been...
International Law4 days ago
Debunking the Sovereignty: From Foucault to Agamben
Intelligence4 days ago
The impact of the joint security coordination between Israel and Turkey in Afghanistan
Economy4 days ago
United World of Job Seekers and Job Creators Will Boost Recovery
Intelligence3 days ago
Israel-Bhutan peace agreement and its affect on China’s influence
South Asia4 days ago
Did India invade Kashmir?
Middle East3 days ago
Saudi Arabia and Iran want to be friends again
South Asia3 days ago
The Khalistan nightmare
Defense2 days ago
US Targets Militants in Turkish-Held Area in Syria