City
Epaper

India, China to pip US in tech innovations: Survey

By IANS | Updated: July 24, 2019 17:25 IST

consensus that if there is another world war, then it is likely to be a cyber war, said the survey by Bloomberg New Economy Forum.

Open in App

'It is noteworthy that emerging economies are more optimistic than developed markets about the power of technology to shape a better world by the year 2035,' Andrew Browne, Editorial Director of the Bloomberg New Economy Forum, was quoted as saying in a blog post.

'Developing countries in general see technology more as an opportunity while the developed world has a greater sense of technology as a threat,' Browne added.

Globally, 54 per cent of respondents believe that by 2035, China and India will have surpassed the US as the world's centres of tech innovation.

Among the global respondents, 39 per cent said that Beijing will be the world's top tech city by 2035, with more respondents (45 per cent) in emerging markets agreeing than in developed markets (31 per cent).

The findings are based on the views of 2,000 business professionals in 20 markets. They were asked what the future will hold as the balance of global power shifts towards new economies.

The majority of business professionals across the world agree that by 2035, we will be reaching the point of no return on climate change.

Most global business professionals also agree that rising sea levels will have already wiped the first low-lying country off the map by 2035.

Despite fears that Artificial Intelligence will destroy manual jobs, a majority around the world believe that lifelong learning can mitigate the threat.

( With inputs from IANS )

Tags: Andrew BrowneArtificial Intelligencechina
Open in App

Related Stories

International'Illegal Military Operations': China Accuses US and Israel of Strait of Hormuz Crisis

NationalDelhi Government Orders Removal of 2.5 Lakh Chinese CCTV Cameras Over Security Concerns

InternationalChina: Four Dead, Nine Injured After Explosion at Highway Tunnel Construction Site in Chongqing

InternationalChina: Casualties Feared After Bulldozer Runs Over Crowd in Beijing Market (Watch Video)

MumbaiMumbai: DRI Seizes Restricted Goods Worth ₹9.25 Crore; Two Firm Owners Arrested

कारोबार Realted Stories

BusinessOver 51 lakh LPG cylinders delivered in a day, no dry-out at gas agencies: Centre

BusinessFuel price hike unavoidable amid global oil shock, Pakistan faces inflationary fallout

BusinessSouth Central Railway completes Kavach field trials for 487 route kms

BusinessKandla Port logs record cargo handling in FY26, advances green push with methanol bunkering

BusinessIndia’s major ports handled record 915.17 million tonnes of cargo in FY26