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

InternationalTyphoon Ragasa Live Tracker Map: Deadly Cyclonic Storm Nears Vietnam After Wreaking Havoc in China, Hong Kong and Taiwan; Check Real-Time Status

CricketRashid Khan-Led Afghanistan Beat Hong Kong by 94 Runs in Asia Cup 2025 Opener (VIDEO)

InternationalPM Narendra Modi, Chinese President Xi Jinping and Russian President Vladimir Putin Seen Interacting at SCO Summit 2025 in China

OpinionsChina’s Move... Fictator’s Fortune!

InternationalChina SCO Summit 2025: Meet Xiao He, Humanoid Robot, Designed to Assist During Tianjin Summit (Watch)

कारोबार Realted Stories

BusinessIndiGo spearheading resumption of flights from India to mainland China

BusinessIndiGo to resume flights between India and China after five years

BusinessAshwini Vaishnaw launches NIELIT Digital University, inaugurates 5 new centres across India

BusinessAPEDA's Reverse Buyer-Seller Meet attracts 530 global buyers and enables 4,600+ B2B meetings

BusinessFarmers welcome MSP hike for Rabi crops, say PM Modi’s decision will boost income and living standards