China will dominate the world of tech, Web Summit’s Cosgrave says

The founder of the tech summit, which will be held in Qatar next year, says the West has lost its lead on tech.

Doha, Qatar – China is set to dominate the world of technology in the coming decade, according to Paddy Cosgrave, the chief executive officer of the annual technology conference Web Summit.

Speaking on Al Jazeera Digital’s show On The Record, Cosgrave said the West has lost its status as the leader in technology and innovation after being in the position for half a century.

“For 50 years advances within technology were driven by the United States, but over the past decade, there has been rapid dispersion of technological capability to other parts of the world,” he said.

“In the coming decade, China will dominate technology because it has focused intensively on the important partnership between the public and private sectors with stunning results.”


Categories: Geopolitics

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