Will China's tech industry eclipse the US tech industry?
Are we seeing the creation of a parallel universe for US and Chinese tech industries?
I think the answer is yes. In the past, US has dominated the world in technologies from P.C. operating systems, semiconductors, to servers, and even Internet. But ever since the rise of mobile technologies, China has really leveraged the large market with a huge amount of data and now is beginning to innovate and build great mobile apps on which there's a large amount of data being collected.
Therefore, fueling great development of AI technologies. We're in a stage where US and China are roughly equal in mobile and AI technologies. And I would project in the future, US will continue to dominate US developed markets, English speaking countries, Japan, and a few other countries. But China will rise, with Chinese software being used by increasingly more countries in other parts of the world.