SNS: China on the Edge

 

In This Issue Week of 07/02/2018 Vol. 23 Issue 21

China on the Edge o   The Media, the Experts o   The Chinese Economic Contraction o   The Business Model Conflict o   The US View o   What's Next?   Quotes of the Week Upgrades o   The INVNT/IP Digest Ethermail Inside SNS Upcoming SNS Events o   FiRe 2018 o   Where's Mark?

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Book of the Week:

This recent book by SNS member Paul Daugherty, chief technology and innovation officer of Accenture, looks closely at artificial intelligence as it's being rolled out - not as a replacement of, but as an augmentation and tool for, human beings.

From Amazon:

"Based on the authors' experience and research with 1,500 organizations, the book reveals how companies are using the new rules of AI to leap ahead on innovation and profitability, as well as what you can do to achieve similar results. It describes six entirely new types of hybrid human + machine roles that every company must develop, and it includes a "leader's guide" with the five crucial principles required to become an AI-fueled business.

"Human + Machine provides the missing and much-needed management playbook for success in our new age of AI."

Highly recommended - mra.

China on the Edge

One of our key economic mantras at SNS is:

In the post-information age, every sector of the global economy is driven by technology.

Last Tuesday, China and the EU announced an agreement to work on trade issues together through the WTO. According to the AP account, they will "work to update global trade rules to address technology policy, subsidies and other emerging irritants and preserve support for international trade amid US threats of import controls."

In chess, this would be called a "blocking move" by China.

China has zero intention of changing its national business model, nor of making any material changes to its "Made in China 2025" program, the goal of which is global domination of all major technology sectors. Conversely, there is one and only one reason China is even willing to discuss such subjects through the unenforceable WTO processes: the tariffs on Chinese products instituted by the US.

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In this week's discussion, we'll look at China's current declining economic status and how it relates to what other nations and their technology companies can expect as the US, the EU, and Australia struggle with China for economic (and therefore, military and strategic) dominance.