As of 2024, China's long-term technological investments, particularly through initiatives like the Digital Silk Road and substantial AI investments, have been evaluated as successfully closing the AI technology gap with the United States. Unlike the United States, which delegates technological advancement to the market economy, China has rapidly caught up in technology by vigorously pursuing strong government-led goals. China is no longer considered a nation merely imitating U.S. technology; it has emerged as a state that actively drives its own technological advancements.
This nation-led development has contributed to a significant reduction in extreme poverty in China. However, it has also faced criticism for the potential misuse of technology in political repression. The characteristics of China's technological development include a rapid closing of the technology gap, driven by centralized government initiatives. This has not only reshaped the socio-economic landscape by reducing poverty but has also raised concerns about the potential misuse of technology for political control.
In terms of strengths, China's centralized approach allows for swift implementation of large-scale technological projects, contributing to rapid progress. However, it also brings about challenges, including concerns about privacy, surveillance, and potential political misuse. The Chinese model emphasizes achieving national goals, often at the expense of individual liberties.
In contrast, the United States relies on a more decentralized approach, where technological development is primarily driven by private enterprises operating in a market-driven economy. This fosters innovation but may lead to slower adoption of large-scale initiatives compared to China's more centralized model.
In summary, China's technological development is characterized by rapid advancement, driven by government-led initiatives, which has both positive and negative implications for its society and the global technology landscape.
https://merics.org/en/tracker/networking-belt-and-road-future-digital
https://fulcrum.sg/chinas-digital-silk-road-dsr-in-southeast-asia-progress-and-challenges/