Top Ten Tech Trends: China Will Dominate
From alwayson-network: China will dominate
Excerpt from an event in which leading tech visionaries tried to come to agreement over the top technology trends for 2005.
"Joe Schoendorf: (Mr. Schoendorf is a partner with Accel Partners.) I actually think that China and what is going on there today is the biggest competitor to Silicon Valley—and a more serious competitor to the quality of life we lead here—than anything we've encountered since we were born."
"Count the number of Ph.D.s that are graduating in China every year and compare that number to Silicon Valley or the United Stated, and the ratio is over 2-to-1."
"I'll tell you who I worry about. I look at the Huawei model going after Cisco, where they have two groups of engineers working 13-hour days, and they do projects in half the time and at a quarter of the cost because the morning engineering team takes over from the evening engineering team, and they're just on it. "
"Perkins: Are you saying the next big standard, the next big innovation, or the next big economic powerhouse is coming out of China?
Schoendorf: All of the above" Read more