Hey there, Pynksters!
Over the past years, the relationship between China and the United States has been bumpy at best. Events such as the US-China trade war, the UK and US ban on Huawei equipment, and Chinese interference with Hong Kong law are some of the dominant topics that come to mind. With so much going on, it is only natural to enquire whether the US and China are waging a cold war for world hegemony focused on technological supremacy.
Central to the issue of technological supremacy is Huawei’s 5G network equipment. The benefits of 5G are substantial, involving speed upgrades, lower latency, enhance capacity, increased bandwidth.
- Upgraded Speed - increase network speed by x100, allowing for transfers of data within seconds.
- Lower Latency - remote controlling devices in near-real-time, benefiting industries such as agriculture, manufacturing, logistics, gaming, VR and AR.
- Enhanced Capacity - increase network capacity by x1000, creating a fertile environment for IoT development; automate supply chain management processes and enable smart devices to communicate in what is set to become a world of smart homes and smart cities.
- Increased Bandwidth - optimise network traffic and smooth handling of usage spikes by providing seamless connectivity to live stream in crowded areas (e.g. stadiums); allow businesses to turn large volumes of data into actionable knowledge using big data analytics.
Some argue that the ban of Huawei 5G equipment would bifurcate the internet between a Chinese network and a Non-Chinese network world.
- Do you believe the internet will truly bifurcate? If yes, what would be the consequences?
- Will the ban on Huawei’s 5G equipment impede Chinese leadership in network infrastructure?
- Will the US or Europe catch-up or surpass China in network infrastructure capabilities?
- Could we see higher barriers to entry for US companies on the Chinese market?
Some additional food for thought: https://www.economist.com/leaders/2020/07/18/china-v-america
What do you think?