economic-incentives
The chapter explores how economic incentives and funding, both public and private, drive innovation and technological breakthroughs.
1 chapter across 1 book
The Coming Wave: Technology, Power, and the Twenty-first Century's Greatest Dilemma (2023)Mustafa Suleyman; Michael Bhaskar
Chapter 8, "Unstoppable Incentives," examines the global race for technological supremacy, focusing on China's rapid advancements in AI, quantum computing, and R&D investment, which challenge the United States' dominance. The chapter highlights how state-driven incentives, massive funding, and strategic national policies fuel innovation and competition, drawing parallels to historical technological revolutions and financial bubbles. It also discusses the economic and geopolitical implications of this competition, emphasizing the critical role of incentives in driving scientific and technological progress.