China's Innovation Economy
Artificial Intelligence and the New Silk Road
Jon-Arild Johannessen
- 184 pagine
- English
- ePUB (disponibile sull'app)
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China's Innovation Economy
Artificial Intelligence and the New Silk Road
Jon-Arild Johannessen
Informazioni sul libro
Two trends will have more influence than anything else on the world's future political and economic situation: the development of artificial intelligence and the emergence of China as a competitor to the United States on the international stage.
This book is about the emerging innovation economy. It uses systems theory and evolutionary economics as a theoretical point of departure and explains why the focal point of the geopolitical stage is moving away from the alliance between the United States and Europe, and towards an alliance between China, the 14 Regional Comprehensive Economic Partnership countries, the countries along the new silk road, and Europe.
The book argues that the globalization strategy of neoliberalism laid the foundation for the Chinese economic engine. Whereas the old globalization was driven by cost differences generally, and wage costs specifically, the new globalization is driven by divergence in competence in general, and technological competence in particular, and China's primary goal is to develop artificial intelligence and intelligent robots. Further, the book posits that the interactions between the climate crisis and the new technology will change production, distribution and the creation of profits, both in China and more widely in the global innovation economy. The book develops a structure to describe, analyze and explain the Chinese innovation economy and contributes to the discussion regarding technological developments in China.
The book is written for readers who are oriented towards the new globalization that is emerging in the innovation economy and the factors driving China's economic growth.
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Informazioni
1A theory that explains Chinese actions in the innovation economy
Key points in this chapter
- A theory (system of propositions) that describes and explains China’s actions in the innovation economy based on three pillars:
- A sense of recognition will lead to a more responsible attitude on the part of the Chinese leadership.
- A sense of being respected will lead to more rational actions on the part of the Chinese leadership.
- A sense of being treated in a non-threatening and dignified manner will bring about a more balanced regime of behaviour on the part of the Chinese authorities.
Introduction
- Many authors believe that Chinese policy is revisionist compared to what they consider to be the correct Communist policy. In this book, we will show that this is a fallacious assumption. On the contrary, China does not follow a revisionist policy, but rather a type of Communism that is normalized in terms of Chinese history and Chinese understanding, in short, a type of Communism based on a Chinese model of socialism. However, the Chinese expect to be accorded recognition and respect for their way of interpreting Communism, without being unfairly described as revisionists by writers and critics throughout history.
- Several politicians and intellectuals view China’s actions, especially under Xi Jinping, as posing an increasing challenge to the predominance of the United States in global economic, political, military and technological arena. This is to be expected. Throughout history, emerging great powers have come into conflict with the ruling power (Acemoglu & Robinson, 2013). For instance, this occurred between Persia and Athens, Carthage and the Roman Empire, Britain and the United States, etc. The question is how to deal with this so-called tension and conflict between ‘alpha males’. If the emerging alpha male is given attention and shown respect, then he may not need to bark so loudly or demonstrate his power over the other strong alpha male.
- The OBOR Initiative may be viewed as an expansionist and empire-building project. Understood in another way, it can be interpreted as a project that will provide China and its institutions with recognition and respect.
- The Chinese leadership’s view of itself as an RGP is something qualitatively different from a mere propaganda ploy. The strategy is aimed at establishing the type of role in the world community that Chinese leaders believe China should have, due to its power and influence.
- China’s rising dominance in relation to the West is a new phenomenon, and therefore also subject to uncertainty and unrest within the Chinese leadership. If the Chinese leadership commits any strategic errors, this position may easily be lost, and China may end up back as a country that supplies cheap labour to Western capitalism.
- “Rising powers threaten to displace ruling ones” (Thucydides’ Trap3).
- The Chinese leadership focuses much of its efforts on shaping Chinese identity, i.e. its identity policy. This consists of formulating principles of action, and worldviews.
- The basis of Chinese identity policy may be understood in terms of the question: How do we differentiate China from the outside world? The answer to this question provides premises for action for the Chinese leadership in the global arena in those areas in which they wish to take responsibility as a rising superpower.