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2023 | OriginalPaper | Chapter

Future Development of Industries in the Intelligent World Riding the New Wave of Technologies

Author : Shu Cheng

Published in: China’s Opportunities for Development in an Era of Great Global Change

Publisher: Springer Nature Singapore

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Abstract

The notion of the intelligent world is a sweeping and comprehensive concept that encompasses the convergence of physical and informational infrastructures. China's vision of achieving socialist modernization by 2035 includes a strong emphasis on technological and scientific innovation, positioning the country among the most innovative nations in the world. To thrive in the intelligent world, businesses must break free from conventional paths of innovation and evolve from imitation and introduction to integration and originality. The intelligent world is characterized by the widespread application of intelligence, including artificial intelligence, life science and technology, blockchain, new materials, and 5G/6G communication technology. Companies must choose the best course for technological transformation in light of the shifts in the global innovation ecosystem, trade system, and geopolitical landscape. The intelligent world offers numerous prospects for different industries, but the ability and power of any one company to participate is restricted. Companies should concentrate on the underlying core technology and determine their own positioning to genuinely participate in the creation of the smart world.

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Metadata
Title
Future Development of Industries in the Intelligent World Riding the New Wave of Technologies
Author
Shu Cheng
Copyright Year
2023
Publisher
Springer Nature Singapore
DOI
https://doi.org/10.1007/978-981-99-1199-8_13

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