The world's two largest economies are competing in a tech race that some have compared to the Cold War nuclear and space race between the U.S.
and the Soviet Union.
So is the U.S.
or China currently ahead?
And what will determine who ultimately takes the lead in this technological rivalry?
I'm Allison Nathan and this is Goldman Sachs Exchanges.
Each month I speak with investors, policymakers,
and academics about the most pressing market-moving issues for our top-of-my-report from Goldman Sachs research.
I recently spoke with Mark Kennedy,
founding director of the Waba Initiative for Strategic Competition at NYU's Development Research Institute,
and with Paul Triolo, partner at DGA Albright Stonebridge Group.
I started by asking Mark just how important a role tech plays in the U.S.-China strategic rivalry.
And who's winning the tech race today?
Technology certainly seems to be at the center of the U.S., China, strategic rivalry.
Is that an accurate characterization of the role of technology within this rivalry?
Or do you think that there's just too much emphasis on that role and that it's being overplayed?
I don't think it's being overplayed.
isn't just at the center, it's really the switchboard.
Because whoever is going to route the data, the standards,
the compute in the future is really going to impact every domain from military might,