The tech rivalry between two of the most advanced countries today poses a threat to globalization.
G-zero summit talks about the world’s tech rivals of today
G-zero world is an emerging group of power in international politics created by the decline of Western influence and the rise of domestic developing states. This group aims to send out a message that there should be no single country or group of countries that can drive economic and political agendas globally.
G-zero objects to the idea of having super nations joining forces to pseudo control globalization. It vehemently rejects the idea of a G2 which identifies strategic partnership between the U.S. and China to control trading. The composition of a G3 is also scary thought, an alliance made up of the U.S., Europe, and Japan. It aims to defend free-market democracy which is now threatened by the rise of Chinese-inspired capitalism.
G-Zero Summit. TOKYO – hosted by Eurasia Group, the summit aims to explore the scope and functionality of a leaderless G-zero world. Government, entrepreneur, and media companies share ideas and insights on economic, political, and technological challenges.
During the summit, geopolitical expert Ian Bremmer pointed out that the global order led by the U.S. is slowly receding.
It is the time when alliances are starting to fall apart.
#Thread: This is @drjwalk from @EurasiaGroup. I'm at our #GZEROSummit in Tokyo taking over Ian Bremmer's account while he gives his keynote speech on the end of the American order.
Watch LIVE, and follow along for the latest! https://t.co/piMYFl6tdL pic.twitter.com/3cQtMHX0r4
— ian bremmer (@ianbremmer) November 18, 2019
As U.S. influence decreases, its tech rival grows in influence on technology and trade using a separate system. China is trying to prove to the world that they can manage to have their own system, standards, infrastructure, supply chain, and technology to be able to compete against western tradition.
China is not interested in waging war against the U.S. They prefer to take the economic route.
Division of Influence. China’s technological advancement poses a great threat to the traditional global stability and prosperity. There is a strong possibility of a Splinternet, a parallel technology ecosystem. This is a huge threat to globalization. If the division between the two tech rivals pushes through, it will affect everyone.
In order to suppress this downfall, the expert suggests that a governing body should be established to impose ground rules and unite governments to online transparency.
Japan can act as a mediator
Unlike tech rivals China and the U.S., we have Japan which is today’s healthiest and most advanced industrial country. Being the world’s third-largest player in the economy, Japan can possibly bind China and the U.S. instead of letting their conflict prosper.
Japan is the perfect mediator. It is in a unique position to offer both parties incentives in their respective areas of interest to limit conflict.
