China Needn't Surpass U.S., Intel CTO Says
China’s factories have long churned out high tech products. A big question facing Silicon Valley–underscored in a survey released Monday by Intel (INTC) and Newsweek–is how big a role the country will play in dreaming up those gadgets.
The survey found optimism among Chinese respondents and pessimism among the Americans. Some 63 percent of Chinese believe their country will overtake the United States in technology innovation over the next 30 years. Only one-third of Americans believed the U.S. would still lead over that period.
Justin Rattner, Intel’s chief technology officer, agrees that China will reduce the innovation gap with America. But that doesn’t mean that surpassing the U.S. is inevitable. “Speaking personally, there’s no reason for that to happen,” he said.
