How might the future look if China leads 5G technology? Fifth-generation cellular network technology, or 5G, will transform our daily lives with such inventions as autonomous-driving vehicles, artificial intelligence, the Internet of Things, and smart cities. Our mobile devices, interconnected with appliances, automobiles, and airplanes will wrap us in a seamless web of service and convenience. But unless U.S. policymakers and business leaders unite with an uncharacteristically singular purpose, this tech-charged future may emerge under standards set by the Chinese Communist Party.
What the moonshot once was to the United States, intellectual property theft and predatory tactics are to China today. A March CNBC poll of U.S. corporations reports that one out of five have had intellectual property stolen by China in the last year, adding to annual losses estimated by the U.S. government to be as high as $600 billion.
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