With China aggressively expanding in various fields like artificial intelligence, 5G networking, semiconductors, and more, it appears that the nation will be overtaking the US in 21st century technologies within just a decade.

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The news arrives from a recent report from Harvard, which is titled “The Great Rivalry: China vs the US in the 21st Century” that was published by the the Belfer Centre for Science and International Affairs at the Harvard Kennedy School in Cambridge, Massachusetts. The report adds that “China’s rapid rise to challenge US dominance of technology’s commanding heights has captured America’s attention.” It further adds that in some areas China “has already become No 1. In others, on current trajectories, it will overtake the US within the next decade.”

This report further emphasizes on the very real possibility of China replacing the US to become the world’s top economic and technological power, which Reuters labeled as a Sputnik moment of this generation. As of right now, the Asian country has already dethroned America to become the world’s top high tech manufacturer. The nation had produced over 250 million computers, 25 million cars, and a whopping 1.5 billion smartphones in 2020 alone, as per the Harvard report.

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Back in October, US intelligence officials had even warned American tech firm about working with their Chinese counterparts (and by that extension the country as well), especially in the fields of I, quantum computing, bioscience, semiconductors and autonomous systems. The report states that “China is catching up and, in some cases, has already overtaken America. Unlike prior technological revolutions that took place when the nation was still a poor country, China’s meteoric rise has provided it with the funds and manpower to potentially lead this field.”

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