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Bengaluru Is the New Shenzhen as Apps Displace Devices

High tech has always meant cool stuff. Pathbreaking devices have repeatedly expanded the frontiers of consumer electronics, from the early game consoles of the 1970s to the rise of the smartphone in the 2010s. But now that it’s literally possible to shoot a feature film on a mass-market phone, future device development is likely to see diminishing returns. Instead, the 2020s will probably herald a shift from devices to apps. The smartphone isn’t going to disappear, but it is becoming more valuable for the apps that run on it than for the electronics that run in it.

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https://foreignpolicy.com/2021/01/12/india-china-technology-apps-internet-economy/

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Sydney-based globalization expert Salvatore Babones is available to speak on the Chinese economy (demographics, growth, technology), the Belt & Road Initiative, global trade networks, and Australia-China relations. Contact: s@salvatorebabones.com