lip service that politicians pay to this idea , will be leading the way .”
Elaborating on the importance of innovation , Rai signs off by offering a word of warning to Europe , where he used to run the telecom and media business unit at Infosys . “ I think Europe is stuck in its own bubble . Don ’ t get me wrong , Europe will always be there , but I think we ’ ll see a global power shift towards the east . What ’ s happening in China is scarily remarkable . They have AI algorithms and research coming out of there that probably isn ’ t as smart as the west just yet , but they will figure it out . I don ’ t see anybody doing the same for Europe and that worries me a lot . They really have to keep funding research . Right now , the US is in pole position , but China is catching up and Europe is really slacking . It ’ s an interesting crossroads ,” he concludes .
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