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In July 2015, President Obama signed an executive order to create the world’s most powerful
supercomputer. But despite a massive focus on technological development, the United States
is far from the most technologically advanced country. So, what ARE the most technologically
advanced countries?
Now, some studies list internet speed, or social media use as measures of advancement.
But technologically powerful countries are only possible through a combination of research,
development, scientific talent, and innovation. Luckily, CityLab created a Global Technology
Index combining all of these metrics.
First on the list is Finland. Finland happens to be the birthplace of one of the largest
mobile phone producers and innovators, Nokia. But more importantly, they also spend 3 and
a half percent of their GDP on technological research and development. This amounts to
nearly 10 billion dollars a year. By comparison this is the same percentage that the United
States spends on their military. Finland also has the highest number of scientific and engineering
researchers per capita, along with one of the best educational systems in the world.
Their advancements in biotechnology and clean energy speak to the importance of tech in
shaping our actual, everyday lives.
Next on the list is Japan. Japan is well known for its contributions to the technological
revolution. Much of this success can be attributed to government allocation and investment during
the mid to late 20th century. Japan’s Ministry of International Trade and Industry involved
Japan in early semiconductor development, while keeping foreign competition away and
exchange rates low. This put them ahead of the rest of the world, and resulted in a long
reign of dominating semiconductor and microcontroller sales. Today, Japan is one of the leading
tech innovators, with the second highest number of patents per capita.
In third place is the United States. While the US is first in patents per capita, it
is better known for hosting the world’s biggest tech companies. 8 of the top 12 by
revenue are based in the US, with a COMBINED revenue nearing a trillion dollars. Nearly
all 20th century, world-changing tech developments, like nuclear energy, integrated circuitry,
even the internet itself, were developed through US defense spending. But despite accounting
for a third of the entire world’s technology budget, there are a number of reasons the
US doesn’t take home the gold. First and foremost is the monopolistic lack of internet
access and speed due to under regulation of internet service providers. The US also falls
way behind in science and technology education, ranking average and below average compared
to other OECD countries. Most importantly, however, the US has massively reallocated
their military budget away from science and tech research. That money instead goes towards
expenditures like the department of homeland security.
It is clear that today’s tech landscape is rapidly changing. New technologies are
springing up all over the world, and the entry barrier is as low as it has ever been. It
will certainly be interesting to see which countries will come to dominate the technologically
advanced future.
Finland might be the most technologically advanced country - but it doesn’t have the
fastest internet. To learn which country has the best connection, check out our video now.
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