As AI accelerates, the race for dominance in chips, AI, and code could reshape global power dynamics, George Chen, Managing Director and Co-Chair of the Digital Practice at The Asia Group, told CNBC at East Tech West 2025.
“Technology is also a people business,” he said, pointing to the growing trend of Chinese and Indian engineers leaving Silicon Valley and returning to their home countries. “Give it 10 years — or even less — and the entire industry landscape could be completely transformed.”
With the U.S. putting pressure on China, Chen says Beijing is doubling down on self-reliance. Once China has both a DeepSeek-level software and a hardware rival to Nvidia, he says, it could offer a full-stack solution to Belt and Road Initiative countries — and that would be game-changing.
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Video at Youtube: https://www.youtube.com/watch?v=z7RtSSMxCvc