What Are The Most Technologically Advanced Countries?

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. Thanks for watching TestTube News and please

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