- Japan tends to make social and economic advancements in huge leaps, and it is due for a new one
- The country wants to focus on life sciences, IoT, robotics, AI and big data.
- Cultural factors make it likely to succeed
Japan’s socioeconomic and cultural development tends to happen in leaps and bounds. Today, the country is once again at the dawn of a new age: the transformation of life sciences, the Internet of Things (IoT), artificial intelligence (AI), robotics and big data.
Japan’s track record in these areas has been mixed, with a traditional strength in robotics but weaknesses in AI and big data. Prime Minister Shinzo Abe has made them a focus of his economic agenda, and they will all benefit from cross-fertilization. Cultural factors unique to Japan should also play an important role in developing these technologies, giving the country several advantages over its competitors.