Dangers of state-backed Chinese tech companies: Eric Schmidt and Jared Cohen in The New Digital Age
In the forthcoming book “The New Digital Age” (out this spring) Google’s head honcho Eric Schmidt has predicted the future digital dominance of China across our planet and hits out at state-funded cyber-crime in China. He also added the Chinese are an online ‘menace.’
Just this week, both The Wall Street Journal (WSJ) and New York Times (NYT) claimed they had fallen victim to hacks from China and then Twitter disclosed approximately a quarter of a million of its users may have been compromised in a hacker attack.
The Wall Street Journal’s Tom Gara snagged a preview of an upcoming book co-authored by Google Executive Chairman Eric Schmidt and the company’s Jared Cohen.
It claims China is “the world’s most active and enthusiastic filterer of information,” “the most sophisticated and prolific” hacker of foreign firms in addition to “China is the most dangerous superpower on Earth”.
According to the book, such cooperation puts the US at an economic and political disadvantage since “the United States will not take the same path of digital corporate espionage, as its laws are much stricter (and better enforced) and because illicit competition violates the American sense of fair play.”
In addition to giving North Korea a what-for, Eric Schmidt and Cohen also warned of the dangers of state-backed Chinese tech companies spreading their influence in the West
“Where Huawei gains market share, the influence and reach of China grow as well,” the book said.
The Mountain View, California-based company’s executive chairma Schmidt and Cohen wrote: “The disparity between American and Chinese firms and their tactics will put both the government and the companies of the United States as a distinct disadvantage.
“The United States will not take the same path of digital corporate espionage, as its laws are much stricter (and better enforced) and because illicit competition violates the American sense of fair play.”
From the “irrelevance” of anonymity to some juicy thoughts on Twitter, the Wall Street Journal published some thought-provoking quotes from the book slated to be released in April.
On Twitter “Twitter can no more produce analysis than a monkey can type out a work of Shakespeare.”
Do you agree with @ericschmidt “Twitter can no more produce analysis than a monkey can type out a work of Shakespeare.”?
— Amarendra Bhushan(@ceoworld) February 3, 2013