There’s a tech turf war smoldering, the result of which could create a new world order and redraw geopolitical alliances. That’s according to Abishur Prakash, a geopolitical futurist at Center for Innovating the Future and author of our books, including Next Geopolitics: Volume 1 and 2.
“This is the new status quo, geopolitics. Tech is now driving things,” he said in an interview with Yahoo Finance’s On The Move.
The power struggle is evident, said Prakash, as the U.S. and China face-off in a proxy war over social media app TikTok, currently owned by Chinese tech giant ByteDance, which is working with U.S. regulators to resolve outstanding security concerns over its planned sale of the popular app.
“If we look at the deal between TikTok and Oracle (ORCL) and Walmart (WMT), a key focus of that deal is data, where will data be stored,” he said, with privacy