The result, of course, is that China is capturing ("picking") the industrial ecosystems for the industries of the future.
Our industrial policy should be about nurturing the industries of the future, rather than protecting the industries of the past.
Banking and football are the industries of our age.
Instead, the industries of "wellness" look most likely to prosper.
We must invest in the industries of the future.
And the industries of the past have armies of lobbyists in place right now; the industries of the future don't.
Governments have historically always subsidised energy industries, so you would think you would want to subsidies the industries of the future rather than the industries of the past".
The answer is to re-skill them for the industries of the future: clean, sustainable energy.
By 2030, they will dominate the industries of A.I.," he said.
If you or I could predict what the industries of the future were, we'd be billionaires.
"We are producing the work force of the future in the industries of the future.
