The writer, the former chief executive and chairman of Google, is co-founder of Schmidt Futures
In a world where computing technology is key to innovation and competitiveness, strong digital infrastructure is paramount to economic vitality and national security. Investing in 5G mobile telecommunications networks should be an urgent priority of the US and its allies — particularly as the main geostrategic rival, China, is already far ahead.
Last month’s spectrum auction by the US Federal Communications Commission, which raised a record-breaking $81bn, is being celebrated as a win for 5G. In fact it is a digital setback that America and its allies can ill-afford.