I was watching BBC's excellent programme Click the other day on BBC News and it reported that South Korea is the world's most wired-up nation with incredible existing speeds of 100 MB per second for broadband.
In the report it talked of how wi-fi is expected in South Korea and how the current government are spending £19 billion on upgrading the network.
The dream for South Korea is for 1GB per second speeds! They are aiming not for 2020 or some far off date but 2012!
What does this say about how some countries are speculating and investing in their countries future and infrastructure, while at present our coalition are looking for ways to slash public spending.
Investing in technology is the way James Dyson - the millionnaire inventor of the bagless vaccum cleaner - believes we have to take on the Asian Tiger Economies in the 21st Century. We can't compete on price of labour or manufacturing, but we can compete in the service sector and in technology. But we have to spend in research and development... and spend training our young people.
If we are not growing and developing our skills as a nation, then we are set for a very difficult next 20 years, regardless who is in power in Westminster or Holyrood for that matter!
Read the full article here: http://news.bbc.co.uk/1/hi/programmes/click_online/9093991.stm
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