Without focusing on innovation and future industries, tech leadership by the G7 is no longer guaranteed, Lehne said.
Tech advances are reshaping the global economy, with industries such as AI, automation, and clean energy relying on a STEM-skilled workforce. As a result, countries investing in science, technology, engineering and math (STEM) education and training will drive growth; those that don’t may fall behind, according to the report.
The G7 has already seen the effects of reduced competitiveness this year, with the US’s “Magnificent Seven” (Apple, Microsoft, Amazon, Nvidia, Alphabet, Meta, and Tesla) losing $1.5 trillion in market value since the start of 2025. The companies saw similar losses in just a few days last year as well.
This story originally appeared on Computerworld