Japan was touted to take over the world in the 1980s, to become the number one economy. And Francis Fukuyama wrote the book, The End of History. Japan was the most innovative country in the world. Japan was in everything, everywhere. Consumer electronics, household equipment and machine, office machine, automobiles and whatever, machine, machine tools, ...
Where is Japan today? Consumer electronics, household equipment, office equipment, mobile phones, are now being replaced by South Korea and China. Automobiles are going the way of GM, Ford, Chrysler, the way of British motor industries, the way of German automobile industries. What is there left for Japan?
The Chinese EV industries are everywhere, and the ICE automobiles are going nowhere. The Toyotas, Hondas, Mitsubishis, Nissans...will be history soon. Automobiles are the biggest Japanese exports but turning into irrelevant, obsolete.
The world is now about semiconductors, high end chips and AI. When is Japan in these fields? Japan may still be a player in semiconductors and chips, but only a small player. Japan is just another small player in the game. In AI, Japan is never mentioned. Japan is not a player in AI, the next industrial revolution. What happens to the innovative and creative Japanese in AI when it used to be the key player in practically every industry in the 1980s. Japan is now no longer a player, not in AI.
What is there left for Japan to make a living from trading with the world when it is being eclipsed in practically all industries it used to lead? What happens to Japan Number One? What Fukuyama did not get it wrong is the part about the end of history. It is The End of History for Japan. Japan is no longer the innovator, the champion, the country that every country wants to beat and emulate. Japan is History. The economic miracle, the industrial giant of the 1980s is now a midget, a non player, the Missing Link in AI. No one will miss the participation of Japan in AI. There is no Japanese software or hardware to talk about. There is no Japanese in the Who's Who in AI. The only thing related to AI in Japan is computer games, Nintendo, Sega and Sony. Oops, Sony is now a Chinese company. Japan can continue to play games with their computers. That is what is left of Japanese innovation.
The Rising Sun has forgotten to rise...more like a sunset.