At a gathering of current and former U.S. officials and private-sector executives Friday in Washington, concern was rampant that the United States has fallen behind China in the development of several key technologies, and that it faces an uncertain future in which other countries could challenge its historic dominance in the development of cutting-edge communications and computing technology.

The gathering was convened by the Special Competitive Studies Project, an effort spearheaded by former Google CEO Eric Schmidt, the stated purpose of which is "to ensure that America is positioned and organized to win the techno-economic competition between now and 2030, the critical window for shaping the future."

Among attendees, the prevailing sentiment was that the nation's ability to actually win that competition was under threat.

Dire predictions

A few days before the summit, the SCSP issued a report predicting what would happen if China became the global technological leader.

"Understanding the stakes requires imagining a world in which an authoritarian state controls the digital infrastructure, enjoys the dominant position in the world's technology platforms, controls the means of production for critical technologies, and harnesses a new wave of general purpose technologies, like biotech and new energy technologies, to transform its society, economy and military," the report said.

FILE - China's President Xi Jinping is shown during the World Internet Conference in Wuzhen, Zhejiang province, China, Nov. 23, 2020.

The report envisions a future where China, not the U.S., captures the trillions of dollars of income generated by the new technological advances and uses its leverage to make the case that autocracy, not democracy, is the superior form of government.

In the report's grim vision, China promotes the concept of a "sovereign" internet, where individual countries limit the flow of information to their people, and where China develops and possibly controls the key technology supporting critical infrastructure in countries around the world.

Finally, the report warns that under such a scenario, the U.S. military would lose its technological lead over China and other competitors, and China might be in a position to cut off the supply of "microelectronics and other critical technology inputs."

'Nothing is inevitable'

In an address to the summit, White House national security adviser Jake Sullivan appeared to agree that the nation faces significant challenges in keeping pace with China in the development of new technology.

"We know that nothing is inevitable about maintaining America's core strength and competitive advantage in the world," Sullivan said. "And we know that it has to be renewed, revitalized and stewarded, and that is especially true when it comes to U.S. technological leadership."

In China, he said, "we're facing a competitor that is determined to overtake U.S. technology leadership and is willing to devote nearly limitless resources to do so."