Faiz said the Americans have fallen behind other nations, including China and India, in technology and innovation. This is because their kids are not taking up science and technology subjects and are instead opting for social sciences and liberal arts. Pakistan must learn from the failure and success of other nations, he added. He also said that technology has provided a level playing field and now access to knowledge is available for every person. In this scenario, Pakistan must not miss the opportunities as it did in the past industrial revolutions. Dr Arshad said that talent needs to be nurtured. However, the lack of vision and initiative at the government level is the biggest challenge, which can be overcome by the vibrant private and development sector of the country.