Your answers to question must be based on the text below which is entitled “The Knowledge Race”:

The Knowledge Race
Source: Newsweek Special Edition
Dec 2006 – Feb 2006 (Adapted)

There are losers in every race, but let not the worries over who is winning and losing the knowledge race obscure the more powerful underlying dynamic: knowledge is liberating. It creates the possibility for change and improvement everywhere. It can create amazing devices and techniques, save lives, improve living standards and spread information. Some will do well on one measure, others on another. But on the whole, a knowledge-based world will be a healthier and richer world.

The caveat I would make is not about one or another country’s paucity of engineers or computers. These problems can be solved. But knowledge is not the same thing as wisdom. Knowledge can produce equally powerful ways to destroy life, intentionally and unintentionally. It can produce hate and seek destruction. Knowledge does not by itself produce good sense, courage, generosity and tolerance. And most crucially, it does not produce the farsightedness that will allow us all to live together – and grow together –on this world without causing war, chaos and catastrophe. For that we need wisdom.

The author intends to make a caveat in relation to the distinction between knowledge and wisdom. Thus, he is posing