Coding is the future 'not coal and steel' - Sir Terry
Creating an "internet coast" in south west Wales to drive the digital future of energy, technology and healthcare is at the heart of a £500m city deal plan.
Swansea Bay City Region's chairman Sir Terry Matthews aims to transform these sectors in the same way the internet changed telecommunications.
The blueprint is to create up to 33,000 jobs over the next 20 years.
A fibre-optic transatlantic cable from New York to Oxwich Bay would be a "game changer" to bring ultrafast broadband.
Sir Terry, speaking from Canada, said workers in the Swansea region needed to learn coding and could not rely on heavy industry as they had in the past.