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At the cutting edge of sth vs On the knifeedge of sth

at the cutting edge of something —(also: on the cutting edge of something ) involved in the most advanced developments in a particular field:

  • It is unrealistic to expect to be at the cutting edge of the fashion industry for anything longer than fifteen years.

on the knife-edge of something —(also: on the razor’s edge of something ) on the brink of smth. bad or dangerous:

  • The expansion of trade hasn’t closed the gap between those who live on the cutting edge of the global economy and the billions who live on the knife-edge of survival.