US major investment in domestic technology will challenge China


The US is investing billions to challenge China – but at the same time wants to ban government employees from using the Tiktok app.

The US Senate has now given the go-ahead for a gigantic investment that will make the American technology sector more competitive with China. With 68 votes to 32, a package of 190 billion dollars (equivalent to over 1,500 billion kronor) was voted through. The money will, among other things, go to research.

In addition, the Senate gives the green light to earmark an additional $ 54 billion, close to $ 450 billion, for semiconductor manufacturing and research and telecommunications equipment.

The investment follows in the footsteps of China’s goal of becoming less dependent on the outside world, something that Ny Teknik wrote about earlier this spring. For China, it was a five-year plan with a special focus on areas such as artificial intelligence, brain research, genetics, deep-sea research, space research and polar research.

Hard line against China unites senators

The desire to take a hard line against China is one of the few issues that unites US senators across the party line. Next, the House of Representatives will take a position on the proposal, known as the United States Innovation and Competition Act (USICA). If it is yes also in the House of Representatives, it will be forwarded to President Joe Biden, who has so far expressed himself in positive terms.

In addition to research grants, the proposal contains some restrictions on Chinese technology. Among other things, a ban is proposed for government employees to download the Tiktok app on their work mobiles.


Source: Nyteknik – Senaste nytt by www.nyteknik.se.

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