U.S. Government Comes Out Swinging Against Big Tech

(RoyalPatriot.com )- This country faces a substantial technical challenge for the first time in decades. If China wins the technology race with the U.S., it will affect our economy, political system, personal liberty, global relations, and national security. The government, academia, and the private sector must work together to counter China’s technological ambitions. It would also need Congress to reassess its attempt to hobble the nation’s most innovative advanced technology businesses to address antitrust concerns.

Great-power competitors challenge the U.S. China’s rising economy, military, and high-tech sector threaten American global preeminence and the international order.

China’s ambition to develop breakthrough dual-use technology is a major U.S. issue. AI, machine learning, quantum technologies, 5G, microelectronics, extended reality, cybersecurity, and IoT.

The nation that leads in these technologies may define its norms. The debate is whether the world should be ruled by liberal democratic or Chinese ideals.

The Chinese government is intent on dominating advanced technology.

Unlike China, the U.S. lacks a national plan to pursue innovative technologies and foster private enterprises specializing in their development and application. This country primarily depends on many huge, vibrant high-tech businesses to create future innovations, notably Amazon, Meta, Alphabet, Apple, and Microsoft.

If China wins the race to harness these superior technologies, the world will be altered and not favorable to American interests and values. China’s digital despotism might spread globally. China might employ national champions to lock the U.S. out of crucial technical fields and become the world’s preeminent military force.

The legislation will hurt the U.S. high-tech sector, economy, and security. These corporations have extended opportunities, fostered entrepreneurs, and supported national security. Big Tech’s emergence has spurred competition.

National security experts agree that limiting U.S. high-tech enterprises’ capacity to compete with China threatens national security. Bipartisan former national security officials warned Pelosi and McCarthy about antitrust legislation last year.

Elon Musk, a visionary and inventive tech leader, stated it best. He warned of China’s ascent and the U.S. inclination to hurt its own competitiveness in a recent column.

He said we’re going to witness with China, for the first time anyone can remember who is alive, an economy twice or three times the size of the U.S.

Musk said we should cease fighting among ourselves in the U.S. Too much of America hitting itself in the face is silly; we must be competitive.

Legislators and government officials must understand the importance of the private sector’s ecosystem in promoting U.S. technology like AI and augmented reality.

The government isn’t driving innovation and investment. Congress must avoid policies that would hurt the U.S. high-tech industry.