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US Likely Not to Soften Its Measures Against China’s AI and Technology

TL;DR

  • The US government remains firm in its stance against China’s tech and AI efforts.
  • The US recently imposed new sanctions on advanced chips, saying China’s growing tech capabilities pose a threat.
  • Chinese official media, such measures contain high-quality development in China, as the country largely depends on tech.

It appears the Biden administration will continue to contain China’s tech and artificial intelligence progress, despite the recent between President Xi Jinping and U.S. President Joe Biden. 

US Says Its a Matter of National Security

Last month, the US government announced a series of new export controls aimed at curbing China’s access to advanced semiconductor technology. The measures were deemed necessary for national security, with the US arguing that China could leverage its growing artificial intelligence and technological capabilities for military applications. 

During the Biden-Xi meeting, both leaders reached an agreement on certain matters, such as cracking down on fentanyl exports and resuming military communication channels. However, there wasn’t much progress in getting the US government to soften its export controls of semiconductors to China. 

“The two leaders were at fundamental odds on that issue: What Mr Xi sees as economic strangulation, Mr Biden sees as an issue of national security,” says New York Times journalist David Sanger. 

From the look of things, it’s apparent that the US government holds still on its stance towards national security and is likely not to back down from the restrictive measures against China’s AI and tech ecosystem. 

Prior to the meeting, a bipartisan Congressional commission formed to monitor the national security implications of the US-China economic relationship asked Congress to permit an annual assessment of how well export controls are working and to what extent the United States allies are cooperating in containing China’s access to semiconductors.

Stifling Tech Progress Hurts China The More

The situation bites harder on China, whose development is largely dependent on technological innovations. “[…] Stifling China’s technological progress is nothing but a move to contain China’s high-quality development and deprive the Chinese people of their right to development,” Chinese official media stated.

The long-term impact of US new export controls on China is a subject of much speculation. However, it’s not far-fetched that these measures have the potential to significantly disrupt the global semiconductor supply chain. Some experts had criticised the move, saying it could damage the global semiconductor industry and ultimately hurt the US economy.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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Ibiam Wayas

Ibiam is an optimistic crypto journalist. Five years from now, he sees himself establishing a unique crypto media outlet that will breach the gap between the crypto world and the general public. He loves to associate with like-minded individuals and collaborate with them on similar projects. He spends much of his time honing his writing and critical thinking skills.

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