Tuesday, June 2, 2020

GOP Lawmakers Craft Plan to Battle China in Emerging Tech — Adam Kredo

The United States is falling behind China when it comes to emerging technologies such as artificial intelligence and quantum computing, according to Rep. Cathy McMorris Rodgers (R., Wash.), who told the Washington Free Beacon she is working on a package of legislative measures that would boost public-private partnerships to ensure the United States does not lose its competitive edge in these markets.
As China invests $1.4 trillion over the next five years to dominate the field of cutting-edge technologies, the United States must create its own plan to foster innovation in this area, McMorris Rodgers said. Her plan, which is garnering support among House Republicans, would increase federal research into new technologies and remove much of the bureaucratic red tape currently restraining the private sector. While the United States cannot compete by throwing money at the problem, it can eliminate many of the restrictions that have prevented the federal government from partnering with private tech startups already making inroads into these technologies....
Interesting that it is the GOP, the champion of economic liberalism and the enemy of big government and government intrusion in the economy is spearheading this.

Washington Free Beacon
GOP Lawmakers Craft Plan to Battle China in Emerging Tech
Adam Kredo

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