Channels
Log in register
piqd uses cookies and other analytical tools to offer this service and to enhance your user experience.

Your podcast discovery platform

Curious minds select the most fascinating podcasts from around the world. Discover hand-piqd audio recommendations on your favorite topics.

You are currently in channel:

Technology and society

Elvia Wilk
Writer, editor
View piqer profile
piqer: Elvia Wilk
Thursday, 22 March 2018

If Chinese Trade Is Blocked, US Tech Companies Can Only Lose

China is surging ahead in the tech sector, to the extent that the previous chairman of Alphabet (Google's parent company) said: 

“By 2025 they will be better than us. By 2030 they will dominate.”

Various unexpected collaborations have been emerging between US and Chinese tech companies, with Silicon Valley anxious to keep up. And yet the current US government is attempting to block trade and investment between the two countries. Silicon Valley corporations are at risk of losing billions due to a recent bill put forth by Senator John Cornyn and Dianne Feinstein, which would cut off foreign investment in the US tech sector in particular. 

After years of cooperation, Capitol Hill and Silicon Valley are, increasingly, at odds.”

Not only will dollars be lost by American companies, but advancements borne of cross-collaboration will be cut short if the bill goes through. China, with its massive amounts of smart phone users and huge amounts of data collected, clearly has the upper hand when it comes to tech like machine learning and image recognition. Isolationism comes with a heavy fine. 

If Chinese Trade Is Blocked, US Tech Companies Can Only Lose
6.7
One vote
relevant?

Would you like to comment? Then register now for free!

Stay up to date – with a newsletter from your channel on Technology and society.