Computerworld.com reported that “The US government has announced new rules restricting investments in China’s AI and other tech sectors deemed threats to national security, expanding the existing restrictions that were so far limited to exports. They focus on three critical areas: semiconductors and microelectronics, quantum information technologies, and certain AI systems.” The October 29, 2024 report entitled “US finalizes curbs on investment in AI and critical technology in China” (https://www.computerworld.com/article/3593646/us-finalizes-curbs-on-investment-in-ai-and-critical-technology-in-china.html) included these comments:
The US already restricts or bans the export of many technologies covered by the new rules to certain countries. The new program complements existing export controls and inbound screening measures by blocking US investments from aiding the development of sensitive technologies in countries of concern, the Treasury added.
Fueling the trade war
This marks the latest development in the ongoing trade war between the US and China, which has already witnessed numerous restrictions.
Analysts are skeptical of the policy’s impact, cautioning that it may further intensify tensions and stifle innovation and growth.
What do you think about AI in China?
First published at https://www.vogelitlaw.com/blog/do-you-think-its-a-good-idea-for-the-us-to-curb-investment-in-ai-in-china