Big Tech Is the Next Space Race, and the US Is Already Losing

July 04, 2018

In 1957, the Soviet Union launched Sputnik 1, and the U.S. government freaked out. The Sputnik crisis, as it was called, launched the international space race, and the U.S. threw billions of government dollars into aerospace and military projects to keep up with the Soviet Union. A new report by the Atlantic Council claims that now, in 2018, we should be in the middle of another Sputnik crisis, but this time over the possibility that Chinese companies might soon out-tech Silicon Valley and the entire U.S. technology sector.