Senior business executives, researchers and industry leaders from some of China's major tech giants and US Silicon Valley companies met last weekend in Mountain View, western California, to decode innovation and game-changing technologies such as artificial intelligence (AI) and big data that power social and economic life.
China has in recent years outspent the U.S. by $24 billion in the area of next-generation mobile internet technology known as 5G, potentially creating a "tsunami" that will be difficult to catch up with, according to a Deloitte study published Tuesday.
Complaints about Chinese acquisition of Russian rocket technology have become a common refrain in Russian state media. (The Kremlin exercises heavy influence over Lenta.ru’s editorial decision-making, like many of the country’s media outlets.) China is now close to a working copy of the Soviet-designed yet still effective RD-180 rocket engine, due to what Russia has painted as a multi-decade ripoff of its technology.
China’s progress towards its goal of becoming the world’s leader in AI by the year 2025 remains unchecked. While its efforts still lag behind the US, thanks to the likes of Google and Microsoft, there’s an alarming amount of research indicating the gap is shrinking.
After World War II, the American foreign-policy establishment was caught up in an intense debate: “Who lost China?” Someone had to be blamed for Mao’s takeover. Today we are hearing the stirrings of a new debate: “Who lost China a second time?” China is marching toward global technological leadership and increasingly challenges the United States both economically and militarily in what Michael Lind has termed Cold War II. Who was responsible for letting this happen?
"Speed is of the essence in the digital age," said Lt. Gen. VeraLinn "Dash" Jamieson, deputy chief of staff for intelligence, surveillance and reconnaissance on the Air Staff at the Pentagon. She painted a grim picture: While "great instigator" Russia has the desire to do ambitious experiments with A.I., China already has the means.
The John S. McCain National Defense Authorization Act, which must also be approved by the Senate, passed the House by a vote of 359-54. While the measure puts controls on U.S. government contracts with ZTE Corp and Huawei Technologies Co Ltd because of national security concerns, the restrictions are far weaker than initially drafted.
“As China continues to challenge United States hegemony, it is imperative that our institutions of higher education collaborate effectively with” the government to “ensure that sensitive, academic-rooted R&D is protected and is not being exported to near-peer competitors,” U.S. Sen. John Cornyn, R-Texas, and six of his colleagues said in a July 18 letter to the House and Senate Armed Services committees advocating for the change.
"Foreign economic and industrial espionage against the United States continues to represent a significant threat to America's prosperity, security and competitive advantage," the National Counterintelligence and Security Center said. "China, Russia and Iran stand out as three of the most capable and active cyber actors tied to economic espionage and the potential theft of U.S. trade secrets and proprietary information."
For the first time, the Chinese venture capital (VC) market has surpassed the U.S. VC market in total dollars invested in Q2 of 2018, according to Crunchbase. Driven by mega rounds and strong corporate VC, Chinese startups were able to raise more VC money in Q2’18 than their American counterparts.