Biden sanctioned Chinese chips exports
Last Friday, the Biden administration issued a bombshell, in the dry bureaucratic language of export control regulation. In an interim final rule filed by the Commerce Department’s Bureau of Industry and Security, a set of rules called the Export Administration Regulations (EAR) were amended “to implement necessary controls on advanced computing
( Read more... )
wsj pointed out earlier hard to convince capital to follow national security, kinda like grantham devel's bargain that cost of capital doesn't account for common sense
Reply
Reply
yeah that lowers your cost of capital but doesn't solve fundamental discounting issue that in the long term we all dead (at certain period terminal value is zero) // solution here is complete regulation, ie government decides where to buy and where to invest or 'natural monopoly style' which might be constitutional doubt can work with leading edge tech. Historically there was a case of nuclear research & industry which (the case) was very easy to build during the actual war, now AI/ML at the stage hard to show it's =a national security threat
Reply
A slippery slope for sure but we're navigating many of those last 15 years.
China can at any point take over or destroy the advanced chips manufacturing in Taiwan. What will we do in this case?
Sometimes you gotta do what you gotta do.
Reply
Я слегка обрезал цитату, чтобы выделить лишь нужное нам сейчас. Два века назад люди уже всё поняли.
Reply
Leave a comment