Technology, Economics, And Governance News Roundup | September 9 – 23
Rachel Moltz
Mon, 09/26/2022 – 16:52
In this week’s edition, Biden abandons strategic ambiguity toward Taiwan, CNAS publishes policy recommendations for industrial policy for semiconductors, the EB-5 visa program restarts with increased oversight, and the White House releases a new cybersecurity memo. Additionally, the Pentagon allocates $1.2 billion toward the biomanufacturing industry, Uber attributes the breach of their systems to Lapsus$, and Twitter expands researchers’ access to operations data.
Industrial Policy & International Security
Rewire: Semiconductors and US Industrial Policy | CNAS
In this report, Chris Miller, author of Chip War: The Fight for the World’s Most Critical Technology analyzes the history of industrial policy toward semiconductors to make recommendations for today’s US government. He argues that increasing government investment in the semiconductor industry is insufficient to produce the sort of economic and national security results required to outcompete China. Miller suggests that the US government focus industrial policy on four objectives: promoting technological advances; guaranteeing resilience and integrity of supply; retaining control of choke point technologies; and working with allies to retain US technological advantage over China. Developing effective policies to support these objectives will require that decision …read more
Source:: Hoover Institution