How to Meet the Strategic Challenge Posed by China - Imprimis
...The Chinese play very dirty. One of the issues raised in the Trump administration’s recent National Security Strategy is forced technology transfer. That is, if Intel wants to get access to the Chinese market—the biggest chip market in the world—China requires Intel to divulge everything it knows...
...we did virtually all of this through the Defense Advanced Research Projects Agency and NASA, in cooperation with the great corporate laboratories....the impact of the new technologies we were researching, once they were commercialized, would generate more tax revenue than we’d spent on R&D. ...
...Starting with the Clinton administration, we came to believe we were so powerful that we didn’t have to invest in national defense and new technologies. Investment went into the Internet bubble of the 1990s, as if downloading movies was going to be the economy of the future...to develop weapons that are better than those of our rivals, that we get the best kind of innovation. So the government has a role—a critical role—in meeting the Chinese challenge.
Monday, April 9, 2018
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