Comment on Joe Biden’s new chip export rules strangle competition to ensure U.S. AI supremacy

Joe Biden’s new chip export rules strangle competition to ensure U.S. AI supremacy

Free markets apparently don’t mean anything unless the U.S. is in the driver’s seat. America, a country built on the principle of free markets, has decided to shut off around 120 countries from accessing the most valuable element that is powering the free market at present. But the United States has a global dominance in the fast-moving world of AI to defend—and that apparently means some core principles of the country can be compromised.

 

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