Finance
China’s tech advances are causing chaos from Silicon Valley to the White House
Guardian Business ·
New AI models, advanced robots and specialty computer chips are unsettling markets and the US tech industry Over the past month, a series of advancements in China’s artificial intelligence, chip manufacturing and…
New AI models, advanced robots and specialty computer chips are unsettling markets and the US tech industry
Over the past month, a series of advancements in China’s artificial intelligence, chip manufacturing and robotics technologies have rattled financial markets, caused divisions among US tech moguls and left the Trump administration scrambling to respond.
Silicon Valley has long pointed to China’s tech industry as a competitive threat and used its growth as rationale for why US firms should not face regulatory oversight that could slow them down. In recent weeks, however, China’s progress has pushed US tech CEOs past vague warnings and into open disagreement over how to address Chinese-made products upending their industry.
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