{"id":2044,"date":"2024-11-18T14:32:14","date_gmt":"2024-11-18T14:32:14","guid":{"rendered":"https:\/\/thevoiceofworldcontrol.com\/?p=2044"},"modified":"2024-11-18T14:32:14","modified_gmt":"2024-11-18T14:32:14","slug":"the-humorous-chronicle-of-uncle-sam-slamming-the-investment-door-on-certain-chinese-ai-startups","status":"publish","type":"post","link":"https:\/\/thevoiceofworldcontrol.com\/?p=2044","title":{"rendered":"&#8220;The Humorous Chronicle of Uncle Sam Slamming the Investment Door on Certain Chinese AI Startups&#8221;"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/thevoiceofworldcontrol.com\/wp-content\/uploads\/2024\/11\/output1-13.png\" \/><\/p>\n<h6><i>&#8220;Why the US Government Banned Investments in Some Chinese AI Startups&#8221;<\/i><\/h6>\n<p>\n&#8220;In a 1975 lecture that was published eight years later\u2014and became famous in technology circles\u2014Xerox PARC computer scientist and Turing Award winner Alan Kay predicted the rise of an artificially intelligent agent.&#8221; Yes, you read that right. 1975. Forty-six years ago, and here we are, still fussing about AI.<\/p>\n<p>Let&#8217;s face it &#8211; ambitious predictions about the rise and impact of AI aren&#8217;t new. They&#8217;re almost like a tech clich\u00e9 at this point. But despite the buzz and the hype surrounding AI, you&#8217;ve got to admit, the way this digital juggernaut has infiltrated almost every sphere of life is still quite impressive. And just like you&#8217;d expect with any force that&#8217;s changing the world as we know it, AI is in the crosshairs globally, with every major power trying to stake their claim and leg-up their Intel.<\/p>\n<p>Plot twist &#8211; the United States Treasury Department has some concerns about investments flowing from China into US artificial intelligence companies. *Gasp* Wasn&#8217;t that just totally unpredictable? As if issues like trade imbalances and intellectual property disputes weren&#8217;t enough of a spot-of-bother in the China-US dynamics, now there&#8217;s a plotline involving AI investment. Riveting, really.<\/p>\n<p>Alright, chin up. There&#8217;s some serious stuff to discuss here. The Treasury Department, under its newfound powers from the Foreign Investments Risk Review Modernization Act (FIRMA), is showing concern about China&#8217;s technological escapades, particularly related to artificial intelligence. FIRMA, which is just another boring government acronym, does something quite critical &#8211; It gives Uncle Sam the power to review and potentially block certain foreign investments. And it turns out, AI is right atop their watch-list.<\/p>\n<p>But that\u2019s not all. The Defense Innovation Unit, the Pentagon&#8217;s tech outreach office, has been taking notes too. With some strategic maneuvers, the US might just keep the upper hand in the AI race (or at least that&#8217;s what they&#8217;re hoping for).<\/p>\n<p>So, what does all this mean for tech giants and startups? Well, clearer skies and less China-fueled turbulence, perhaps. The treasury\u2019s move could possibly lead to more scrutiny of Chinese investment, potentially reducing competition for American AI-focused startups and companies. For the heavily AI-reliant tech bros, that could be a silver lining.<\/p>\n<p>So there you go. More legislation, increasing scrutiny, bizarre politics, and the ever-looming shadow of AI. One thing&#8217;s for sure &#8211; in this AI-infused future, it&#8217;s either adapt or become obsolete. But hey, no pressure, right?<br \/>\n<\/p>\n<p><a href=\"https:\/\/www.wired.com\/story\/treasury-outbound-investment-china-artificial-intelligence\/\">Read the original article here: https:\/\/www.wired.com\/story\/treasury-outbound-investment-china-artificial-intelligence\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;In 1975, Alan Kay foresaw today&#8217;s digital whirlwind of AI advancements. Funny, as we still seem caught up in a globally competitive AI tech-nado. No biggie.&#8221;<\/p>\n","protected":false},"author":1,"featured_media":2043,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-2044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","bwp-masonry-item","bwp-col-3"],"acf":[],"_wp_page_template":null,"_edit_lock":null,"_links":{"self":[{"href":"https:\/\/thevoiceofworldcontrol.com\/index.php?rest_route=\/wp\/v2\/posts\/2044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thevoiceofworldcontrol.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thevoiceofworldcontrol.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thevoiceofworldcontrol.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thevoiceofworldcontrol.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2044"}],"version-history":[{"count":0,"href":"https:\/\/thevoiceofworldcontrol.com\/index.php?rest_route=\/wp\/v2\/posts\/2044\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thevoiceofworldcontrol.com\/index.php?rest_route=\/wp\/v2\/media\/2043"}],"wp:attachment":[{"href":"https:\/\/thevoiceofworldcontrol.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thevoiceofworldcontrol.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thevoiceofworldcontrol.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}