Some are opposed to removing American investment power from China, while Hawks argue the rule is “long overdue” and insufficiently comprehensive.
The rule requires Americans to inform the government of their connection in certain China-based companies and forbids U.S. support of others.
It limits and keeps an eye on US investments in computer chips, artificial intelligence, and quantum computing—all of which have use in both the commercial and defense industries.
Elon Musk wants people to send his AI chatbot, Grok, their medical scans.
The rule aims to restrict access to “countries of concern” such as China, which includes Macao and Hong Kong.
funds to support the creation of advanced technologies that they could use for their own military, such as fighter jets and next-generation missile systems. It will go into effect on January 2.
According to Paul Rosen, assistant secretary of the Treasury, artificial intelligence, semiconductors, and quantum technologies are essential to the creation of the next generation of military, surveillance, intelligence, and some cybersecurity applications, such as advanced code-breaking computer systems or next-generation fighter jets.
“This final rule takes specific and tangible steps to prevent those who could utilize U.S. investment to further the development of critical technology to endanger our national security from doing so.
