China has a "stunning lead" over the US:
The Biden administration might be limiting China's ability to manufacture advanced chips, but according to an independent think tank, the Asian nation is still ahead of the US when it comes to research in 37 out of 44 crucial and emerging technologies, including AI, defense, and key quantum tech areas.
Insider reports that the Canberra-based Australian Strategic Policy Institute (ASPI) believes China has a "stunning lead" over the US when it comes to high-impact research across the majority of critical and emerging technology domains.
[...] The think tank notes that for some of these technologies, the ten leading research institutions are based in China and are collectively generating nine times more high-impact research papers than the second-ranked country, which is usually the US. What could be especially worrying for America is that two areas where China really excels are Defense and space-related technologies. ASPI writes that China's advancements in nuclear-capable hypersonic missiles took the US by surprise in 2021.
How is China so far ahead? Some of it is down to imported talent. The report notes that one-fifth of its high-impact papers are being authored by researchers with postgraduate training in a Five-Eyes country (Australia, Canada, New Zealand, the United Kingdom, and the United States). However, most of China's progress comes from deliberate design and long-term policy planning by President Xi Jinping and his predecessors.
The near-term effects of China's lead could see it gaining a stranglehold on the global supply of certain critical technologies, while the long-term impact could result in the authoritarian state gaining more global influence and power.
(Score: 1) by khallow on Wednesday March 08, @07:43PM (2 children)
A trade hegemony. A bunch of military bases isn't that significant from an imperial point of view. You can project military power, but you don't hold territory. As to "constant use (and abuse) of other countries for economic and financial advantage"? That's standard country behavior.
I think the huge tell that US isn't an empire is that we stopped expanding territory back in the early 20th century when we relinquished the Philippines. For an empire, that's when the shark gets jumped since it's either expanding or decaying - so not expanding means it's decaying. But the US's peak power was actually a long stretch later after the Second World War.
I do not take your meaning. Norway has high resources going for it. Once their oil gets neutered by either regulation or depletion, they will be greatly less sustainable. The US's economy is more based on services and manufactured goods than natural resources. Those don't run out so easily.
As to remembering that capitalism is for humans, I also remember that high minded principles have a long history of backfiring when it comes to economics.
(Score: 0) by Anonymous Coward on Saturday March 11, @08:30PM (1 child)
Your religion is threatened once again.
(Score: 1) by khallow on Wednesday March 15, @05:14PM