In the face of China, the US Senate plans to invest 100 billion in innovations

In the United States, there are seldom times when Democrats and Republicans manage to team up on a joint project. However, it did so last week on the initiative of Chuck Schumer, the Senate majority leader. Together with members of the two major parties, he decided to back the Endless Frontiers Act, a law that aims to invest $ 100 billion in new technologies such as artificial intelligence, quantum computers and semiconductors.

The ambition of the elected officials is clear: to catch up with the US on these issues. To this end, the law specifically provides for the package to be put into research for five years. These efforts would be overseen by a new Directorate of Technology and Innovation, itself affiliated with the National Science Foundation, an agency independent of the federal government.

The White House and Congress on the same page

In addition to this research effort, a US supply chain resilience program would be introduced. The elected officials want to avoid a new shortage of semiconductors in the future, which would weigh heavily on the country’s economy.

Chuck Schumer, quoted by our colleagues at The Hill, also wanted to add:

This legislation will make the US more competitive with China and other countries by investing in innovation, building regional hubs at the forefront of the innovation economy, creating well-paying US jobs in manufacturing and high technology, and research and development in the United States States strengthens states and manufacturing capacities.

This initiative has a good chance of being accepted in the end. In addition to the support of both parties, it also received the favor of Joe Biden. President Spokeswoman Jen Psaki said, “We look forward to working with Congress to refine this legislation and renew America’s global leadership in science, technology and development. Make sure we develop and manufacture the technologies of the future. “”

As a reminder, a few weeks ago we told you about a report by the National Security Commission for Artificial Intelligence, an independent American organization chaired by the former CEO of Google, Eric Schmidt. He underlined the strategic vulnerability of AI for their country vis-à-vis China. To withstand the shock, a massive investment in research has already been advocated.

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