Arrr! The landlubbers have drawn a line, sayin’ no doubloons for China’s tech, protectin’ their shiny war machines and clever gizmos!
2024-11-02
Arrr, matey! The Biden crew be settin’ sail on a new decree, banishin' landlubbers and their gold from investin' in shiny gadgets, from magical brain machines to fancy flying beasts! A right jolly hullabaloo, if ye ask me! Avast, no treasure for ye today!
Ahoy mateys! Gather 'round, fer news be blowin' in from the high seas of politics! The Biden crew be raisin' the black flag against those crafty scallywags in China, blockin' all manner of fine treasure—specifically, advanced tech like that devilish artificial intelligence! Aye, the U.S. Treasury has finalized a rule to keep our doubloons safe from those "countries of concern," most notably the sneaky Chinese, includin' their mischief-makers in Hong Kong and Macao.Set to hoist anchor on January 2, this decree was conjured from President Biden’s own treasure map back in August, aimed at stoppin’ the dragon from pilferin' American know-how that could arm their military or spy on us! It covers vital tech treasures like semiconductors and quantum gadgets, which be as precious as gold to our national security.
Yet, beware! This bold move might close off markets for our own tech buccaneers and venture capitalists. Phil Siegel, a wise sage in the ways of AI, warns that while we guard our tech, we may also miss glimpses of the Chinese ship's progress. And lo! The Chinese government be spittin' like a cannon, protestin' the U.S. for layin' down these restrictions. Argh, what a tempest on the horizon!