News Holding back China's chipmaking progress is a fool’s errand, says U.S. Commerce Secretary

[Admin]

Sec. Raimondo says that massive investment in semiconductor manufacturing and research is more important than export controls aiming to help keep the U.S. ahead of its competition.

Holding back China's chipmaking progress is a fool’s errand, says U.S. Commerce Secretary : Read more

 

[punkncat]

To me, and at surface value, it seems pretty un-capitalistic to hold back someone else by way of artificial restraints. I mean, every man for himself and all, but price and quality should be the determiners here IMHO. With that said, there is a significant security concern in this case as well so it is quite complicated.

 

[Geef]

No need to hold them back... we can just make a basic rule so they play nice.

'We'll only hold your country back by 1 month... for each piece of IP your country has stolen...'

 

[usertests]

To me, and at surface value, it seems pretty un-capitalistic to hold back someone else by way of artificial restraints. I mean, every man for himself and all, but price and quality should be the determiners here IMHO. With that said, there is a significant security concern in this case as well so it is quite complicated.

Unregulated capitalism has never been tried.

 

[bit_user]

To me, and at surface value, it seems pretty un-capitalistic to hold back someone else by way of artificial restraints.

I'd say state-sponsored IP theft is even more uncapitalistic. At some point, it demands a response. The WTO courts have been tried and that path hasn't worked out, so what else do you do? Just roll over and let yourself get eaten alive?

For capitalism to work properly, everyone needs to be playing by certain ground rules.