Reasserting U.S. Technology and AI Leadership
/For decades, America’s R&D ecosystem and universities were the best in the world, attracting top students, researchers, and innovators from every corner of the globe, fueling its technology leadership. The Administration has steadily eroded these advantages, first by slashing funding for R&D, education (especially universities), and domestic semiconductor and battery manufacturing, and second by imposing restrictions on high-skilled immigration and international students.
While the U.S. is cutting spending on R&D, China is investing in key technologies at unprecedented levels. China now leads in 57 of 64 critical technologies, with the U.S. ahead in only 7, and graduates more than four times as many STEM students as the United States annually. China also now controls 80% of all critical mineral mines and a large share of processing capacity
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