Losing tech race with China could cost U.S. trillions


The United States could skip out on trillions of bucks in economic expansion if it fails to confront the growing technology threat posed by China, according to a new report from the Eric Schmidt-led Distinctive Aggressive Reports Challenge (SCSP).

Why it matters: An American failure to problem China would not only price the U.S. economic expansion and positions it would also permit an authoritarian condition get in touch with the photographs for the world’s electronic infrastructure.

What they are declaring: “Imagine a environment where by China controls the global digital infrastructure, has the dominant posture in tech platforms, controls the

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