Speaker 1: Hey there, I'm ting and welcome to Beijing. Bites your
Speaker 1: go to source for the latest on the US China
Speaker 1: tech war. Let's dive right in. Over the past two weeks,
Speaker 1: we've seen some major developments that are reshaping the global
Speaker 1: tech landscape. First off, cybersecurity incidents have been making headlines.
Speaker 1: The US Treasury Department was hit by a state sponsored
Speaker 1: cyber attack from China, targeting the Office of Foreign Assets
Speaker 1: Control and the Office of the Treasury Secretary. This isn't
Speaker 1: surprising given China's history of using hybrid tactics to undermine
Speaker 1: its strategic competitors. But what's really caught my attention is
Speaker 1: the rise of deep Seek, a Chinese AI prodigy that
Speaker 1: sent shockwaves through Silicon Valley by releasing a powerful language
Speaker 1: model rivaling open AI's chat GPT at a fraction of
Speaker 1: the cost and computational power. Deep Seek has exposed a
Speaker 1: vulnerability in the American narrative of technological dominance. This has
Speaker 1: sparked accusations of AI distilling and data theft, but let's
Speaker 1: be real, the lines between legitimate inspiration and outright theft
Speaker 1: are increasingly blurred in the age of big data. Now,
Speaker 1: let's talk about the new tech restrictions. The US has
Speaker 1: introduced a stringent investment ban on China effective January twenty
Speaker 1: twenty five, focusing on sensitive technologies like AI, semiconductors and
Speaker 1: quantum computing. This is a significant move as it requires
Speaker 1: detailed due diligence from US investors and will significantly impact
Speaker 1: US China economic relations. But China isn't backing down. In fact,
Speaker 1: Beijing is pushing forward with its own tech ambitions, driven
Speaker 1: by strategic investments, a burgeoning talent pool, and a relentless
Speaker 1: drive to achieve technological parity with the West. The domestic
Speaker 1: semiconductor industry is rapidly maturing, driven by massive investments and
Speaker 1: a national imperative to achieve chip independence. So what does
Speaker 1: this mean for both nations? Well, the US seems caught
Speaker 1: in a reactiontive cycle, relying on export controls, sanctions, and
Speaker 1: accusations of intellectual property theft. But these measures may offer
Speaker 1: temporary respite while fueling resentment and pushing China towards greater
Speaker 1: self sufficiency. The irony is palpable. The policies designed to
Speaker 1: contain China's technological rise may accelerate its progress. As we
Speaker 1: look to the future. It's clear that the US China
Speaker 1: tech war is heating up. With cybersecurity incidents on the
Speaker 1: rise and new tech restrictions in place, both nations are
Speaker 1: gearing up for a long term battle for technological dominance.
Speaker 1: Stay tuned, folks, it's going to be a wild ride.
Speaker 1: That's all for now from Beijing Bites, I'm ting and
Speaker 1: I'll catch you on the flip side. Thanks for listening.
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