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Annie Gugliotta & Jess Frampton

A “techlash” is coming this year

After years of uninhibited expansion into nearly all corners of modern life, consumer internet companies could this year face meaningful action to curb their activities from governments around the world. From Delhi to Dublin, Beijing to Brussels, and Washington to Warsaw, there is real momentum behind unprecedented legislation and stepped-up regulatory enforcement against big tech. In response, these companies will launch forceful advocacy campaigns to try to deflect the most aggressive measures, while modifying their business models and practices in response to the changing environment. We spoke to Eurasia Group expert Alexis Serfaty to get a sense of how the backlash against big tech is likely to play out in three major markets: the EU, China, and the US.

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Paige Fusco

Democrats and Republicans unite! At least against China.

This week, the US Senate passed the so-called Endless Frontier Act, a $250 billion investment in development of artificial intelligence, quantum computing, the manufacture of semiconductors, and other tech-related sectors. The goal is to harness the combined power of America's public and private sectors to meet the tech challenges posed by China.

In its current form, this is the biggest diversion of public funds into the private sector to achieve strategic goals in many decades. The details of this package, and of the Senate vote, say a lot about US foreign-policy priorities and this bill's chances of becoming law.

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Is the US Military Investing in the Wrong Kinds of Weapons? | GZERO World

Is the US military investing in the wrong kinds of weapons?

In comparing the American military defense spending to China's, former US admiral and best-selling author James Stavridis is concerned that the US is too focused on legacy systems. In a conversation with Ian Bremmer on GZERO World, he discusses the role of the private sector in the development of US defense capabilities and the need to move towards higher end technologies, which he says China has already done. "They get to make decisions and move out with big land armies, tanks, aircraft carriers in ways we are retarded from doing by the messiness, as wonderful as it is, of our democratic system," Stavridis points out.

Watch the episode: What could spark a US-China war?

Taiwan’s Outsize Importance in Manufacturing Semiconductor Chips | GZERO World

Taiwan’s outsize importance in manufacturing semiconductor chips

A big reason the Chinese leader is pushing harder than ever to annex Taiwan is actually quite small. The self-governing island has an outsize manufacturing capacity for semiconductors – the little chips that bind the electrical circuits we use in our daily lives. Cell phones, laptops, modern cars, and even airplanes all rely on these tiny computer wafers. Taiwanese chip manufacturer TSMC alone makes more than half of the chips outsourced by all foreign companies, which means your iPhone likely runs on Taiwanese-made semiconductors. What would happen to the world's semiconductor chips if China were to take control of Taiwan?

Watch the episode of GZERO World with Ian Bremmer: What could spark a US-China war?

Xi Jinping Expects China To Be Treated As Equal Of US | Ukraine Border | World In :60 | GZERO Media

Xi Jinping expects China to be treated as equal of US

Ian Bremmer shares his perspective on global politics on World In 60 Seconds (aka Around the World in 180 Seconds) and discusses Xi Jinping's message to the US, Russia's buildup at the Ukraine border, and Cuba's new leader.

What did you make of Xi Jinping's message to the US at China's annual Boao Forum?

Well, he didn't mention the United States directly, but he basically said that we don't accept hegemonic powers, we don't accept people that are setting the rules for other countries. Basically, consistently Xi Jinping saying that the Chinese want to be treated as equals with the United States. They're going to be rule makers for themselves. The Chinese political and economic system, every bit as legitimate as that of the United States. This is going to be a real fight. The American perspective is that the relationship between the two is going to be very competitive, whether it's a happy competition or an unhealthy competition depends on the Chinese. Xi Jinping's perspective is the Americans are not treating the Chinese with due respect. And that's going to play out on security, it's going to play out in climate, on the economy. I mean, you name it.

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China, US flags

Reuters

So, are we in a new Cold War or not?

Top diplomats from the US and China will sit down on Thursday for their first face-to-face since Joe Biden took office as US president. Amid deepening tensions over trade, human rights, and technology, the encounter is certain to be a frosty one — and not only because it's in Alaska. Each side will size up the other, make clear its positions, and leave, perhaps without even so much as a closing joint statement.

You'll probably hear and see lots in the next few days about whether the US and China are slipping into a new "Cold War." Well, are they?

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Bill Maher Is Wrong on China | Quick Take | GZERO Media

Bill Maher is wrong on China

Ian Bremmer's Quick Take:

Happy Monday, everybody. Ian Bremmer here, I've got your Quick Take to start off the week. And today I thought I would address the question, has China won? My friend Bill Maher made news in his always fun and entertaining and quite enjoyable show with a serious rant this past Friday, saying that "we're not a serious people in the United States, we can't do anything, we can't build anything, while China builds their economy and takes over the world. We lost. We just don't know it yet." Here, take a look.

Bill Maher: In two generations, China has built 500 entire cities from scratch. Moved the majority of their huge population from poverty to the middle class, and mostly cornered the market in 5G and pharmaceuticals. It's got to be something between authoritarian government that tells everyone what to do, and a representative government that can't do anything at all.

Now I got to say this, lots of good stuff in there and it's worth a watch, but I don't agree. And yes, I will say so next time I'm on the show.

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US-China Relations Can Improve | Geopolitical Rivalry Remains | The Red Pen | GZERO Media

US-China relations can be improved under Biden, but geopolitical rivalry & human rights can't be ignored

In their latest op-ed for Project Syndicate, Javier Solana and Eugenio Bregolat stress the importance of the US and China not becoming staunch enemies - but the piece also avoids some uncomfortable truths about the US-China competition. Ian Bremmer, along with Eurasia Group analysts Michael Hirson and Jeffrey Wright, grabbed The Red Pen to clarify a few points re the US-China relationship.

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