By: Daniel Castro
This week Sen. Chuck Schumer (D-NY) introduced the U.S. Innovation and Competition Act (formerly known as the Endless Frontiers Act), aiming to boost U.S. innovation-based competitiveness, enhance manufacturing, and increase supply chain resiliency. Included in the nearly 1,500-page proposal is the American Security Drone Act (ASDA), a bill originally introduced by Sen. Rick Scott (R-FL), which bans the federal government from buying or using Chinese-made drones and limits other organizations from using federal funds to purchase or operate them.
By: Jaci McDole
National pride is often overflowing during events such as the Olympic Games and the World Cup, but it is difficult to imagine such pride amid a global pandemic. However, local accomplishments and innovations should be celebrated all-the-more in the most challenging of times.
There are approximately 7.8 billion people worldwide and an estimated 7.9 million vaccinations against COVID-19 occurring each day. It takes 60–110 days and multiple steps at various facilities to produce one batch of COVID-19 vaccine. New technological demands, factory retrofitting, production bottlenecking, and supply chain issues all add to the wait time. …
By: David M. Hart
Dozens of heads of state will celebrate Earth Day by joining President Biden for a climate summit. As the assembled leaders contemplate more ambitious national commitments to reduce greenhouse gas emissions, they must treat innovation with equal seriousness. Without accelerating climate innovation, promises to cut emissions will be hollow.
The United States, the world’s science and technology leader, should lead a global climate innovation initiative, as it did in Paris in 2015. …
By: Ellysse Dick
The shift to mass distance learning due to COVID-19 has revealed critical deficits and disparities across the U.S. education system. This has underscored the need for schools to adopt educational technology that allows students to learn independently, whether at home or in the classroom, as well as to stay engaged. Augmented and virtual reality (AR/VR) — immersive technologies that enable users to experience digitally rendered content in both physical and virtual space — have the potential to meet these needs, but only if federal and state governments make targeted investments in these technologies.
By: Aurelien Portuese
The updated regulation of the Internet was looming. Brussels unfurled it.
Together with the Digital Services Act (DSA), which updates the sensible E-Commerce Directive of 2000, the Digital Markets Act (DMA) has been presented by European Commissioners Breton and Vestager. This Act aims at ensuring a “contestable and fair digital sector in general and core platform services in particular, with a view to promoting innovation, high quality of digital products and services, fair and competitive prices, as well as high quality and choice for end users in the digital sector. …
By: Aurelien Portuese
There is no such thing as a clean war. Casualties and large-scale collateral damage always abound. Similarly, there is no such thing as a clean breakup — consumer harm and collateral damage to innovation can always occur.
In an orchestrated composition following the DOJ’s lawsuit against Google, the Federal Trade Commission (FTC) filed an antitrust lawsuit against Facebook, together with 46 states. After the elite-driven techlash came the judicial techlash. However historic the Google lawsuit might be, the Facebook lawsuit sets another historical stepstone in aggressive antitrust enforcement. Indeed, the Google lawsuit has vaguely requested to “enter…
By: Ellysse Dick
President Biden’s campaign plans to promote U.S. innovation and manufacturing included a commitment to investing in key emerging technologies to support U.S. competitiveness. And Monday’s “Made in America” Executive Order makes it clear that this will be a key priority for his administration.
As the federal government explores new investments across industries to strengthen American businesses, augmented and virtual reality (AR/VR) — immersive technologies that enable users to experience digitally rendered content in both physical and virtual space — should not be overlooked. Government investments in AR/VR content will not only expand the potential of the technology…
By Aurelien Portuese
Facebook recently updated WhatsApp’s privacy rules so that the messenger app could share user data with other parts of the Facebook company. This has caused big buzz among those who claim Internet platforms are playing a little too much with such rules and that this ultimately generates user distrust and might compromise free speech. But is this really a privacy or an antitrust problem, or yet another example of a conflated, little understood issue? For those who cherish innovation and truly adhere to competition principles, it’s neither one, nor the other.
Not a data privacy issue
By: Robert D. Atkinson
Never let a good crisis go to waste, advised President Obama’s chief of staff Rahm Emanuel during the 2009 economic meltdown. Today, advocates of universal basic income (UBI) — a government program providing people with regular payments regardless of their income, resources, and employment status — are taking his advice to heart and pushing for widespread adoption of the program. Policymakers should resist such calls, as implementing UBI would only increase unemployment rates, making the already-growing massive national debt simply explode. …
By Aurelien Portuese and Robert D. Atkinson
Two weeks before the presidential elections, U.S. Attorney General William Barr, together with 11 Republican state attorneys general, filed a sweeping antitrust suit against Google, which it dubiously cast as a monopolistic “the gatekeeper of the Internet” in what appeared to be a case of envy and resentment rather than legal merit.
It was telling that President Trump publicly complained for months that the European Commission fined Google three times for a total of nearly $10 billion. Trump’s complaints appeared to have been not so much about the fines themselves as about the…