This is a new tech where I don't see a big future role for US tech. They blocked chips, so China built their own. They blocked the machines (ASML) so China built their own.
Nvidia, ASML, and most tech companies want to sell their products to China. Politicians are the ones blocking it. Whether there's a future for US tech is another debate.
The Arabs have a lot of money to invest, don't worry about that :)
It's not; we can control it and we can work with other countries, including adversaries, to control it. For example, look at nuclear weapons. The nuclear arms race and proliferation were largely stopped.
it is.
>The nuclear arms race and proliferation were largely stopped.
1. the incumbents kept their nukes, kept improving them, kept expanding their arsenals.
2. multiple other states have developed nukes after the treaty and suffered no consequences for it.
3. tens of states can develop nukes in a very short time.
if anything, nuclear is a prime example of failure to put a genie back in the bottle.
They actually stopped improving them (test ban treaties) and stopped expanding their arsenals (various other treaties).
Tech capitalists also make improvements to technology every year