Sen. Tim Scott says U.S. must tighten chip export controls to keep AI edge, warns China is primary competitor
On a Walker webcast, Sen. Tim Scott (R-S.C.), chair of the Senate Banking Committee, said U.S. policy should prioritize export controls on chips and other technologies to maintain an edge over China and recommended workforce supports to address AI-related disruption.
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Sen. Tim Scott said on a Walker webcast that the first regulatory question about artificial intelligence is "who's our competition," and that ‘‘China’s our primary competitor’’ when policymakers set export controls and other rules governing advanced chips and associated technology. Scott, chair of the Senate Banking Committee, said those controls should be part of a broader strategy to preserve U.S. economic leadership.
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