These bills are punitive: They would decrease consumer welfare, stifle innovation, and deter the process of creative destruction, which characterizes the dynamism of capitalist societies and underpins the march toward progress through technological changes.
Publications
May 26, 2022
It is time for members of Congress to reflect on the numerous unintended consequences of the AICOA bill, or else the passing of this bill will weaponize antitrust laws at the expense of innovation and consumer welfare.
May 24, 2022
Given the hyper-global nature of this supply chain, no one country can become fully self-sufficient. For building a reliable, secure semiconductor supply chain, plurilateral partnerships are a necessity and not a choice.
May 24, 2022
The science of climate change has been clear for decades. The IPCC shows that it is increasingly clear that active carbon management technologies must be in the climate mitigation toolbox. With its wealth of know-how and innovative start-up economy, the United States is well-positioned to dominate this burgeoning global industry and will do so if the federal government has the vision to realize this potential.
May 23, 2022
The Biden administration should withdraw its support of S.2710 at least until the NTIA provides evidence of alleged anticompetitive conduct in a failing mobile apps market through its study. Until then, support for the S.2710 is rushed and undermines the effectiveness of the fact-finding exercise carried out by the NTIA via its RFC.
May 23, 2022
States are set to receive billions of dollars in federal funding—enough to close the digital divide once and for all. Following these 10 commandments will ensure they make the most of the money and citizens get the connectivity they need.
May 23, 2022
China is taking an authoritarian approach in its quest to be a dominant power in technology and global affairs. Silicon Valley innovator and former Under Secretary of State Keith Krach has a unique perspective on both aspects.
May 23, 2022
The European Union’s General Data Protection Regulation (GDPR) imposes additional operations costs on app developers and lowers apps’ revenues by diminishing their monetization opportunities.
May 20, 2022
The disturbing reality is that if U.S. global share shrinks much more the United States will have passed a tipping point where all the subsidies in the world would not be enough to restore production, because of the lack of skilled engineers and technicians, suppliers, knowhow, and other factors.
May 20, 2022
In the Annual Energy Outlook 2022, the Energy Information Administration forecasts that if current policy and technology trends continue, U.S. energy-related emissions would decline only 2 percent from 2021 to 2050. The message is clear: To leap from a 2 percent decline to a 100 percent decline in GHG emissions, the United States must continue to encourage and support continued innovation in energy.