Big Technology Podcast The Taiwan Semiconductor Dilemma — With Congressman Ro Khanna
Apr 19, 2023
Congressman Ro Khanna, representing California's 17th district, shares insights from his recent visit to Taiwan, where he engaged with semiconductor leaders. He emphasizes TSMC's critical role in the global economy and discusses the pressing need for U.S. manufacturing independence. Khanna also tackles the impact of geopolitical tensions on technology policy and regulation, including recent challenges facing Big Tech, TikTok, and the banking sector. His perspective highlights the urgency of balancing economic strength with national security.
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US-China Relations
- The fraying US-China relationship is attributed to Xi Jinping's consolidation of power and increased nationalistic ambitions.
- This shift marks a departure from liberalization and privatization efforts.
Khanna's Taiwan Visit
- During his visit to Taiwan, Ro Khanna met with Morris Chang, who expressed skepticism about the US regaining manufacturing prowess.
- Chang highlighted the importance of a manufacturing culture and government financing, as exemplified by the CHIPS Act.
Manufacturing Oversight
- Allowing key technology manufacturing to move offshore was a failure of US policy, with blame shared by both political parties.
- A prevailing belief that manufacturing was unimportant and a focus on Nobel laureates contributed to this oversight.