Will US subsidies lead to stagnation in the field of AI?
The report, signed by a group of eight prominent academics, raises concerns about the American Chips and Science Act.
Academics argue that while the initiative aims to strengthen U.S. semiconductor manufacturing by providing $52.7 billion in subsidies, it could carry the risk of weakening Taiwan's industry, particularly TSMC, which is the world's leading semiconductor manufacturer.
According to scientists, the United States, being the inventors of the semiconductor, today produces only about 10% of the world's chips and does not produce the most modern ones. The CHIPS and Science Act aims to correct the situation by encouraging research, development and production at the local level.
However, according to experts, including former TSMC Vice President Bern Lin, the measure taken may lead to undesirable consequences. Concerns include diverting TSMC's attention from innovation in the pursuit of subsidies, which will negatively affect its competitiveness and, as a result, the company's customers, among whom American firms predominate. There is also a risk of reducing the resilience of the entire industry to surges in demand and potentially stopping development in the field of artificial intelligence. Eventually, TSMC may lose its leading position in the production of advanced chips.
The weakening of TSMC concerns not only Taiwan, but also the United States, given the significant role of semiconductors in the national security of both countries. Scientists express concerns that the current policy may indicate a lack of US attention to Taiwan's interests and call for the development of a strategy that would take into account the interests of both sides.
The report, signed by a group of eight prominent academics, raises concerns about the American Chips and Science Act.
Academics argue that while the initiative aims to strengthen U.S. semiconductor manufacturing by providing $52.7 billion in subsidies, it could carry the risk of weakening Taiwan's industry, particularly TSMC, which is the world's leading semiconductor manufacturer.
According to scientists, the United States, being the inventors of the semiconductor, today produces only about 10% of the world's chips and does not produce the most modern ones. The CHIPS and Science Act aims to correct the situation by encouraging research, development and production at the local level.
However, according to experts, including former TSMC Vice President Bern Lin, the measure taken may lead to undesirable consequences. Concerns include diverting TSMC's attention from innovation in the pursuit of subsidies, which will negatively affect its competitiveness and, as a result, the company's customers, among whom American firms predominate. There is also a risk of reducing the resilience of the entire industry to surges in demand and potentially stopping development in the field of artificial intelligence. Eventually, TSMC may lose its leading position in the production of advanced chips.
The weakening of TSMC concerns not only Taiwan, but also the United States, given the significant role of semiconductors in the national security of both countries. Scientists express concerns that the current policy may indicate a lack of US attention to Taiwan's interests and call for the development of a strategy that would take into account the interests of both sides.
