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The Intelligence from The Economist

The Intelligence: The next stage of the tech wars

The Intelligence from The Economist

The Economist

News, Daily News, Global News

4.63.6K Ratings

🗓️ 10 May 2024

⏱️ 26 minutes

🧾️ Download transcript

Summary

The battles for supremacy in chipmaking and green technology industries are raging on. Re-electing Donald Trump will likely make America’s approach even more anti-China, and a move towards autarky comes with costs. How the landmarked Seaport Tower has pitted preservationists against developers (10:18). And a tribute to the zoologist who really, really loved giraffes (18:18).


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Transcript

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0:00.0

The Economist.

0:04.0

The Economist.

0:07.0

Hello and welcome to the intelligence from the economist.

0:10.0

I'm Ora Okenbei.

0:15.0

Every weekday we provide a fresh perspective on the events shaping your world.

0:25.0

The age-old battle between developers and preservationists is on show at Seaport Tower in New York.

0:31.4

We look at the Curious Committee that decides what gets approved and what

0:34.7

doesn't and ask if the city can build its future without destroying its past.

0:41.9

And our obituaries editor pays tribute to Anne Inest Dag, the woman who really loved giraffes. But first. For years now, America and China have been locked in a tech war, a battle for supremacy in everything from farmer to AI.

1:19.0

This conflict started under Donald Trump, for whom China was something of an obsession.

1:25.7

China, China, China, China, China, China, China, China, China, China, China, China, China, China, China, China,

1:30.5

China, China, China, and it continued when Joe Biden entered the White House.

1:36.0

I made sure that we have the most advanced technologies that we've developed and invented and they can't be sent to China.

1:43.0

Both presidents have subsidized cutting-edge American industry and put up trade barriers,

1:49.0

all while China forged ahead.

1:52.0

China is now a world leader in EVs, batteries and solar panels, and it has plans to

1:57.9

dominate chips too.

2:00.3

Conflict over these industries, green energy and semiconductors, is already reshaping relationships and supply chains around the world,

2:09.0

and the costs are mounting.

2:12.0

America and China have been grappling over the control of advanced technologies for about five or six years now.

2:20.0

Hal Hodson is our America's editor.

2:24.0

And it looks as though pretty much no matter who goes into the White House in January next year,

...

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