Prøve GULL - Gratis
US Tech Curbs and China's AI Success Hold Lessons for Us
Mint Mumbai
|January 29, 2025
Technology denial regimes often spur self-reliance, as seen in AI, and India must indigenize advances too
Laws are almost always designed to be broad, aimed at addressing a range of different issues. However, governments sometimes deviate from that approach, enacting targeted legislation aimed at narrow outcomes. The problem is that even though lawmakers come to this process with a clear sense of what they want to achieve, the outcomes of this approach are often not what they intended.
Take the Protecting Americans from Foreign Adversary Controlled Applications Act (PAFACA), a law designed to ban TikTok in the US. Once the Supreme Court upheld the constitutional validity of the law, Bytedance, the Chinese-controlled company that owns the viral video app, had little option but to shut it down.
Long before the app went dark, TikTok content creators had started looking for alternatives. Many of them began to migrate to an app called Xiaohongshu (meaning Little Red Book) that was already wildly popular in China. It added over 700,000 new US users in just two days, making it the most downloaded free app on US app stores.
PAFACA had banned TikTok because US lawmakers were worried about the control that the Chinese government could exert on US users. But all the ban did was send those same users into the arms of yet another app, one that was, if anything, likely to be even more firmly under the control of the Chinese government. That the app is named after a book by Mao that is the very embodiment of the Chinese philosophies that the US government stands so firmly against, is a particularly delicious irony.
Denne historien er fra January 29, 2025-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
TCS, Wipro US patent suits worsen IT's woes
Two of the country’s largest information technology (IT) services companies—Tata Consultancy Services Ltd and Wipro Ltd—faced fresh patent violations in the last 45 days, signalling challenges to their expansion of service offerings.
2 mins
November 25, 2025
Mint Mumbai
AI bond flood adds to market pressure
Wall Street is straining to absorb a flood of new bonds from tech companies funding their artificial intelligence investments, adding to the recent pressure in markets.
4 mins
November 25, 2025
Mint Mumbai
Auto parts firms spot hybrid gold
Auto component makers are licking their lips at the ascent of hybrids, spying a new growth engine at a time when electric vehicle (EV) sales have not measured up.
2 mins
November 25, 2025
Mint Mumbai
Diwali is past, but shopping season is roaring ahead
India's consumption engine appears to be humming well past the Diwali rush, with digital payments showing none of the usual post-festival fatigue.
3 mins
November 25, 2025
Mint Mumbai
HOW TO SPOT A WINNING STARTUP IPO
As a flood of new listings burns small investors, we investigate the overlooked metrics
9 mins
November 25, 2025
Mint Mumbai
WHY INDIA HAS FAILED TO CURB AIR POLLUTION
Despite massive funding, India has failed to make meaningful progress in combating air pollution. Beijing's dramatic turnaround over the past decade offers crucial lessons.
4 mins
November 25, 2025
Mint Mumbai
Micro biz has a harder time securing loan to start up
Bank lending to first-time micro-entrepreneurs has plummeted, signalling tighter credit conditions for small businesses already struggling with cash flow pressures and trade turmoil. In the first six months of the fiscal year, a key central scheme to support such lending managed to sanction just about 12% of what was sanctioned in the entire previous fiscal year, official data showed.
2 mins
November 25, 2025
Mint Mumbai
Inverted duty fix is next on GST agenda
GST Council to expand work on fixing anomaly at next meet
2 mins
November 25, 2025
Mint Mumbai
Why was a fresh approach to QCOs needed?
The government is now withdrawing the quality control orders (QCOs) issued earlier across sectors. Mint examines the original intent, the reasons for the policy reversal, and the expected national benefits from this move.
2 mins
November 25, 2025
Mint Mumbai
Climate: Hope lives
Climate change could be described as a \"tragedy of the commons.\" That is, one where a shared resource, such as the planet's atmosphere, gets degraded because everyone has an incentive to put immediate self-interest above what's good for all.
1 min
November 25, 2025
Listen
Translate
Change font size

