Poging GOUD - Vrij
US tech curbs and China's AI success hold lessons for us
Mint Chennai
|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.
Dit verhaal komt uit de January 29, 2025-editie van Mint Chennai.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint Chennai
Mint Chennai
It's Clear That Gamblers Should Pay More Taxes Than Investors
Investing aids the economy but gambling is simply consumption
3 mins
September 15, 2025
Mint Chennai
Finding inspiration in natural light
Nicobar's Simran Lal on how her two workspaces keep her calm, motivated
2 mins
September 15, 2025
Mint Chennai
Yuan versus the dollar: Propose a third option
As China attempts to globalize its legal tender; America guards the supremacy of its own and digital currencies gain traction, India should revive Keynes' idea of a global trade currency
2 mins
September 15, 2025
Mint Chennai
Mercedes Expects Best Festive Season
The recent GST rate cut is likely to make the upcoming festive season the 'best-ever' for the luxury carmaker, but there is a need to cap road taxes levied by states on car purchases for long-term growth of the industry, Mercedes-Benz India managing director and chief executive officer Santosh Iyer said.
1 min
September 15, 2025
Mint Chennai
Indian Market Resilient; Stocks Could Touch New Highs by March
Over the long term, say 7 to 10 years, small and midcaps will be the real winners A. Balasubramanian, managing director and chief executive of Aditya Birla Sun Life AMC
4 mins
September 15, 2025
Mint Chennai
Top Debtor States Seek More From Finance Commission
Greater fiscal relief, revamped criteria for tax revenue sharing, special funds among demands
2 mins
September 15, 2025
Mint Chennai
Insurance law revision likely next session: FM
The Insurance Amendment Bill, which proposes 100% foreign direct investment in the sector, is likely to be introduced in parliament in the winter session, finance minister Nirmala Sitharaman has said.
1 min
September 15, 2025
Mint Chennai
When street dogs, cats bring the office closer
When colleagues work towards a collective goal like looking after community animals, it offers them a sense of purpose
4 mins
September 15, 2025
Mint Chennai
COP-30: Use carbon trading to win climate leadership
An efficient and credible carbon market can give India a chance to lead a global agenda that's fair to everyone
3 mins
September 15, 2025
Mint Chennai
Small stores, bold ambitions: Ikea to ramp up presence
Ikea India plans to add 3-4 small city stores over 10 months, shifting focus from large-format outlets to compact spaces
1 mins
September 15, 2025
Listen
Translate
Change font size