In its new report, U.S. Economic Security: Winning the Race for Tomorrow’s Technologies, the Task Force on Economic Security cautions that strategic competition over the world’s next generation of foundational technologies is underway, and U.S. advantages in artificial intelligence, quantum, and biotechnology are increasingly contested.
The high-level, bipartisan Task Force warns that economic security risks, especially overconcentration of critical supply chains in China and underinvestment in strategically important areas at home, threaten American leadership in those three crucial sectors of the future. |
The Task Force report recommends that the United States -
onshore the manufacturing of critical inputs and components for data centers;
- accelerate development of the world’s first utility-scale quantum computer through Department of Defense procurement;
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build a national network of advanced biomanufacturing hubs and stockpiles of biotech inputs from trusted markets;
- secure critical minerals by expanding the National Defense Stockpile, accelerating permitting, and working with partners and allies to map sources and to pioneer recovery and substitution technologies; and
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establish an Economic Security Center at the Department of Commerce that strengthens government coordination, technical expertise, and partnership with the private sector.
These targeted actions are intended to unleash the U.S. innovation ecosystem, allowing the private sector to scale and diffuse technology globally, and position the United States to better respond to future changes and technologies yet to emerge. |
