Against the backdrop of increasingly fierce global technology competition, the US government is considering establishing a dominant wealth fund to ensure its leadership position in the key technology field. According to foreign media reports, this p...
Against the backdrop of increasingly fierce global technology competition, the US government is considering establishing a dominant wealth fund to ensure its leadership position in the key technology field.
According to foreign media reports, this proposal aims to challenge countries such as China through strategic investment, especially in technologies such as quantum computing, artificial intelligence and advanced microchips. The current U.S. policy has been criticized for lack of consistency and cannot effectively promote national competition, so establishing a entitlement wealth fund focused on business research and national defense priorities is seen as a viable solution.
International examples such as Norway's government-funded funds and Singapore investment companies show that ownership wealth funds can play an important role in national interests and can set high standards in transparency and ethics. These funds not only provide stable returns, but also strengthen national influence in the global market. At the same time, China's national risk investment funds have invested heavily in key technologies such as artificial intelligence and semiconductor manufacturing, which has caused American technology companies to face market distorted challenges.
Despite the pressure of national debt exceeding $36 trillion, critics believe that the potential benefits of establishing a ownership wealth fund are far greater than risks. The fund will use revenue sources such as tax revenue and federal land rentals to provide financial support to key infrastructure and technology companies to enhance economics and supply chain security. Nevertheless, challenges of managing risks and ensuring effective supervision need to be overcome to avoid problems such as inefficiency and inappropriate use of funds.
Overall, the establishment of the U.S. Rights Wealth Fund represents a bold federal strategy aimed at investing directly in key technologies and infrastructure to maintain the U.S. technical advantages and economic security in global competition.
A Sovereign-Wealth Fund to Keep America’s Technical Edge Memo Regulating a U.S. Sovereign Wealth Fund Trump’s Sovereign Wealth Fund Brings High Stakes and Serious Risks 360° View of a US Sovereign Wealth Fund
