CFR Task Force Report: U.S. Economic Security—Winning the Race for Tomorrow's Technologies
Video Overview & Insights
In its important new report, U.S. Economic Security: Winning the Race for Tomorrow’s Technologies, the CFR Task Force on Economic Security finds 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 these three crucial sectors of the future. The Task Force report provides a comprehensive view of vulnerabilities that the United States must address and offers practical recommendations for mobilizing the resources needed to prevail.
They should have read Susan Strange in 1980’s. Too late figuring it out in 2025. China understood structural power whilst Americans were buying back their own shares funded by QE1,2 etc. All financial no production.
Speakers
Jonathan E. Hillman
I predict there will be another black swan event in 2026 concerning A GLOBALAI driven Cyber Collapse, this will cause a halt to commerce and "essential" services WORLDWIDE. Covid was a test, and China will invade Taiwan in 2027.
Project Director, Economic Security Task Force; Senior Fellow for Geoeconomics, Council on Foreign Relations
Justin G. Muzinich
• China is 100 years ahead of US. Impossible for US to catch-up or compete with China.
• By design, US capitalism benefits the individual. Not the nation. (Think, sailor's welfare takes priority over the ship.)
• By design, China's planned socialism benefits the nation. Not the individual. (Think, ship's welfare takes priority over any one sailor.)
• Which leadership style is best for a long, iffy voyage of discovery?
Warning: A) No US citizen should comment on China unless they've spent serious time in China. B) Or spent serious time reviewing YouTube content by US or UK citizens living in China.
Cochair, Economic Security Task Force; Chief Executive Officer, Muzinich & Co., Inc.; Former Deputy Secretary of the Treasury (2018–21); Member, Board of Directors, Council on Foreign Relations
Gina M. Raimondo
• China built most sophisticated civilization in history while US went from Nixon to Trump.
• US is spinning in the toilet of history with a moron at the wheel.
• US capitalism has run its inevitable course.
• A handful of billionaires with long yachts. And millions of workers helping billionaires move manufacturing offshore.
• Future of the world is with China and BRICS.
• Not USA.
Cochair, Economic Security Task Force; Distinguished Fellow, Council on Foreign Relations; Former Secretary of Commerce (2021–25); CFR Member
James D. Taiclet
Here's a "reimagination" of US economic security. Go back to Eisenhower levels of taxation on the wealthiest monsters created by our first teevee preznut Raygun and his sadistic sidekick Friedman. 7 wealthiest individuals have more wealth than 170,000,000 million poorest Americans. 2025 is many times worse than the Gilded Age. Again shame on each of you monsters
Cochair, Economic Security Task Force; Chairman, President, and Chief Executive Officer, Lockheed Martin Corporation; CFR Board of Directors Member
Presider
Deterrence??? Who in their right mind would attack the US? Fortunately the Grim Reaper is working overtime to remove old men in particular who in our world of 8 billion with another 1 million net new precious humans joining us every 6 days use the identical playbook inherited from the barbaric British empire. The Brits today are in free fall as they chose ENDLESS conflicts wars and imperialism. It's 2025 fellas not 1825? We face man-made threats to the beautiful game of civilization. Adding another century of useless wars against the NEVER ending list of enemies dujour cooked up by mindless self important men like this cult will surely end civilization as we've known it. Shame on each of you divisive irresponsible people
Greg Ip
Chief Economics Commentator and Deputy Economics Editor, Wall Street Journal
46:09 “We need to massively upskill people for AI”. It’s a downskilling, not upskilling
Introductory Remarks
Michael Froman
national security Should never be for sale. why yoi think China should sell rare earth to the US? what is the logic here
President, Council on Foreign Relations
This Task Force is part of RealEcon: Reimagining American Economic Leadership, a CFR initiative of the Maurice R. Greenberg Center for Geoeconomic Studies.
sorry who weaponize the trade in the first place again?
oh, it is China. the US chip ban is for national security.
Subscribe to our channel: https://goo.gl/WCYsH7
This work represents the views and opinions solely of the author. The Council on Foreign Relations is an independent, nonpartisan membership organization, think tank, and publisher, and takes no institutional positions on matters of policy.
Visit the CFR website: http://www.cfr.org
Follow CFR on X: http://www.twitter.com/cfr_org
happy to see Gina at work - she is ALWAYS employable!
Follow CFR on Facebook: https://www.facebook.com/councilonforeignrelations/
Now the business leaders are talking about this? Why did it take so long for them to wake up?
More User Perspectives
Can some explain why is it hard to produce all medice in the United States? I get it rare earth will take time but medicine should be easy.
@vetrino4everWe are ready to build the future here in South Carolina ❤
@ryanwalters6184@31:41 Robotics & Automation are missing from the list: for example, quantum computing won't help much to reshore manufacturing.
@An_34832aCC not turned on? It's usually a good idea to enable accessibility features.
@Leto2ndAtreidesDon't forget we, not the Chinese, started it off. We have been doing volley after volley of Tonya Harding on China since Trump's first salvo in 2018. Over the past 8 years alone, we have sanctioned 1,200+ Chinese entities, brought 700+ Chinese entities on Entity List, and imposed tons of restrictions on chips and AI. You can't blame China for thinking: "Gee, those Americans really want to trash our economy. We better retaliate and make them feel real pain". Hence the rare earth curbs. They are too generous for not rolling out that bazooka on day 1 in 2018.
@DulayLomoAgreed there needs to be greater focus on talent. There is a reason when a Chinese Quantum scientist leaves the USA it makes news. Quantum is the final frontier and NASA banning Chinese scientists tells the tale!
@THEONLYQUANTUMDOC__Honor commitments for achievable goals 🔻
@AnthonyBlunt_1111