3 ms·
Why does an export ban kill the tech?
by throwawaylinux 4y ago
Why does an export ban kill the tech?
- londons_explore 4y agoVC won't touch anything with an export ban (the potential market size has just been reduced from 8 billion people down to 300 million) Scientists stop research in the area because they typically can't publish papers on it in international journals. Companies already in the field have to fire all their remote non-US workers and non-US customers. And that usually, together with the lack of new VC funding, kills the company. The only exception is if the US military pays for R&D instead, but in that case typically everything is kept secret and nobody gets to use it except some missiles.
- throwawaylinux 4y ago> VC won't touch anything with an export ban (the potential market size has just been reduced from 8 billion people down to 300 million) Is there any indication this technology would be made entirely unavailable outside the US? > Companies already in the field have to fire all their remote non-US workers and non-US customers. And that usually, together with the lack of new VC funding, kills the company. This is not the case, multinational companies operate under export control regulations as a matter of course. It sometimes requires compartmentalization and not everybody can work on everything, naturally. > The only exception is if the US military pays for R&D instead, but in that case typically everything is kept secret and nobody gets to use it except some missiles. Is that really typical? The US military has paid for a lot of R&D for things we use every day, jet engines, civilian rocket and satellite technology and many other aerospace technoloies, GPS, the internet, EUV lithography, off the top of my head.