The Trump administration's recent cuts to federal funding for scientific research have raised alarms among economists who warn these actions could harm U.S. competitiveness, particularly in emerging technologies like artificial intelligence. By freezing billions in grants to organizations such as the NIH and attempting to fire workers at the National Science Foundation, the administration risks diminishing the United States' reputation as a center for innovation. Experts believe this could lead to economic decline and deter top scientific talent from abroad, with other countries actively seeking to recruit American scientists.
Scientists have warned that the United States risks losing its status as a leader in cutting-edge research and its reputation as a magnet for top scientific minds.
To economists, the policies threaten to undermine U.S. competitiveness in emerging areas like artificial intelligence, and to leave Americans as a whole poorer, less healthy and less productive.
This is really killing the goose that lays the golden egg, said Sabrina Howell, highlighting the role of federal support for innovation.
Already, labs across the country have begun laying off workers and canceling projects, with top universities announcing hiring freezes.
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