The White House is implementing a 'promote and protect' strategy to bolster U.S. leadership in emerging technologies, as discussed by Michael Kratsios, Director of the Office of Science and Technology Policy. This includes increasing federal R&D funding, removing regulatory barriers, and encouraging widespread adoption of key technologies to enhance efficiency and security. The strategy aims to ensure the U.S. excels in areas such as AI, quantum science, and biotechnology, by prioritizing national security interests and fostering innovation across government and industry sectors.
"Essentially, what we have to do as a country is pursue a two part strategy, one of promote and one of protect," he said, speaking at the Milken Institute Global Conference in Los Angeles, California.
"First and foremost, the president wants us to win on these key, critical and emerging technologies," he said.
"The U.S. government spends about $150 [billion] to $170 billion a year on R&D," he said. "We need to direct that and prioritize those dollars into the areas that are most important for [the] national security mission."
"We as a country need to be having our great industry at companies, academic institutions and everyday Americans using this technology," he said.
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