South Korea introduces world’s first ‘robot tax’

South Korea has introduced what is being called the world’s first tax on robots amid fears that machines will replace human workers, leading to mass unemployment. The country will limit tax incentives for investments in automated machines as part of a newly proposed revision of its tax laws. It is hoped the policy will make up for lost income … Continue reading South Korea introduces world’s first ‘robot tax’

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Competitive advantage not God-given – as US and Japan know

Technologist and author Henry Kressel reflects on the reasons for nations losing their industrial dominance. The story of electronics, he says, shows that innovation, driven by corporations but supported by governments, is key to competitive longevity By Henry Kressel I spent the first 20 years of my career in the research and development laboratories of … Continue reading Competitive advantage not God-given – as US and Japan know

Pentagon report highlights Chinese submarine buildup

Although China's expansion of its surface fleet is the most visible, more strategically significant is the PLA Navy's growing undersea force By Bill Gertz The large-scale buildup of China’s naval forces is the most visible part of a major rearmament campaign that has been under way for more than a decade. But Chinese development of … Continue reading Pentagon report highlights Chinese submarine buildup

China just took the lead in the quantum space race

Scientists lay groundwork for ultra-secure quantum internet By Christopher Scott Team of Chinese scientists released findings from a breakthrough study that makes China the indisputable leader in the field of quantum communication, an achievement that could be of immense strategic importance. The study, led by Pan Jianwei and published in Science magazine, successfully demonstrated the … Continue reading China just took the lead in the quantum space race

Why communist China’s first foreign military base? Location, Location, Location

By John J. Metzler UNITED NATIONS — Nearly six hundred years ago, huge Chinese fleets plied the Indian Ocean sailing as far as Arabia and the East African coast. The epic seaborne expeditions carried out between 1405 and 1432 under Adm. Cheng Ho and during the glorious Ming Dynasty were larger and far more encompassing than … Continue reading Why communist China’s first foreign military base? Location, Location, Location