Thinking the Thinkable on an AI Market Correction

A potential market correction in the artificial intelligence sector could have significant geopolitical consequences for the U.S.-China technology competition. In the event of a downturn, powerful interests will likely pressure Washington to loosen key technology export controls and offer concessions to Beijing regarding Taiwan for short-term economic relief. The author argues against these measures, warning they would severely damage long-term U.S. strategic and commercial interests. Instead, Congress should act to guarantee American access to cutting-edge AI chips, establish a statutory floor for export controls on China, and further institutionalize support for Taiwan to prepare for a long-term competition.