“National Science Foundation (NSF) Director Sethuraman Panchanathan told House appropriators today that the $10.2 billion proposed budget for the agency for fiscal year 2022 is necessary for the United States to remain a global tech leader, and to ‘outcompete’ China in its efforts to take the top spot.
‘For the first time in decades, the United States’ leadership in science and engineering is facing intense global competition,’ Panchanathan said today during a hearing of the House Appropriations Committee’s Subcommittee on Commerce, Science, Justice and Related Agencies.
‘Other nations, especially China, are investing vast resources in basic research and industries of the future, like artificial intelligence,’ he said. ‘The United States needs to take a comprehensive approach to R&D investment that brings science, engineering, and technological innovations to market much more rapidly.’…”
“’Clearly, we are at a moment where it is exceedingly important that we make sure that we’re investing in fundamental research, as well as the translational research both at the same time, so that we can outcompete and leap forward in terms of progressing,’ he said. ‘It is not about even being close as I said in my remarks, it’s about leapfrogging and being way ahead in terms of our innovation abilities.’…” Read the full article here.
Source: NSF Proposed $10.2B Budget Needed to Outpace China, Director Says – By Grace Dille, April 14, 2021. MeriTalk.