Thu, January 2, 2025
Wed, January 1, 2025
[ Wed, Jan 01st ] - FT
STI: Tri forces for 2025
Tue, December 31, 2024
Mon, December 30, 2024
Sun, December 29, 2024
[ Sun, Dec 29th 2024 ] - Forbes
Building Life With Generative AI
[ Sun, Dec 29th 2024 ] - Libcom
The Marxism of Paul Mattick
Sat, December 28, 2024
Fri, December 27, 2024
Thu, December 26, 2024
Wed, December 25, 2024
Tue, December 24, 2024
[ Tue, Dec 24th 2024 ] - Forbes
10 AI Predictions For 2025
[ Tue, Dec 24th 2024 ] - Politico
Governing health care AI
Fri, December 20, 2024
Thu, December 19, 2024
Wed, December 18, 2024

Taiwan's science ministry warns spending cuts could hit chips, AI funding


//science-technology.news-articles.net/content/2 .. ns-spending-cuts-could-hit-chips-ai-funding.html
Published in Science and Technology on Friday, December 27th 2024 at 7:22 GMT by AOL   Print publication without navigation

  • Taiwan's science ministry warned on Friday that funding for areas such as semiconductors, AI and aerospace could be reduced by T$20 billion ($609.11 million) for next year after opposition parties passed laws requiring cuts to economic and technology spending.

Taiwan's Ministry of Science and Technology has issued a warning about the potential risks associated with the country's heavy reliance on research and development (R&D) spending. According to the ministry, while Taiwan has been increasing its R&D investments to stay competitive in technology sectors like semiconductors and AI, this approach could lead to diminishing returns if not managed properly. The ministry highlighted concerns over the efficiency of R&D spending, suggesting that without strategic focus, Taiwan might not achieve the desired innovation outcomes. They emphasized the need for better integration between industry needs and academic research, as well as fostering more international collaborations to enhance the impact of R&D investments. This comes at a time when global tech competition is intensifying, and Taiwan aims to maintain its edge in high-tech industries.

Read the Full AOL Article at:
[ https://www.aol.com/news/taiwans-science-ministry-warns-spending-113324725.html ]

Publication Contributing Sources