White House announces 31 tech hubs to focus on AI, clean energy and more::The White House announced it is designating 31 technology hubs in an effort to improve American competitiveness in the technology sector.
This is the best summary I could come up with:
A tech hub designation is “a strong endorsement of a region’s plan to supercharge a critical technology ecosystem and become a global leader over the next decade,” the U.S. Economic Development Administration said on its website.
The move was authorized under the CHIPS and Science Act, the White House said, which Biden frequently touts as a highlight of his economic agenda.
“These Tech Hubs will catalyze investment in technologies critical to economic growth, national security, and job creation, and will help communities across the country become centers of innovation critical to American competitiveness,” the White House said in a news release.
The hubs focus on a wide variety of technological areas, including quantum computing, artificial intelligence, clean energy, medicine and biotechnology.
The designations “will be a widely recognized indicator of each region’s potential for rapid economic growth on the basis of their technological strength, and we believe will make it even more attractive to private investment and job creation,” Commerce Secretary Gina Raimondo said Sunday on a call with reporters.
The White House release said that “for too long, economic growth and opportunity has clustered in a few cities on the coasts,” adding that the hubs announced Monday were chosen to “represent the full diversity of America.”
The original article contains 465 words, the summary contains 207 words. Saved 55%. I’m a bot and I’m open source!
_number8_@lemmy.world 1 year ago
what is a tech hub? what does it do? i hate wishy-washy brochure-ass plans
Ghostalmedia@lemmy.world 1 year ago
Grants for certain regions to build up their tech sector. Specifics are at the bottom of this press release that was linked from that article.
whitehouse.gov/…/fact-sheet-biden-harris-administ…
jdeath@lemm.ee 1 year ago
AKA welfare for corporations
ikidd@lemmy.world 1 year ago
It’s a place you put all the servers people are going to remote into as they WFH anyway. Hopefully these areas give the company huge tax incentives that will be paid for by all the tax income they don’t get from all of the ancillary support development that will never happen.
thejml@lemm.ee 1 year ago
I think it’s a device you plug all your tech stuff into so they can communicate. It’s not as good as a tech switch though.