It’s a new day and the United States has new leadership. Needless to say, the new administration has a lot of long nights to look forward to. President Biden’s first 100 days will set the tone for the next four years. The decisions he makes will influence a number of industries.
This will be especially true for the industries and businesses hit hardest by the pandemic. It won’t necessarily mean that every industry will see the new administration’s attention as beneficial, however.
Even before Joe Biden was sworn in, there were rumblings concerning the government increasing regulation on big tech companies. It’s a big story that’s slipped through the cracks for many over the past few weeks, but it’s worth paying attention to — both for what’s being said and what’s not being said.
Biden’s Plan for Big Tech
Over the next few days, Biden will continue to name the people who fill various positions throughout his cabinet. One spot being watched is the top role at the Department of Justice’s antitrust division. Talk has been carrying over from the Trump administration of possibly breaking up tech giants like Google. Likewise, there has been the idea of putting tighter restrictions on social media platforms like Twitter and Facebook. Progressives have seen this as an opportunity to try to lobby for someone who will move their agenda along. At the time that I’m writing this, the supposed top picks are people who have ties to industry giants. This is causing those progressives to worry that they won’t see the change they want.
It’s anyone’s guess exactly how this will all play out over the next few weeks. I just bring this up to provide you with some important context about the talk around big tech companies. This fight isn’t likely to go away. That means it’s something more media outlets will begin to talk about. It might even reach the point where it becomes a topic that the average person has an opinion on. It might eventually become heated dinner table conversation or the basis for off-the-rails social media mudslinging.
But there is an overlooked story that will get buried by all of this noise.
The Defense Advanced Research Projects Agency (DARPA) is at the center of this story, and the work it’s doing involves fixing a flaw that our technology has had for decades. Without getting too technical, the microprocessors that make the devices we use possible have been shrinking in size and getting more powerful over the past few decades. The problem is that they could only go so far when it came to their capability. That ceiling was hit about four years ago.
It’s arguably the most important issue no one is talking about. Think about all of the tech advances you’ve heard about in the past few years. Things like AI, smart technology, and 5G have all been in the headlines and will continue to be. All of these are going to require more computing power than we have and more than what our current microprocessors are capable of. That’s in addition to demand that’s going to be created as more people gain internet access and the number of connected devices climbs. Top computer engineers have been sounding the alarm on this issue for a while now, and it’s closer to becoming a crisis than ever before.
That’s why DARPA has teamed up with a small company to develop a breakthrough microprocessor technology that could solve this problem before the average person ever learns about it.
The small company working with DARPA is set to go from being a tech industry outsider to one of the sector’s most important names because of it.
The Future of Tech
While big names like Google and Facebook are fighting to justify their existence, the small company working alongside DARPA is set to reveal its work to the world. The returns that the company and its investors will get as a result could be once-in-a-lifetime.
The Defense Department put $1.5 billion into the program behind this project. Institutional investors like Vanguard, BlackRock, and JPMorgan are already pouring money into it.
There’s a lot of faith in what this company is doing. You’ll be able to see why when you read Jimmy Mengel’s report on it.
Don’t wait too long. Because of the critical nature of this project, it could be revealed to the public sooner than you realize. Once that happens, the company will take off.