New US Rule Aims to Block China’s Access to AI Chips and Models by Restricting the World

This is a direct consequence of the so-called 'multipolar world' imo, and the aggression demonstrated by dictatorships like China and Russia. Not that I think this is good, it's a bad development, though other areas and countries do and will increasingly to the same in the future. I guess the democratic world -or the rest of it- has no choice other than that.

It may be a modern version of the multilateral export controls we already had during the Cold War in the 20th century.