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A.I. Leaders Press Advantage With Congress as China Tensions Rise

Mar 28, 2024 - news.bensbites.co
Silicon Valley chiefs are lobbying Washington lawmakers to address the perceived threat of China's progress in artificial intelligence (AI). Jacob Helberg, a senior adviser to Palantir, is organizing a conference on May 1, where over 100 tech leaders and investors will discuss the issue. The event, called the Hill & Valley Forum, will also be attended by lawmakers, including Speaker Mike Johnson and Representative Ritchie Torres.

The tech executives plan to lobby against AI regulations they deem burdensome and advocate for increased government spending on AI technology and research. They also intend to request relaxation of immigration restrictions to attract more AI experts to the U.S. This comes amid escalating tech and economic tensions between the U.S. and China, with recent moves including a proposed ban on the Chinese-owned app TikTok and China adding Intel and AMD chips to an import blacklist.

Key takeaways:

  • Over 100 tech chiefs and investors are set to meet in Washington on May 1 for a conference focused on increasing awareness about China's progress in artificial intelligence (AI).
  • Participants will include Alex Karp, the head of Palantir, and Roelof Botha, the managing partner of Sequoia Capital, along with dozens of lawmakers.
  • Tech executives plan to lobby against AI regulations they consider burdensome and will request more government spending on AI technology and research.
  • They will also propose relaxing immigration restrictions to attract more AI experts to the United States.
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