If Trump reduces federal AI regulation, state governments may step in to fill the regulatory void. Several states have already enacted AI-related laws. Trump's AI policies are currently unclear, but he has previously expressed support for AI development that promotes "free speech and human flourishing". The America First Policy Institute, a Trump ally, has proposed an executive order to reduce AI regulations and advance military AI capabilities.
Key takeaways:
- House Speaker Mike Johnson, a Trump supporter, has suggested that Republicans may repeal the bipartisan CHIPS and Science Act, a Biden initiative for domestic semiconductor chip production, and instead "streamline" it.
- Elon Musk, who has supported Trump's campaign, may seek regulatory influence in the new administration. His AI company, xAI, and other ventures could potentially benefit from regulatory changes under a new administration.
- If federal regulation of AI is reduced, state governments may step in to fill the regulatory gaps. Several states have already enacted protections and oversight systems for AI deployment.
- Trump's policies on AI are unclear but seem to lean towards deregulation. He has previously signed executive orders focusing on AI research and development, but it's uncertain how these will influence future positions on AI regulation.