The likely repeal of President Joe Biden's Executive Order on AI, which mandates developers of powerful foundation models to share safety test results with the US government, could also aid xAI and its competitors in shipping new models faster. However, this could also lead to a rise in deepfakes and other wild, offensive, but also creative and imaginative AI imagery. Despite potential risks, the political shift is seen as beneficial for Musk's companies, particularly xAI.
Key takeaways:
- Donald J. Trump has won the 2024 U.S. presidential election, with significant support from Elon Musk who funded a political action committee advocating Trump’s re-election.
- All of Musk’s technology companies, including Tesla Motors, SpaceX, Starlink, Neuralink, X, and xAI, are expected to benefit from Trump's return to office due to potential loosened restrictions and reduced administrative burdens.
- xAI, Musk’s AI startup, is likely to become a more viable alternative to the U.S. government and military as a contractor and AI technology services provider, potentially joining the list of federally approved AI vendors.
- The likely repeal of outgoing President Joe Biden’s Executive Order on AI, which requires developers of powerful foundation models to share safety test results and other critical information with the US government, could aid xAI and its competitors in shipping new models faster.