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What Trump's presidency means for the future of AI

Nov 21, 2024 - businessinsider.com
President-elect Donald Trump's administration is expected to prioritize AI development, with differing views on AI regulation among his allies. Some advisors are pushing for rapid AI development, with plans for military technology and reviews of AI regulations. Trump has promised to repeal Biden's executive order on AI to further innovation. However, Elon Musk, a significant campaign donor, has previously called for greater AI regulation and may be a voice of caution. Musk and Vivek Ramaswamy, his partner in the Department of Government Efficiency, plan to increase government efficiency, which may impact their views on AI regulation.

Vice President-elect JD Vance is expected to advocate for reduced AI regulation, arguing that it could hinder innovation and American growth. The tech industry anticipates that Musk's influence may lead to softer regulations and a more conducive environment for tech startups. However, it remains uncertain which direction the new administration will take on AI. Former Google CEO Eric Schmidt anticipates that Trump will roll back regulations, which could be beneficial for entrepreneurs but concerning for those wary of the dangers of AI tools.

Key takeaways:

  • Donald Trump's administration has differing views on AI regulation, with some allies pushing for rapid development of AI and others, like Elon Musk, advocating for more regulation.
  • Musk, who donated significantly to Trump's campaign, has previously supported California's SB1047 to regulate AI and has called for greater accountability in AI development.
  • Vice President-elect JD Vance, a former Silicon Valley venture capitalist and biotech executive, is expected to advocate for reduced regulation on AI, arguing that too much regulation could hinder innovation and growth.
  • Former Google CEO Eric Schmidt anticipates that Trump will roll back regulations, which he believes could be beneficial for entrepreneurs but potentially concerning for those worried about the risks of AI.
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