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What Trump's victory could mean for AI regulation | TechCrunch

Nov 06, 2024 - techcrunch.com
Donald Trump's election as the 47th U.S. president could bring significant changes to the AI industry, as he plans to dismantle Biden’s AI policy framework on his first day in office. Critics argue that Biden's executive order, which includes provisions for companies to report on their AI models and for the National Institute of Standards and Technology (NIST) to guide companies in identifying and correcting model flaws, is onerous and could stifle innovation. Trump's approach is expected to be less regulatory, but details are scarce.

The potential repeal of Biden's executive order could impact the U.S. AI Safety Institute (AISI), which could be wound down. State governments may step in to fill the regulatory void, with nearly 700 pieces of AI legislation introduced this year. Trump's protectionist policies could also impact AI regulation, with tighter export controls on China expected. These changes could have significant economic impacts on the AI sector and global ramifications, enabling more authoritarian uses of AI.

Key takeaways:

  • Donald Trump has been elected as the 47th president of the U.S. and plans to dismantle Biden’s AI policy framework on his first day in office.
  • Biden's AI Executive Order, which includes provisions for AI security risks and real-world safety impacts, has been criticized by Republicans for being onerous and an example of executive overreach.
  • Trump's victory could lead to a light-touch regulatory regime, potentially encouraging state governments to fill the void with their own AI legislation.
  • Trump's protectionist policies could lead to tighter export controls on China, including controls on technologies necessary for developing AI, which could have significant political and geopolitical ramifications.
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