Trump's Big, Beautiful Handout to the AI Industry
Politics,Trump Administration,Spending Bills,Donald Trump,Republican Party,AI,Technology,Marjorie Taylor Greene
Not long ago, artificial intelligence executives were asking Congress for more regulation. The House of Representatives budget bill passed last week demonstrates how quickly the industry has changed course.
Inside the House bill is a moratorium on the sort of state-level AI regulations that have addressed political “deepfakes” and using AI to deny medical claims. At the same time the House bill cuts Medicare, it would funnel more money to tech companies to develop kamikaze drones.
For proponents of AI regulation, the House bill is the culmination of a shift in the industry’s mindset. Rather than paying lip service to popular concerns about AI, the industry has decided to partner with the Trump administration on its goal of “global AI dominance.”
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