Billionaires Including Musk And Zuckerberg Stopped Trump’s Big AI Announcement—Here’s Why
Industry leaders persuaded the White House to shelve a plan for AI oversight as OpenAI backed state-level rules and safety advocates pressed for regulation.
- On Thursday, President Donald Trump abruptly canceled an executive order establishing AI safety guardrails, telling reporters he "didn't like" the draft due to concerns about hindering U.S. dominance over China.
- Meta CEO Mark Zuckerberg, SpaceX CEO Elon Musk, and David Sacks persuaded The White House to halt the order, arguing that regulations could stifle industry profits and economic growth.
- The abandoned framework would have established a 90-day notice protocol for companies to report new AI technologies for vulnerability scanning while protecting banks and utilities from cyber threats.
- OpenAI continues pursuing state-level AI controls, a strategy The White House supports, allowing the company to focus on regional regulations instead of relying on federal oversight.
- Accelerationists argue that strict regulations could hamstring the country in its competitive race with China, reflecting the administration's fear that slowing AI development might allow rivals to close the technological gap.
33 Articles
33 Articles
Zuck & Musk Derailed Trump Order On Regulating AI
Semafor reports: The Trump administration’s plans for an executive order regulating artificial intelligence were put on hold this week after some of the tech industry’s biggest players, including Elon Musk, Mark Zuckerberg, and venture capitalist David Sacks, persuaded the White House to call it off, according to people familiar with the matter. The push from industry was successful, these people said, because Musk and others were able to appeal…
Trump Cancels AI Executive Order At Behest Of Billionaires
Source: SOPA Images / Getty If you somehow need further proof that President Donald Trump cares more about the needs of billionaires than working-class Americans, despite more and more legitimate safety concerns arising over artificial intelligence (AI), Trump canceled a planned executive order intended to give the federal government oversight of AI models before they’re introduced to the public. Why? Well, because his billionaire buddies asked …
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