Trump Opposes Slowing Down AI Development, While His Family Continues to Increase AI Investment.
5 Articles
5 Articles
While Donald Trump continues to refuse to regulate artificial intelligence, despite the demands of industry leaders in this direction, the Washington Post points to potential conflicts of interest on the part of the US President. In an article published on Sunday, September 20, the US daily reports that the Trumps have invested massively in the sectors related to the rise of AI, relying on their financial statements and corporate announcements.
Trump’s AI-related Investments Pose Conflicts
“President Donald Trump’s sprawling family business empire has become increasingly intertwined with the boom in artificial intelligence, at the same time that he has resisted calls to slow the development of the technology,” the Washington Post reports. ”Unlike his recent predecessors, Trump has not placed his assets in a blind trust, and he has continued […]
[Digital Daily Reporter Gu Ah-hyun] While the stock prices of related companies have been fluctuating amidst the growing argument that the pace of artificial intelligence (AI) development must be slowed, it has been revealed that U.S. President Donald Trump and his two sons have invested large sums in AI industries, including semiconductors and data centers. This coincides with President Trump dismissing calls to slow down AI development and sig…
Unlike previous Presidents, Trump refused to put his assets on a blind trust and has personal financial interests in sectors that benefit from the expansion of AI.
According to ChainCatcher, Trump and his family businesses are continuing to expand their investments in artificial intelligence, data centers, power infrastructure, and related technology companies. Financial disclosures show that since Trump's return to the White House, his investment accounts have disclosed nearly 30,000 securities transactions, including buying and selling shares in chip, server, and energy infrastructure companies such as D…
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