Silicon Valley backed Trump to kill AI regulation, now the industry is begging for rules
TL;DR
AI executives who funded Trump’s deregulation push now want a formal framework after chaotic export controls and model restrictions.
The AI industry that donated heavily to elect Donald Trump on the promise he would leave the technology alone is now asking for formal regulation, Politico reported on Friday. Executives at frontier AI companies told the outlet they view the administration’s ad hoc approach to model oversight as more damaging than anything the Biden administration had proposed.
The shift has been rapid. Trump entered his second term after a wave of Silicon Valley donations from billionaires who warned that Biden’s AI safety policies would crush American innovation. He spent his first year focused on stopping states from regulating the technology and signed a voluntary executive order on June 2 that asked companies to submit models for 30-day review before release.
But the voluntary framework was overtaken by events almost immediately....
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