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Trump's Vision for AI
How AI and Deregulation Could Transform America's Future
As the United States braces for a new Republican administration under President Donald Trump, the technological landscape is poised for a monumental transformation. With a pro-deregulation stance, Trump's policies could unleash unprecedented advancements in artificial intelligence (AI), cryptocurrencies, robotics, biotech, and space exploration.
Recent discussions among industry leaders and insights into Trump's emerging tech policies highlight a visionary roadmap for how America could position itself at the forefront of the next technological revolution. This article delves into Trump's AI philosophy, his plans for deregulation, and the potential implications for the future of technology in the United States.
Artificial Intelligence: The Catalyst for a New Era
"AI needs tremendous energy… literally twice the electricity available now in our country," remarked Donald Trump during his convention speech.
While brief, this comment underscores the immense scale and potential of AI technology—a point echoed by experts who predict that the projected demand could consume 100% of U.S. energy production by 2030.
At a recent Silicon Valley dinner with venture capitalists Marc Andreessen and Ben Horowitz, Trump elaborated further:
"AI is very scary, but we absolutely have to win. Because if we don't win, then China wins, and that's a very bad world."
This captures Trump's AI philosophy: less regulation, more competition with China.
Trump's AI Agenda
Repeal of Current AI Regulations: The Republican National Committee (RNC) platform commits to tearing down President Biden's AI executive order on day one. Instead, Trump favours industry-led safety testing, likely narrowing existing rules rather than eliminating them entirely.
Launch a "Manhattan Project" for AI Defense: Plans are being drafted for military-focused AI development programs, benefiting defense contractors like Anduril and Palantir, with a focus on competing directly with China.
Maintain a "Light-Touch" Regulatory Regime: Trump aims to use existing laws rather than creating new ones for AI regulation. This could lead to increased state-level regulation, particularly in Democratic states seeking to compensate for federal deregulation.
Potential Consequences of Trump's AI Policies
Ban on AI Censorship: He promises to “ban the use of AI to censor speech of American citizens,” potentially impacting how social media platforms moderate content.
Reduction in AI Safety Oversight: Agencies like the National Institute of Standards and Technology (NIST) could see their AI safety guidance work reduced to focus only on physical safety risks. The AI Safety Institute (AISI) might be wound down.
Tighter Export Controls on China: He's likely to pass stricter export controls, especially for AI development technologies, to prevent China from gaining an edge.
Trade Policies Affecting AI R&D: Proposed tariffs, such as a 10% tariff on U.S. imports and a 60% tariff on Chinese products, could squeeze the capital needed for AI research and development, impacting costs for hardware made in places like Taiwan.
Closing Loopholes: He could enforce the closure of loopholes that Chinese firms are using to access AI tools through cloud services.
Industry Reactions
Trump's "light-touch" approach could mean easier startup capital, faster tech deployment, and less global governance participation. These moves are popular in the industry—over 40% of C-suite executives worry about regulation costs, and many venture capitalists argue that current regulations risk creating monopolies like OpenAI.
However, there's a fascinating tension. Trump acknowledges that AI is “scary” while simultaneously pushing to remove safety guardrails. The ultimate irony is that his first term actually established some meaningful AI policies—focusing on R&D, workforce development, and protecting civil liberties—that the subsequent administration maintained.
Actionable Steps Under the Trump Administration
Establish AI as a National Priority: Recognize AI as critical infrastructure, investing in computational resources and research to ensure the U.S. stays ahead of global competitors like China.
Encourage Public-Private Partnerships: Foster collaborations between government agencies and tech companies to drive AI innovation, leveraging the strengths of both sectors.
Implement Industry-Led Safety Standards: Allow the tech industry to develop and adhere to its own safety testing protocols, aiming for rapid innovation while managing risks.
Bitcoin and Cryptocurrencies: A New Financial Frontier
With Bitcoin soaring to all-time highs, surpassing $76,000, there's a golden opportunity for the new administration to embrace cryptocurrencies as legitimate financial instruments. "There's incredible potential here to operate now and create a global store of value," industry experts have emphasized.
Key Insights:
Trump as the 'Bitcoin President': The administration could position the U.S. at the forefront of the cryptocurrency revolution. Trump has hinted at holding onto seized Bitcoin assets, potentially creating a government-controlled Bitcoin reserve.
Regulatory Reforms to Spur Adoption: Changing tax laws to treat cryptocurrencies as currencies rather than property could eliminate capital gains taxes on everyday transactions, making crypto more practical for consumers and businesses.
Financial Institutions Onboard: Allowing financial advisors and institutions to incorporate cryptocurrencies into portfolios would mainstream their use and open up new investment opportunities.
Tokenization of Assets: The ability to tokenize real-world assets could unlock trillions in value, revolutionizing investment and ownership models across various industries.
Humanoid Robots and Autonomous Vehicles: Accelerated by Deregulation
The advent of humanoid robots and autonomous vehicles represents the next industrial revolution. Companies like Tesla are pioneering these technologies, and Trump's deregulatory agenda could accelerate their development and deployment.
Key Insights:
Labor Shortages and Economic Growth: Humanoid robots could mitigate labor shortages, particularly in manufacturing and logistics, boosting economic productivity.
Regulatory Overhaul: Removing barriers that have slowed the deployment of autonomous vehicles and drones can position the U.S. as a leader in next-generation transportation.
Insurance and Liability Frameworks: Establishing clear guidelines for liability and insurance can accelerate adoption by reducing uncertainty for companies and consumers.
Biotech and Healthcare: Unleashing Innovation Through Deregulation
The biotech sector could experience a renaissance under a Trump administration committed to deregulation. This could fast-track advancements in gene therapy, regenerative medicine, and personalized healthcare.
Key Insights:
Accelerated Approval Processes: Easing Food and Drug Administration (FDA) regulations could bring life-saving treatments to market more quickly, benefiting millions.
Right to Try: Expanding policies that empower individuals to make decisions about their own healthcare could enhance access to experimental treatments.
Ethical Considerations and Safety: While promoting innovation, it's crucial to maintain ethical standards and ensure patient safety through transparent, evidence-based practices.
Space Exploration: A Renewed Vision for American Leadership
"we're going to be on the Moon in a couple of years and on Mars before 2030."
With Trump's previous establishment of the Space Force and a keen interest in space exploration, the new administration could further propel America's presence in space. Optimism abounds that "we're going to be on the Moon in a couple of years and on Mars before 2030."
Key Insights:
Public-Private Initiatives: Strengthening partnerships with private companies like SpaceX can accelerate timelines and reduce costs, fostering innovation.
Regulatory Support for Space Tech: Deregulation could remove red tape, allowing faster development and deployment of space technologies.
Inspiring National Pride and STEM Education: Ambitious space goals can inspire a new generation to pursue careers in science, technology, engineering, and mathematics.
Rethinking Democracy in the Digital Age
"the future of the world is not nation-states; it's city-states"
As technology transforms society, there’s a pressing need to reevaluate governance structures. The idea that "the future of the world is not nation-states; it's city-states" is gaining traction, aligning with Trump's emphasis on local governance and states' rights.
Key Insights:
Devolving Power to Local Governments: Empowering cities and states can lead to more responsive and efficient governance, tailored to the unique needs of local populations.
Liquid Democracy and Citizen Participation: Leveraging technology to enable direct citizen engagement in policy-making can revitalize democracy.
Balancing National and Local Interests: While promoting local autonomy, it's essential to maintain cohesion on national priorities like defense, economy, and infrastructure.
A Pivotal Moment for American Innovation
The convergence of these technologies presents a historic opportunity. Under President Donald Trump's leadership, with a focus on deregulation and pro-innovation policies, the United States could usher in a new era of technological dominance and economic prosperity.
Strategic Recommendations:
Embrace a Pro-Innovation Regulatory Framework: Adopt policies that encourage experimentation and rapid deployment of new technologies while ensuring safety and ethical considerations are addressed.
Invest in Critical Infrastructure: Prioritize funding for AI research, energy production, and broadband access to support technological growth.
Cultivate a Skilled Workforce: Launch national initiatives to educate and train Americans in high-demand tech fields, ensuring no one is left behind in the technological revolution.
As the world watches, the United States stands poised to lead into a new era of innovation and prosperity. The decisions made in the coming years will not only shape the national landscape but also set the trajectory for the future of humanity.
Sam Obeidat: Angel Investor, Futurist, AI Strategy Expert, and Technology Product Lead
Sam Obeidat is an internationally recognized expert in AI strategy, a visionary futurist, and a technology product leader. He has spearheaded the development of cutting-edge AI technologies across various sectors, including education, fintech, investment management, government, defense, and healthcare.
With over 15,000 leaders coached and more than 31 AI strategies developed for governments and elite organizations in Europe, MENA, Canada, and the US, Sam has a profound impact on the global AI landscape. He is passionate about empowering leaders to responsibly implement ethical and safe AI, ensuring that humans remain at the center of these advancements.
Currently, Sam leads World AI X, where he and his team are dedicated to helping leaders across all sectors shape the future of their industries. They provide the tools and knowledge necessary for these leaders to prepare their organizations for the rapidly evolving AI-driven world and maintain a competitive edge.
Through World AI X, Sam runs a 6-week executive program designed to transform professionals into Chief AI Officers (CAIOs) and next-gen leaders within their domains. Additionally, he is at the forefront of the World AI Council, building a global community of leaders committed to shaping the future of AI.
Sam strongly believes that leaders and organizations from all sectors must be prepared to drive innovation and competitiveness in the AI future. He is on a mission to
Connect with Sam Obeidat on LinkedIn
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