Supporters of artificial intelligence are welcoming Donald Trump’s re-election as a potential boost for the industry, though careful consideration on policy direction is essential, they say.

Trump’s win is “a positive thing” for the artificial intelligence business, said Ray Wu, managing partner at Silicon Valley venture capital firm Alumni Ventures, noting that promoting AI innovation requires a lenient regulatory approach.

“This industry is still very young,” Wu said. “Having clear guidelines is very helpful, so at least there’s a guardrail, but too much detail at this early stage will become a hindering force.”  

Trump has indicated he will roll back the Biden Administration’s October 2023 executive order requiring AI companies to disclose information about their safety protocols.

The order also directed the Commerce Department’s National Institute of Standards and Technology to counsel companies to correct biases and flaws in their AI models, among other provisions.

Critics of the order, like Republican Nancy Mace (R-SC), Go to Source to See Full Article
Author: Peter Saalfield