President Donald Trump is pushing for his administration to establish an action plan for artificial intelligence (AI) within 180 days. The move is part of his agenda to maintain and strengthen America's position as a global leader in AI technologies. Since his return to the White House, Trump has been active in signing executive orders across various sectors such as energy, trade, and immigration.
David Sacks Appointed as AI and Cryptocurrency Czar
During a recent Oval Office briefing, Trump's appointed AI and cryptocurrency czar, David Sacks, shared insights into the administration's vision. Sacks, a renowned venture capitalist and former COO of PayPal, was selected for this role last month. Apart from leading efforts in AI, Sacks will also head the Presidential Council of Advisors for Science and Technology.
Leading the Charge in AI Innovation
Trump emphasized the importance of positioning America as the global hub for AI advancements. Speaking about Sacks, Trump praised his expertise in AI, highlighting his significant contributions to the field. The president's executive order aims to eliminate existing AI policies that hinder innovation while calling for a comprehensive review of current AI regulations.
Revoking Biden's AI Executive Order
In a move to realign AI priorities, Trump revoked former President Joe Biden's expansive executive order on AI from October 2023. The previous order sought increased transparency from AI developers, a directive that Trump deemed incompatible with his administration's objectives. The new order focuses on fostering a conducive environment for AI innovation and growth.
Introducing Stargate: A Revolutionary AI Infrastructure Project
Trump recently announced the launch of Stargate, a groundbreaking $500 billion AI infrastructure initiative. Developed as a collaboration between OpenAI, Oracle, and SoftBank, Stargate aims to drive significant job creation in the AI sector. Trump underscored the importance of retaining AI capabilities within the country to stay competitive globally.
Through emergency declarations and strategic investments, Trump is committed to expediting the development of AI infrastructure to address pressing national priorities. By championing AI innovation and fostering a supportive regulatory environment, Trump is positioning the US to lead the way in the ever-evolving landscape of artificial intelligence.
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By: ktan@businessinsider.com (Kwan Wei Kevin Tan)
Title: President Donald Trump Signs Executive Order to Boost American AI Dominance
Sourced From: www.businessinsider.com/trump-wants-us-create-ai-action-plan-180-days-2025-1
Published Date: Fri, 24 Jan 2025 06:04:24 +0000
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