Trump Rejects Calls for AI Regulation Amid Industry Fears Over Safety

Powerful AI risks warrant a slowdown in development

Powerful AI risks warrant a slowdown in development

Published a provisional code of conduct restricting weapons, violent/sexual content, and models imitating consciousness

Would welcome federal oversight for AI safety

Politicians are increasingly calling for legislation like kill switches and mandatory transparency

Pushed back on tighter federal AI regulation, calling it a 'sick conspiracy' that could cause financial ruin and let China gain a competitive edge

China's AI safety concerns focus on regime stability and political risk rather than existential catastrophe, and China is unlikely to slow AI development given its race to catch up

Published an AI manifesto listing political risk as the top of six AI risk categories

Xi and Trump may discuss AI at their summit, but meaningful bilateral technical dialogue on AI safety has not yet emerged

Hyperscalers have sound core businesses predating the AI boom while chip/infrastructure stocks are more solely reliant on continued AI spending

Rising yields are driven by inflation concerns tied to the Iran war's effect on oil prices, and markets now expect a Fed rate hike this week

Abbott agreed to a $385 million civil settlement rather than facing criminal charges some prosecutors sought

Did not admit liability or fault and says it is committed to earning consumer trust

YouTube should be banned in schools due to declining test scores and screen-use pressure on teachers

School administrators control what students watch and tools allow limiting or blocking YouTube

The new immigration rule targeting public-benefits users for green card/visa denial violates longstanding legal precedent

Umar Kremlev paid for two nights of post-wedding events in the Bahamas for Trump Jr.'s wedding

Called the payment an extraordinarily generous wedding gift from a friend

Said he didn't know Kremlev and called the after-party payment not a big deal

Democrats have high odds of retaking the House but face harder math in the Senate, and are hampered by a large fundraising gap versus Republicans, needing to focus on affordability to win over skeptical voters