Trump will stress AI innovation rather than risks

Significance While the Biden administration attempted to balance the economic and national security benefits of artificial intelligence (AI) with concern about the risks associated with its use, the incoming administration will boost the sector while relying on industry self-regulation to mitigate risks. Impacts The appointment of Sacks, the former CFO of PayPal, to the ‘czar’ role indicates an overall pro-industry and pro-innovation approach. While ‘Big Tech’ will benefit from US deregulation, it may also be affected by higher tariffs and possibly a continued antitrust drive. ‘Small Tech’, championed by other Trump tech-sector supporters such as Marc Andreessen, will find a mostly friendly environment.