Trump calls off AI executive order over concern it could weaken US tech edge

5 hours ago

President Trump canceled an executive order on AI due to concerns it might weaken the U.S. technological lead over competitors like China.
The order would have created a voluntary framework for government review of advanced AI systems for national security risks before public release, involving companies like Anthropic, OpenAI, and Google.
There is growing concern in industries like banking about AI's ability to exploit cybersecurity vulnerabilities, prompting urgent meetings with Wall Street CEOs to discuss risks.
Trump's ambitions for AI as an economic driver clash with voter fears about its impact on jobs, life, and costs, creating divisions within his administration and the Republican Party.
Internal fractures in the administration are evident, with debates balancing safety testing of AI models against potential burdens on innovation and development speed.
While the White House resists state AI regulations to avoid curbing growth, it has engaged in voluntary agreements with tech companies for pre-release evaluations, though these efforts have been inconsistent.
The administration aims to promote innovation and win the global AI race while addressing cybersecurity threats and data privacy, seeking a collaborative approach with the tech industry.

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