“We believe we’re in an AI race,” White House AI and crypto czar David Sacks told reporters on a call Wednesday morning. “There’s a global competition now to lead on artificial intelligence, and we want the United States to win that race.”
“AI is a revolutionary technology that’s going to have profound ramifications for both the economy and for national security,” he continued. “So, it is very important that that American continue to be the dominant power in AI.”
The plan seeks to remove what the Trump administration deems as “onerous” regulations at both the federal and state level.
This includes limiting funding to states over their AI rules, as well as tasking the Federal Communications Commission with evaluating whether certain state AI regulations interfere with its mandate.
The framework also calls for a review of the Federal Trade Commission’s investigations launched under the Biden administration “to ensure that they do not advance theories of liability that unduly burden AI innovation.”
“We cannot afford to go down Europe’s innovation-killing regulatory path,” said Michael Kratsios, director of the White House Office of Science and Technology Policy.
“Federal agencies will now review their rules on the books and repeal those that injure AI development and deployment across industries from financial services and agriculture to health and transportation,” he added, noting they will seek input from industry as well.
Check out the full report at TheHill.com.
