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What are the opportunities and risks with AI?

Jul 24, 2025
Samuel Hammond, Chief Economist at the Foundation for American Innovation, shares insights on the contrasting AI strategies of the Trump and Biden administrations. He dives into the geopolitical implications of AI regulation and its effects on free speech and information consumption. Hammond emphasizes the balance needed between leveraging AI's potential and addressing its risks. The discussion also touches on the U.S.-China AI race and the future of artificial intelligence, including advancements in reasoning models and the impact on traditional jobs.
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INSIGHT

Proactive AI Strategy Focus

  • The Trump administration's AI action plan focuses on mastering AI technology proactively.
  • It emphasizes infrastructure, regulatory reform, and technology export to dominate AI globally.
INSIGHT

Contrasting AI Policy Approaches

  • Biden's AI approach is risk-averse and reactive, focusing on regulation and limiting government AI adoption.
  • Trump's plan accepts AI inevitability and aims to lead, not restrict its development.
INSIGHT

AI Tech Shapes Global Values

  • AI leadership affects global values and free speech through tech exports.
  • The U.S. aims to export its AI stack to influence standards, countering China's digital Belt and Road.
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