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Onward, a Fundrise Production

41: AI Policy under the Trump Administration, with Neil Chilson

Dec 20, 2024
Neil Chilson, Head of AI Policy at the Abundance Institute, brings nearly two decades of policy expertise to the conversation. He discusses crucial AI policy strategies in the U.S. versus the EU, spotlighting the balance between strict regulations and innovation. Chilson critiques past and potential shifts in AI policies under different administrations while emphasizing the need for clear federal guidelines. He explores the challenges of scaling tech beyond Silicon Valley and touches on state versus federal legislation impacts on AI and privacy.
51:12

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The podcast contrasts the EU's precautionary principle with the U.S.'s permissionless approach to AI regulation, highlighting differing impacts on innovation.
  • Discussing existential risks posed by AI, the conversation emphasizes the absence of immediate threats from current technologies compared to speculative fears.

Deep dives

The Precautionary Principle vs. Permissionless Innovation

The podcast discusses contrasting approaches to AI regulation, exemplified by the precautionary principle favored by the EU and a more permissionless approach typically found in the U.S. The precautionary principle suggests that new technologies should be rigorously vetted by the government before being released to ensure safety and mitigate risks. In contrast, the permissionless approach allows innovators to develop and deploy technologies without prior government approval, fostering rapid innovation and market adaptation. The host argues that treating AI like a medical device may inhibit innovation, as many AI applications do not pose the same risks as pharmaceuticals or medical devices.

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