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Sector with Most AI Regulation Changes in 2025 Due to Trump's Policy Shift?
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Trump Rescinds Biden's 2023 AI Executive Order Addressing AI Risks
Jan 21, 2025, 01:06 AM
President Donald Trump has rescinded President Joe Biden's 2023 executive order, Executive Order 14110, titled "Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence," which aimed to reduce the risks posed by artificial intelligence (AI) to consumers, workers, and national security. The revocation eliminates reporting requirements on advanced AI models and marks a significant policy shift in federal oversight of the rapidly advancing technology. Venture capitalists had criticized Biden's AI executive order, claiming it would hinder innovation and citing it as a factor in their decision to support Trump. The move has raised questions about the future of AI regulation in the United States and its implications for technological innovation.
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