White House science and technology advisor Michael Kratsios opened a meeting of G7 tech ministers by urging governments to clear regulatory obstacles to artificial intelligence adoption, warning that sweeping new rule books or outdated oversight frameworks risk slowing the innovation needed to unlock AI-driven productivity.
"The United States is committed to promoting private-sector-led development of AI systems, applications, and infrastructure, to protect and foster innovation. This primarily requires us to throw off regulatory burdens that weigh down innovators, especially in the construction of the infrastructure that undergirds the AI revolution," said Kratsios in a draft of his remarks obtained by Fox News Digital.
"However, we also recognize the benefits of AI will not be fully realized by complete de-regulation. Regulatory and non-regulatory policy frameworks that safeguard the public interest while enabling innovation are necessary to earn the public trust in AI technologies that will allow broad deployment and fast adoption."
Trump wrote on his Truth Social platform Monday that he will issue a "One Rule" executive order later this week to establish a single national framework for artificial intelligence regulation, arguing that U.S. dominance in the technology will be "destroyed in its infancy" if he doesn’t.
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"The United States is committed to promoting private-sector-led development of AI systems, applications, and infrastructure, to protect and foster innovation. This primarily requires us to throw off regulatory burdens that weigh down innovators, especially in the construction of the infrastructure that undergirds the AI revolution," said Kratsios in a draft of his remarks obtained by Fox News Digital.
"However, we also recognize the benefits of AI will not be fully realized by complete de-regulation. Regulatory and non-regulatory policy frameworks that safeguard the public interest while enabling innovation are necessary to earn the public trust in AI technologies that will allow broad deployment and fast adoption."
Trump wrote on his Truth Social platform Monday that he will issue a "One Rule" executive order later this week to establish a single national framework for artificial intelligence regulation, arguing that U.S. dominance in the technology will be "destroyed in its infancy" if he doesn’t.
White House official presses allies to free AI from innovation-killing regulations
White House science and technology advisor Michael Kratsios urges G7 nations to clear AI regulatory obstacles, warning that sweeping rulebooks could slow needed innovation.
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