President Trump Dismisses AI Regulation Calls Amid Family's AI-Linked Investments
President Trump has publicly rejected calls for regulating Artificial Intelligence (AI), labeling concerns about its risks as a 'HOAX.' He has stated that he will not stifle the growth of AI, which he believes could be more impactful than the Industrial Revolution or the internet. This stance comes despite growing global anxiety and calls from some Silicon Valley leaders, including OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei, for caution and a slower pace of AI development. Trump argues that restricting AI development would harm competition and jeopardize the U.S. lead over China in the AI race. Concurrently, President Trump and his sons, Donald Trump Jr. and Eric Trump, have significant financial interests in companies tied to AI and defense technology. Donald Trump Jr. is a partner at 1789 Capital, a venture capital firm involved in digital infrastructure like data centers, and both sons are investors in Dominari Holdings and American Data Centers. They also have ties to defense technology firms...