CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Cryptopolitan 2024-12-15 23:00:17

Marc Andreessen exposes Biden admin’s plan to control AI

Marc Andreessen criticized the Biden administration’s AI regulations, fearing that they would limit innovation. He learned that the government planned to restrict AI development to a few large companies. This led him to endorse Donald Trump, who he believes supports less government control over tech. Marc Andreessen is the co-founder of Andreessen Horowitz, an influential figure especially when it comes to the future of artificial intelligence (AI). Recently, he exposed his deep concerns over the Biden administration’s plan to regulate and control AI technology, after attending a series of meetings with government officials in May 2023. Andreessen criticizes Biden’s AI regulations Andreessen described the experience as “horrifying,” and it had a significant impact on his decision to endorse Donald Trump in the upcoming election. In the meeting, Andreessen learned that government officials were planning to take strong control over the AI sector, limiting its development and access to a few large companies that cooperate closely with the government. According to Andreessen, the officials clearly stated that AI startups would not be allowed to exist. He recalled the statement, “Don’t fund AI startups. That’s not something that we’re going to allow to happen.” The government’s plan was to establish a situation where only two or three major companies, tightly controlled and “wrapped in a government cocoon,” would be allowed to develop AI technology. These companies would receive government protection from competition and be fully directed by the administration on how to move forward with AI development. Government plans to limit AI Innovation What alarmed him was that the government would go even further by restricting access to the fundamental technology that powers AI. He explained that government officials suggested they could follow a similar path to the Cold War, where certain scientific areas, including physics, were classified and kept secret from the public and the research community. Andreessen was shocked when the officials suggested that AI could also be “classified” in a way that would limit or even prevent open research and development. This discussion raised serious concerns for Andreessen, especially since he had investments in AI startups. His firm has funded several cutting-edge AI companies, including Elon Musk’s xAI, Mistral AI, and Character.AI. The idea of controlling AI development would threaten his business interests and the tech innovation ecosystem. For Andreessen, this wasn’t just about his personal investments it was about the future of AI innovation in the United States. The Biden administration has taken an approach to AI, like issuing an executive order in October 2023 asking companies to voluntarily follow safety and transparency guidelines. The executive order called for companies to share safety test results with the government and for Congress to review data privacy practices. However, Andreessen claims that the government’s actual plan is much more controlling and stricter. He believes their anti-capitalist stance threatens innovation and the spirit of American business. His view is that the government’s approach to AI reflects a shift towards a more controlled economy. After the meetings, Andreessen decided to support Trump, who he saw as a leader promoting innovation. Trump’s approach of reducing government control over business and encouraging private companies in tech was the opposite of the Biden administration’s policies. A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.