"From his inauguration to last month's glitzy White House dinner for the Saudis, Trump basks in the support, gifts and affirmation of the most famous AI leaders and companies in the world. The big picture: Trump has essentially fused Silicon Valley and government in a race to both beat China to all-powerful AI and rescue an economy that's treading water outside of the AI boom. He has rolled back regulations, awarded huge contracts, and downplayed concerns about AI safety or downside risk."
"The White House argues AI will augment, not replace, workers by making them more productive - and that jobs will be created in manufacturing, construction and energy services as America builds the physical infrastructure to support galloping AI. Kevin Hassett, director of Trump's National Economic Council, said on Fox Business this past week: "The AI economy is moving much faster than the dot-com economy in the '90s.""
"And the coaches [co-pilots] that AI is producing are going to help make a lot of productive workers a heck of a lot of money." The political risk: Trump is flooring the gas pedal at the very moment some of his most ardent MAGA backers are warning AI could destroy the working-class Americans who brought him to power. The fear is that AI and AI-powered robots will eat vital American jobs before the nation has time to prepare the U.S. workforce for sci-fi-level change."
Trump has fused Silicon Valley and government to race China for AI supremacy and revive a sluggish economy. He has rolled back regulations, awarded large contracts, brokered international deals, and partially shielded tech companies from tariffs. AI firms will gain from promised foreign investment in U.S. chip plants and data centers. The administration downplays safety concerns and frames AI as productivity-enhancing 'co-pilots' that will generate wealth for productive workers. Political risk arises as MAGA figures warn that AI and automation could eliminate vital working-class jobs and accuse elites of crony capitalism threatening the base.
Read at Axios
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