Vice President Vance will speak at the American Dynamism Summit, emphasizing the necessity of minimal regulation in the artificial intelligence sector. His role as a former venture capitalist connects him deeply with Silicon Valley, reflecting a shift in federal policy where tech influences rival Wall Street. Following his appointment, Vance helped advocate for several tech-oriented positions within the Trump administration, aimed at fostering innovation rather than regulation. This alignment with Silicon Valley executives suggests a collaborative effort to secure U.S. leadership in advanced computing and technology development.
"Excessive regulation of the AI sector could kill a transformative industry," Vance warned Europeans in a speech earlier this month.
Tech sector venture capitalists successfully advocated for Vance to become Trump's running mate last year. They helped fuel Trump's campaign with millions.
A lot of founders and investors in Silicon Valley have a deep skepticism about Big Tech... They want to innovate and create, rather than censor and consolidate."
The president shares that view. So does the vice president, who has a strong personal network in that world going back to his business career.
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