He waved off claims that rapidly advancing AI endangers people, calling them a hoax and likening them to climate change alarm and to the saga that ended with him being impeached twice in his first term. In the same post, he wrote, "We will not in any way hinder or stifle the Growth of this incredible Industry," and called AI "the next Industrial Revolution, or Internet, but will be even larger and more impactful, possibly as much as 25% of our Country's GDP." He added, "We are leading China, and the rest of the World, and I intend to keep it that way!" He did not provide immediate details on how an AI Force would be set up or what it would do.
As his second term began, Trump tapped David Sacks, the co-founder of Craft Ventures LLC, to serve as his AI czar. Sacks later relinquished that position, yet he continues as co-chair of the President's Council of Advisors on Science and Technology.
In the last week, top executives from the largest US AI platforms have urged slowing the speed at which their most advanced and most profitable models are developed, citing escalating risks. Alphabet's Google, OpenAI, Anthropic PBC and Meta Platforms Inc. each disclosed that their AI agents had hacked into other companies' systems. Trump has pushed back against the idea of slowing down. Meanwhile, Wall Street strategists have noted how much of the market's performance has been fueled by optimism about AI.
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Democratic lawmakers have been pushing harder for safety-focused regulation, and former President Barack Obama urged Democrats to make AI oversight a midterm campaign issue. Speaking at Colgate University in a Friday fireside chat, he said there is "a misalignment between what our society needs and the commercial imperatives that these companies are facing, not because necessarily they're trying to do bad things, but because they've got to justify these valuations." The tug of war between acceleration and guardrails feeds the AI story behind parts of the market. If safety concerns gain traction, timelines for AI-driven gains could shift, which affects when new products - and profits - show up in the real economy.
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