President Donald Trump has wasted no time in making his mark on the tech industry in his first 100 days in office. In a flurry of executive actions, Trump has halted the enforcement of the TikTok ban, rolled back Biden-era AI safety guidelines, and announced a massive $500 billion investment in AI infrastructure.
One of Trump's first moves was to sign an executive order refusing to enforce a rule that demands TikTok spin off from its Chinese parent company, ByteDance, or face a ban. This move effectively extends the deadline for ByteDance to sell its stake, giving Trump's administration time to determine the appropriate course forward. Trump has also expressed interest in having Elon Musk or Larry Ellison buy TikTok, stating that he would be open to negotiating a deal in front of the media.
In another significant move, Trump rescinded an executive order signed by Joe Biden in 2023, which established safety guidelines for generative AI. The Biden-era order required developers of large AI models to share the results of safety tests with the US government and directed the National Institute of Standards and Technology to develop standards for safety testing. Trump's decision to roll back these guidelines has raised concerns about the potential risks of unregulated AI development.
Trump has also announced a massive $500 billion investment in AI infrastructure, with plans to build a system of data centers for artificial intelligence. The project, dubbed "The Stargate Project," will be funded by Softbank, OpenAI, and Oracle, among other tech giants. The investment is expected to create new AI infrastructure in the United States, with the first project set to break ground in Texas.
In addition to these moves, Trump has also taken steps to undo Biden-era policies on electric vehicles, declaring a "national energy emergency" and signing an executive order to weaken tailpipe emission standards. This move is seen as a major blow to environmental efforts and a boon to corporations looking to pollute more freely.
Trump's tech-friendly stance has been welcomed by many in the industry, with tech billionaires like Elon Musk and Larry Ellison attending his inauguration and showing support for his policies. However, critics argue that Trump's moves will have far-reaching and potentially damaging consequences for the environment, public health, and national security.
As Trump's first 100 days in office come to a close, it is clear that his administration will have a profound impact on the tech industry. With his focus on deregulation and investment in AI infrastructure, Trump is poised to reshape the industry in his image. However, only time will tell if these moves will ultimately benefit the American people or simply line the pockets of corporate interests.