• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Marc Andreessen’s Concerns Over Biden’s AI Regulatory Plans

user avatar

by Giorgi Kostiuk

a year ago

Marc Andreessen, co-founder of Andreessen Horowitz, expressed concerns over the Biden administration’s plans to regulate AI technologies.

Criticism of Biden’s AI Regulations

During recent meetings with government officials in May 2023, Andreessen learned about the plans to limit AI development to a few large companies. He described this as 'horrifying' and mentioned it significantly influenced his decision to endorse Donald Trump in the upcoming election.

Don’t fund AI startups. That’s not something that we’re going to allow to happen.government officials

Government Plans to Limit AI Innovation

Andreessen was alarmed by plans to restrict access to key AI technologies. Government officials hinted at hindering open research and development, posing a threat to Andreessen’s investments in companies like Elon Musk's xAI, Mistral AI, and Character.AI.

Reasoning Behind Supporting Trump

Andreessen sees the Biden administration’s approach as threatening innovation and business spirit in America. He believes Trump promotes innovation and reduces government control over business, contrary to the current administration’s policies.

Marc Andreessen believes the proposed measures could restrict AI development in the US, leading to a more controlled economy.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum and BNB Maintain Strong Positions in Crypto Market

chest

Ethereum and BNB are highlighted as solid investments for 2025, with Ethereum's upcoming upgrades and BNB's ecosystem support.

user avatarTenzin Dorje

ERC8004 Standard Revolutionizes Crypto Transactions

chest

The ERC8004 standard was introduced to address trust issues in crypto transactions by creating an on-chain Agent-to-Agent protocol.

user avatarElias Mukuru

x402 Protocol Transforms Payment Execution in Crypto

chest

The x402 protocol converts HTTP 402 status codes into a micropayment rail for APIs and machine-to-machine transactions.

user avatarBayarjavkhlan Ganbaatar

ERC8004 and x402 Protocols Create a New Era for Crypto Agents

chest

The integration of ERC8004 and x402 protocols marks a significant advancement in the crypto ecosystem, enabling seamless interaction and payment processes for crypto agents.

user avatarMohamed Farouk

US-China Trade Agreement Achieves Major Tariff Reductions

chest

The recent trade agreement between the US and China results in significant tariff reductions, easing trade tensions.

user avatarDiego Alvarez

Senate Stalemate Threatens Federal Pay and Market Stability

chest

The Senate's failure to pass the Shutdown Fairness Act has halted progress on reopening the US government, affecting federal employees and contractors.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.