• 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

Japan Tightens Access to Crypto Through Regulated Exchanges

chest

Japanese authorities are enforcing stricter access to cryptocurrency platforms, limiting services to those that comply with domestic regulations.

user avatarRajesh Kumar

PEPE Token Shows Strong Performance Against Major Cryptocurrencies

chest

PEPE token showed strong performance with a 146% increase against USD, maintaining stability and key support levels.

user avatarJesper Sørensen

Vitalik Buterin Emphasizes Individual Sovereignty in Ethereum Development

chest

Vitalik Buterin emphasizes the importance of individual sovereignty in Ethereum development, urging developers to prioritize resilience over convenience.

user avatarLucas Weissmann

Institutional Interest in Ethereum Grows Amid Regulatory Clarity

chest

Institutional investors are increasingly building on Ethereum due to clearer regulatory frameworks in the U.S., leading to a surge in stablecoin transfer volume.

user avatarFilippo Romano

Technological Advances Transform Fan Engagement in Sports

chest

Technological advancements in streaming and AI are reshaping how fans engage with sports content.

user avatarEmily Carter

DGrid Unveils Innovative Proof of Quality Mechanism

chest

DGrid unveils its Proof of Quality mechanism to ensure AI result reliability in a decentralized network.

user avatarKaterina Papadopoulou

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.