• 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

Concerns Over Legal Liabilities for Crypto Developers

chest

Recent prosecutions highlight the risks faced by developers in the crypto industry amid ongoing legislative debates.

user avatarNguyen Van Long

Laurore Ltd Surfaces as Major Player in Bitcoin ETF Market

chest

Laurore Ltd has emerged as a significant buyer of BlackRock's iShares Bitcoin Trust, acquiring 8,786,279 shares valued at approximately $337.3 million, raising questions about its identity and motivations.

user avatarSatoshi Nakamura

Citigroup Raises Nvidia Stock Price Target to $270

chest

Citigroup has raised its price target for Nvidia stock to $270, anticipating strong revenue growth and performance in the AI sector.

user avatarJesper Sørensen

Robert Kiyosaki Predicts Market Slide and Advocates for Accumulation

chest

Robert Kiyosaki anticipates a significant market downturn and encourages investors to buy assets like Bitcoin and Ethereum during market panic.

user avatarRajesh Kumar

Legal Challenges Emerge for Crypto Platforms Amid Regulatory Scrutiny

chest

Legal challenges arise for crypto platforms in the US as state regulators take action against unlicensed wagering, leading to disputes over contract classification.

user avatarLucas Weissmann

Simon Dixon Critiques Ripple and XRP's Impact on Bitcoin

chest

Simon Dixon critiques Ripple and XRP for undermining Bitcoin's purpose, describing XRP as a psyop that causes division in the crypto community.

user avatarFilippo Romano

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.