Trump scraps signing AI executive order to keep ‘lead’ over China in industry

President Donald Trump announced on Thursday that he has postponed the signing of an executive order on regulating artificial intelligence (AI). He stated his decision was made because he "didn't like certain aspects" of the proposed regulations and expressed concern that they might hinder America's leading position over China in the AI industry. Trump told reporters that he wants to avoid anything that could impede this lead. The executive order, originally scheduled for signing that afternoon, would have required developers to submit AI models for voluntary federal review prior to public release. Trump believes current AI standards are beneficial, creating jobs and contributing positively.

President Donald Trump postponed signing an executive order on artificial intelligence, citing concerns that it could hinder America's technological lead. He announced the change hours before a planned Oval Office ceremony, stating he disliked the order's text and did not want to impede the nation's progress in AI, particularly in relation to China. This decision follows growing concerns within the banking industry and other institutions about AI's potential to exploit cybersecurity vulnerabilities. The administration had previously discussed the cyber capabilities of Anthropic's Mythos model. Trump's administration has generally viewed the AI sector as an economic driver, though there are internal divisions and public skepticism regarding the technology's impact.