Article content
(Bloomberg) — President Donald Trump said he would approve an executive order this week establishing “ONE RULE” on artificial intelligence aimed at limiting state-level policies regulating the technology.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account. National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account. National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Sign In or Create an Account or
Article content
“I will be doing a ONE RULE Executive Order this week. You can’t expect a company to get 50 Approvals every time they want to do something,” Trump posted Monday on social media.
Article content
Article content
A draft of a potential order seen by Bloomberg Government last month would allow the Department of Justice to sue states over AI regulations it deems unconstitutional and threaten funding cuts to states with laws considered too burdensome or restrictive.
Article content
Article content
The forthcoming order marks the latest bid by Trump to put his imprint on policy for AI, a technology that is rapidly developing and seen increasing adoption by business, government and the public. It would mark a victory for AI industry leaders who have criticized a state-by-state approach to regulation.
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
The fast-paced spread of AI has prompted states to enact policies meant to protect their citizens from potential harms, as Congress has yet to agree on a federal regulatory framework.
Article content
White House National Economic Council Director Kevin Hassett in an interview Monday on CNBC, said he had seen a draft of the order.
Article content
“There are some states that want to regulate these companies within an inch of their lives,” Hassett said. “This executive order that he’s promised to come out is going to make it clear that there’s one set of rules for American companies in the US.”
Article content
Earlier: Trump Seeks to Halt State AI Rules Vilified by Tech Industry
Article content
Trump and tech industry leaders have warned that a patchwork of differing laws across the states will stifle innovation and complicate compliance for companies. Trump’s push to preempt state laws, though, has drawn condemnation from some Republican governors, including Ron DeSantis of Florida and Sarah Huckabee Sanders of Arkansas. Any executive order is likely to face legal challenges.
Article content
Article content
The order is part of a broader administration effort on AI as Trump seeks to ensure that the US — and not China — is dominant in the field.
Article content
“We are beating ALL COUNTRIES at this point in the race, but that won’t last long if we are going to have 50 States, many of them bad actors, involved in RULES and the APPROVAL PROCESS. THERE CAN BE NO DOUBT ABOUT THIS! AI WILL BE DESTROYED IN ITS INFANCY!” Trump posted.
Article content
The president has signed orders aimed at making it easier to build AI infrastructure in the US as well as power the energy-hungry data centers needed for the technology. And he’s sought to smooth the process for American firms to export their products. A recent visit from Saudi Crown Prince Mohammed bin Salman saw him obtain US approval for the sale of advanced AI chips to the kingdom.
Article content
Last month, Trump also signed an order establishing a “Genesis Mission,” to better coordinate research by agencies across the government and more effectively integrate AI tools to achieve scientific breakthroughs.
Article content
—With assistance from Oma Seddiq.
Article content
(Updates to add Hassett remarks, additional background starting in third paragraph)
Article content