2024 US Presidential Election: A Turning Point for AI Regulation and Investment

6 Sources

The upcoming US presidential election between Kamala Harris and Donald Trump could significantly impact AI regulation, investment, and the industry's future. Their contrasting approaches to AI policy highlight the stakes for tech companies, consumers, and America's global competitiveness in AI.

News article

Contrasting Visions for AI Regulation

The 2024 US presidential election between Vice President Kamala Harris and former President Donald Trump is poised to significantly impact the future of artificial intelligence (AI) regulation and investment. As AI continues to evolve rapidly, the next president will play a crucial role in shaping the regulatory framework governing this transformative technology 1.

Harris, building on the Biden administration's initiatives, advocates for a balanced approach to AI regulation. She emphasizes responsible innovation while addressing safety and ethical concerns. Her agenda includes scaling up federal investments in AI research and development, with a focus on projects prioritizing safety, transparency, and accountability 12.

In contrast, Trump has pledged to "unshackle" the American tech industry from overregulation. His campaign promises to repeal Biden's AI Executive Order, arguing that it hinders innovation and imposes "radical left-wing ideas" on technology development 13.

Harris's Approach to AI Governance

Harris has been instrumental in shaping the current administration's AI policies. Key aspects of her approach include:

  1. Expanding the National Artificial Intelligence Research Resource
  2. Supporting the AI Bill of Rights framework
  3. Advocating for robust data privacy protections
  4. Emphasizing global cooperation on AI governance 12

Harris has also worked to secure commitments from major tech companies to align with the administration's AI goals and has helped obtain endorsements from 31 nations for responsible military AI development 2.

Trump's Deregulatory Stance

Trump's campaign and his allies advocate for:

  1. Repealing Biden's AI Executive Order
  2. Encouraging private sector growth with limited government oversight
  3. Launching "Manhattan Projects" for military AI
  4. Reducing regulations to foster innovation 13

However, Trump's protectionist trade policies might pose challenges for American AI firms relying on international markets and talent 3.

Impact on AI Investment and Industry

The election outcome could significantly influence AI investment trends. A survey of 500 technology industry business leaders revealed that 74% believe the election results will substantially impact the United States' ability to maintain its global AI leadership 3.

Regardless of the election outcome, 82% of business leaders intend to increase their company's investment in AI by at least 50% in the next year, indicating the sector's resilience and growth potential 3.

Silicon Valley's Stance

While tech industry leaders have diverse political affiliations, many support a balanced approach to AI regulation. OpenAI CEO Sam Altman, for instance, has donated to both Republican and Democratic candidates, including Harris 3.

Some industry figures argue that deregulation isn't necessarily the answer. Cohere CEO Aidan Gomez suggests that companies seek "guardrails" from Washington to advance more quickly, rather than a repeal of existing legislation 3.

State-Level AI Regulation

Regardless of the federal election outcome, states are likely to continue playing a significant role in AI rule-making. California, home to many AI companies, is expected to lead in regulatory efforts 5.

Global Implications

The election's outcome will have far-reaching consequences for international AI cooperation and competition. Harris has emphasized working with allied nations to establish global norms and standards for AI development and deployment 1. In contrast, Trump's "America First" approach might alter the landscape of international AI collaboration.

As the election approaches, the AI industry finds itself at a crossroads. The chosen path will not only shape the regulatory environment for AI in the United States but also influence global trends in AI development, deployment, and governance.

Explore today's top stories

Google Offers Free Weekend Access to Gemini's Veo 3 AI Video Generation Tool

Google is providing free users of its Gemini app temporary access to the Veo 3 AI video generation tool, typically reserved for paying subscribers, for a limited time this weekend.

Android Police logo9to5Google logoTechRadar logo

3 Sources

Technology

18 hrs ago

Google Offers Free Weekend Access to Gemini's Veo 3 AI

UK Government Considers Nationwide ChatGPT Plus Access in Talks with OpenAI

The UK's technology secretary and OpenAI's CEO discussed a potential multibillion-pound deal to provide ChatGPT Plus access to all UK residents, highlighting the government's growing interest in AI technology.

The Guardian logoDigital Trends logo

2 Sources

Technology

3 hrs ago

UK Government Considers Nationwide ChatGPT Plus Access in

AI-Generated Articles Slip Through Editorial Filters at Major Publications

Multiple news outlets, including Wired and Business Insider, have been duped by AI-generated articles submitted under a fake freelancer's name, raising concerns about the future of journalism in the age of artificial intelligence.

Wired logoThe Guardian logoFuturism logo

4 Sources

Technology

2 days ago

AI-Generated Articles Slip Through Editorial Filters at

Google's New Gemini-Powered Smart Speaker: A Glimpse into the Future of AI Home Assistants

Google inadvertently revealed a new smart speaker during its Pixel event, sparking speculation about its features and capabilities. The device is expected to be powered by Gemini AI and could mark a significant upgrade in Google's smart home offerings.

engadget logoGizmodo logoPCWorld logo

5 Sources

Technology

1 day ago

Google's New Gemini-Powered Smart Speaker: A Glimpse into

The Evolution of Search: How AI and Changing User Behavior Are Reshaping Digital Marketing

As AI and new platforms transform search behavior, brands must adapt their strategies beyond traditional SEO to remain visible in an increasingly fragmented digital landscape.

Gulf Business logoCampaign India logo

2 Sources

Technology

1 day ago

The Evolution of Search: How AI and Changing User Behavior
TheOutpost.ai

Your Daily Dose of Curated AI News

Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Spend less time searching for the latest in AI and get straight to action.

© 2025 Triveous Technologies Private Limited
Instagram logo
LinkedIn logo