The Biden-Harris Administration is cracking down on artificial intelligence (AI)

By the time you read this, Vice President Kamala Harris will have already met with CEOs from Google, Microsoft, OpenAI, and Anthropic to discuss responsible AI innovation and necessary public safeguards.

Four words: too little, too late.

This meeting was announced after more than 2,600 tech executives, including Tesla CEO Elon Musk, signed an open letter urging for a temporary pause on AI development out of “safety concerns.”

But Elon’s credibility on AI is questionable—this is the guy that put self-driving cars on the market. He’s also contradicted the open letter by launching his own ChatGPT competitor, TruthGPT, for “maximum truth-seeking AI.”

It’s worth noting that Elon wasn’t invited to meet with VP Harris today. That meeting is reserved for leading AI developers—and Tesla isn’t one of them. This makes me suspicious about Elon’s true motivation for supporting a pause in AI development.

Plus, he knows better than anyone that there is no “pausing” AI. You can’t close the barn doors after the horses have already bolted.

If I were Elon, I’d want time to catch up, too.

I’ll give you my theory on the ulterior motives behind this open letter during this morning’s episode of American Institute for Crypto Investors LIVE. We also covered:

  • More artificial intelligence (AI) news, including a new ChatGPT plugin for investors.
  • A full review of today’s cryptocurrency markets and the assets I’m eyeing to buy.
  • More thoughts on the banking crisis and why I’m predicting more chaos to come.

Press play to watch American Institute for Crypto Investors LIVE from this morning.

The White House & AI discussion begins at 22:20.

Stay liquid,

Nick Black


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