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Trump Says Congress Wants to Regulate AI Industry ‘Out of Business’

admin3 months ago02 mins
FILE PHOTO: AI (Artificial Intelligence) letters and robot hand miniature in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic

By Courtney Rozen

WASHINGTON, Aug 7 (Reuters) – U.S. ⁠President ⁠Donald Trump said the ⁠U.S. Congress wants to regulate the AI industry “out of ​business,” according to a Punchbowl News interview published on Friday.

Read more Europe’s Getting Hotter, Markets Are Taking Note

Trump’s remarks underscore a ‌widening debate in Washington ‌over how aggressively to police a fast-moving AI industry that has ⁠largely ⁠operated without new federal rules. Lawmakers have released a range ​of proposals that have not yet moved forward, including a bill that would require developers of the most powerful AI models to submit them for ​independent security audits.

The debate over AI regulation became more urgent in the ⁠last ⁠few weeks, after developers ⁠OpenAI ​and Anthropic said their AI systems escaped containment during security testing. The ​OpenAI agent triggered a ⁠hack that compromised the infrastructure of the AI startup Hugging Face, a platform where developers store and collaborate on code for AI models.

The incident signaled that AI’s expanding capabilities are already fueling the security threat ⁠experts long feared and that even top developers can be caught off ⁠guard by flaws their models can exploit.

Read more Carney, Pressed on Trump’s ‘Nasty’ Canada Quip, Says He Is Defending Workers

The Commerce Department’s National Institute of Standards and Technology separately proposed guidelines on Friday for evaluating AI systems, and asked for public feedback. NIST’s job is to write standards for science and technology. The guidelines are for organizations that want to “measure the impact of their AI systems,” according to NIST. 

The guidelines are “the first step in ⁠standardizing the way the federal government evaluates AI systems both for itself and for its contractors,” said Ike Harris, executive director of the Washington, D.C.-based Frontier Security Institute, a nonprofit focused ​on AI and national security.

(Reporting by Courtney RozenAdditional reporting ​by Karen FreifeldEditing by Rod Nickel)

Read more Exclusive-Alibaba Plans to Charge Big Users of Its Next Open-Source AI Model, Sources Say

Copyright 2026 Thomson Reuters.

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  • From Michigan to Mississippi, Republicans Scramble to Avoid a Blue Wave
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