White House "Crypto and AI Czar" backs Trump's AI regulations, claiming they aim to reduce corporate compliance burdens
Jinse Finance reported that White House artificial intelligence and cryptocurrency advisor Sachs defended President Trump's move to limit state-level regulation of artificial intelligence, stating that this measure aims to reduce the increasing compliance burden on businesses. Sachs said that under the directive signed by Trump on Thursday, the administration is working with Congress to develop unified standards for regulating this emerging technology. Currently, the development of artificial intelligence models can take place in multiple states, each with its own regulatory standards. In an interview, Sachs said: "With fifty states each having their own rules, such a compliance system is very difficult for small businesses and startups to handle, especially for innovators. What we need is a single federal or national-level regulatory framework for artificial intelligence."
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