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The Trump administration seems “very focused on the success of artificial intelligence,” Snap’s Evan Spiegel said Wednesday, adding that it is “mission-critical to our country’s future.”
Snap relies on AI to recommend content to its Snapchat app’s roughly 850 million monthly users.
“We’re going to need tools like artificial intelligence to continue to support the quality of life that we enjoy today,” Spiegel told Kara Swisher at Semafor’s World Economy Summit in Washington, DC. He added that he’s encouraged by the White House’s encouragement of investment into the technology and the “lighter touch” to regulation, particularly until it becomes more clear what the benefits of AI regulation might be.
AI may create some harm, he conceded, particularly for knowledge workers.
“Blue collar workers have been impacted by globalization” and automation, he said. “I think we could see a similar phenomenon with white collar workers. I’m not sure over what timeframe, but I think it could be highly disruptive.”
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The Trump White House’s hands-off approach to AI contrasts with the Biden administration’s stance on the technology. Former President Joe Biden prioritized the safe and secure use of AI, including by limiting federal agencies’ access to it.
Just before Biden left the Oval Office, the US Department of Homeland Security published new guidance on the “safe and secure” use of AI in sectors such as transportation, defense, and energy. The document included voluntary best practices for companies to implement AI safely and prevent its misuse.
The Semafor View
CEOS need to be fluent in emerging technologies, but artificial intelligence will become as ubiquitous as did mobile and digital. But as AI becomes embedded in organizations, CEOs will need a more nimble approach to project management.