The Trump administration’s initial strides in shaping policy for artificial intelligence (AI) are characterized by an apparent preference for minimal regulation to spur innovation. This approach focuses on tackling issues as they emerge rather than instituting preemptive comprehensive regulatory frameworks. This stance is in stark contrast to the Biden administration’s efforts, which included several executive orders aimed at harnessing AI responsibly. A notable decision rescinded Biden’s 2023 AI executive order.
This shift comes amidst a global landscape where the European Union has already enacted a sweeping AI Act, imposing a broad range of compliance requirements. The US, conversely, is only witnessing sporadic state-level legislative efforts such as Colorado’s AI Act and California’s AB 2013, which focus on “high-risk” AI applications and transparency requirements for AI developers respectively.
Early in Trump’s new term, an executive order was issued, which revoked several existing AI policies seen as impediments to national AI leadership. The administration has also solicited feedback through a request for information on an AI action plan, underscoring a desire for a reactive and less restrictive regulatory approach.
Despite current political changes, organizations should continue to align with existing state laws and regulatory directives initiated by the previous administration. These include federal measures addressing national security concerns, with the Bureau of Industry and Standards and the Federal Trade Commission taking active roles.
This ongoing regulatory formation requires businesses to maintain vigilance and adaptive strategies, anticipating that while federal AI regulations may evolve under the Trump administration, compliance with state mandates and former federal regulations remains obligatory until new rules are formally enshrined. Further insights can be found in Bloomberg Law’s comprehensive analysis here.