American legislators have been trying to outlaw the Chinese-owned software TikTok, and President Biden has reaffirmed his commitment to finding solutions.
Recently, Intel and AMD processors were added to the Chinese government’s list of banned imports. Silicon Valley heavy hitters have pounced on the chance to promote their interests in the booming AI industry as the US and China’s tech and economic competition heats up. On May 1, over a hundred IT CEOs and investors, including Palantir’s Alex Karp and Sequoia Capital’s Roelof Botha, will convene in Washington for a conference and dinner.
Several legislators, including Louisiana Republican Speaker Mike Johnson, will attend the Hill & Valley Forum. The newly formed House Artificial Intelligence task committee members will participate in fireside chats and keynote speeches during the event.
The tech industry’s top brass plans to use the gathering to protest what they see as too onerous artificial intelligence rules. They will also lobby for more government funding for scientific research and technological development and for a relaxation of immigration regulations to entice additional artificial intelligence (AI) specialists to settle in the US.
The gathering highlights a unique moment of consensus between Silicon Valley and Washington, two groups that have long held divergent views on data privacy, safeguards for children online, and even China.
Generative artificial intelligence (AI) has recently been the subject of intense lobbying due to its profound effects on innovation, employment, and production.
A nonprofit research group called OpenSecrets found that last year, there was a dramatic rise in the number of firms disclosing lobbying on artificial intelligence.
Academics and civil society organizations are worried that tech CEOs are capitalizing on the anti-China atmosphere in Washington, causing problems like job loss, misinformation, and election disruption.
