Whats Driving Trumps Big A.I. Pivot

ImageAndrew here.We’ve got the back story on President Trump’s new executive order on artificial intelligence.

We’re also looking at the plunge in crypto prices — and where they may go from here.And there’s a fascinating development behind the scenes of the SpaceX I.P.O.

Employees are trying to negotiate collectively with Wall Street banks and wealth advisers to manage their expected riches from the offering.More below.

ImageWho controls A.I.?Artificial intelligence has driven huge stock market rallies and is bolstering economic growth.But it’s also becoming politically unpopular, presenting governments around the world with a dilemma: Do you let this engine run its own course, or rein it in some?Now, even the regulation-averse Trump administration seems to be choosing the latter option.

That has already rankled some in the U.S.technology world, and it risks straining the administration’s relationship with Silicon Valley.The latest: On Tuesday, President Trump signed an executive order setting up a voluntary system whereby A.I.

labs would give the government access to new models up to 30 days before releasing them to the public.It’s a shift in his laissez-faire approach to A.I.Two weeks ago, Trump ditched an earlier version of the order that would have required a 90-day review period after David Sacks, the administration’s former A.I.

czar, objected.At a confidential meeting on Monday, Sacks blessed the revised version after the timeline was cut to 30 days, The Times reports.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access.

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