Joe Manchin calls on Trump to freeze AI IPOs, claims president has 'power to save humanity'
Former Sen.Joe Machin, D-W.Va., called on President Donald Trump during a Monday appearance on CNBC's "Squawk Box" to use executive authority to pause new artificial intelligence IPOs until Congress passes legislation establishing safeguards for the rapidly developing technology.Manchin framed the request as an urgent step to prevent companies developing advanced AI from facing additional pressure to race ahead before lawmakers establish rules governing the technology."The President of the United States has the power to save humanity," Manchin said.
"They must be concerned about this thing can take off and think on its own and make its own decisions and override anything of humans and we can't stop it.If that's what they're concerned about, then stop it now when you can."Former Sen.
Joe Manchin called on President Trump to pause new AI IPOs until Congress establishes safeguards, saying the president has the "power to save humanity." (Nathan Howard/Getty Images)LIZ PEEK: AI ALARM BELLS ARE RINGING AND TRUMP NEEDS TO TAKE THEM SERIOUSLYRepublican National Committee member and Human First chairwoman Amy Kremer, who had previously called for AI safeguards while opposing a broad moratorium, pushed back on Machin's specific proposal, saying an IPO freeze would interfere with capital markets without addressing the underlying safety concerns."I do not support a President using executive authority to interfere with the markets," Kremer said in a Tuesday statement to Fox News Digital.An IPO freeze is the kind of top-down mandate that conservatives have long opposed, and it would not even address the actual risk.""What the President should use his executive power for is to demand pre-deployment testing begin immediately.
That is where the real safeguards belong, not in blocking companies from raising capital," she continued.RNC member and Humans First chairwoman Amy Kremer told Fox News Digital she opposes an AI IPO freeze, calling it the wrong way to address the technology...