Trump Tech: Transatlantic Collision Expected
President-elect Donald Trump is getting ready for his inauguration, but his tech policies are still a bit unclear. However, one thing that seems certain is potential clashes with Europe on tech issues.
Since the recent US presidential elections, big names like Tim Cook from Apple, Sam Altman from OpenAI, Mark Zuckerberg from Meta, Masayoshi Son from SoftBank, and Jeff Bezos from Amazon have visited Mar-a-Lago to congratulate Trump on his victory and support his inauguration ceremony.
In return, these CEOs are hoping for less regulation or regulations that benefit their companies. While Trump seems to support cryptocurrencies and stricter rules on exports to China, his stance on other tech issues like antitrust and AI is less known.
What we do know is that there might be a clash between the US and Europe regarding tech competition. Under the previous administration, antitrust lawsuits were filed against big tech companies like Amazon, Apple, and Google. Although the situation might change under Trump, there’s still a possibility of tension, especially with Europe’s strict antitrust laws.
When it comes to AI, Trump has expressed concerns about the potential risks to jobs and security but plans to eliminate some of the controls set by the previous administration to promote AI development. On the other hand, Europe is moving forward with its own regulations on AI, causing some delays for US companies looking to launch AI products in Europe.
Overall, while Trump’s tech policies are still a bit hazy, it seems likely that conflicts with Europe on these issues will arise. Stay tuned for more updates on this evolving situation.
