JD Vance Rails Against ‘Excessive’ AI Regulation at Paris Summit

TIME

U.S. Vice President JD Vance on Tuesday warned global leaders and tech industry executives that “excessive regulation” in the artificial intelligence industry will kill the rapidly growing industry just as it’s taking off.

Transcript

00:00We stand now at the frontier of an AI industry that is hungry for reliable power and high-quality

00:08semiconductors. Yet too many of our friends are de-industrializing on the one hand and

00:14chasing reliable power out of their nations and off their grids with the other. The AI future

00:21is not going to be won by hand-wringing about safety. It will be won by building from reliable

00:28power plants to the manufacturing facilities that can produce the chips of the future.

00:33Now at this moment, we face the extraordinary prospect of a new industrial revolution,

00:38one on par with the invention of the steam engine or Bessemer steel. But it will never

00:44come to pass if over-regulation deters innovators from taking the risks necessary to advance the

00:50ball. Nor will it occur if we allow AI to become dominated by massive players looking to use

00:58the tech to censor or control users' thoughts. And I'd ask if you step back a moment and ask

01:05yourself, who is most aggressively demanding that we, meaning political leaders gathered here today,

01:11do the most aggressive regulation? It is very often the people who already have an incumbent

01:17advantage in the market. And when a massive incumbent comes to us asking us for safety

01:23regulations, we ought to ask whether that safety regulation is for the benefit of our people or

01:29whether it's for the benefit of the incumbent. We can trust our people to think, to consume

01:35information, to develop their own ideas, and to debate with one another in the open marketplace

01:41of ideas. Now we've also watched as hostile foreign adversaries have weaponized AI software

01:49to rewrite history, surveil users, and censor speech. This is hardly new, of course. As they do

01:55with other tech, some authoritarian regimes have stolen and used AI to strengthen their military,

02:02intelligence, and surveillance capabilities, capture foreign data, and create propaganda

02:08to undermine other nations' national security. I want to be clear. This administration will block

02:15such efforts, full stop. We will safeguard American AI and chip technologies from theft

02:22and misuse, work with our allies and partners to strengthen and extend these protections,

02:28and close pathways to adversaries attaining AI capabilities that threaten all of our people.

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