Trump's Big, Beautiful Handout to the AI Industry

[Passages]

The budget bill advanced by House Republicans bans states from regulating AI while pumping billions into autonomous weapons.


Matt Sledge
May 29 2025, 10:01 a.m.

Not long ago, artificial intelligence executives were asking Congress for more regulation. The House of Representatives budget bill passed last week demonstrates how quickly the industry has changed course.

Inside the House bill is a moratorium on the sort of state-level AI regulations that have addressed political “deepfakes” and using AI to deny medical claims. At the same time the House bill cuts Medicare, it would funnel more money to tech companies to develop kamikaze drones.

For proponents of AI regulation, the House bill is the culmination of a shift in the industry’s mindset. Rather than paying lip service to popular concerns about AI, the industry has decided to partner with the Trump administration on its goal of “global AI dominance.”

“The message is clear. The House Republican proposal is stealing from poor people to give huge handouts to Big Tech to build technology that is going to perpetuate the president’s authoritarian plans and crackdowns against vulnerable people,” said Kevin De Liban, the founder of TechTonic Justice, a nonprofit aimed at preventing tech from harming low-income people.
https://theintercept.com/2025/05/29/trump-big-beautiful-bill-budget-ai-regulation/

Sadly, what is new? The cons have been destroying regulations for decades, although now it is a dream come true for AI.