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J.D. Vance claims that deregulating AI is beneficial for American workers and tech innovators

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J.D. Vance claims that deregulating AI is beneficial for American workers and tech innovatorsRepublican vice presidential nominee and U.S. Senator J. D. Vance speaking with attendees at a Chase the Vote rally at Generation Church in Mesa, Arizona. Taken on September 4, 2024. Photo by: Gage Skidmore.

In this post:

  • J.D. Vance said that the Trump administration’s support of AI and innovations will benefit both Democrats and those investing and leading tech firms.
  • Vance noted that Trump’s administration will not impose regulations on AI.
  • The U.S. Vice President believes that cheap labor has inhibited innovation in Western nations.

On Tuesday, Vice President J.D. Vance revealed that the Trump administration’s support of AI and tech innovations should benefit populists and those investing in and leading tech companies. He also said at the Andreessen Horowitz American Dynamism Summit that there is too much fear that artificial intelligence will replace jobs.

The American politician highlighted that Trump’s administration will not impose regulations on AI. He believes that not imposing regulations in the sector will give the tech sector the freedom to innovate.

J.D. Vance champions artificial intelligence advancements

The U.S. Vice President J.D. Vance acknowledged that the Trump administration was backing AI and tech innovations. He said that the administration’s support of AI and innovations will benefit both Democrats and those investing and leading tech firms.

Vance believes that there is too much fear that AI will simply replace jobs rather than expand the current offerings. He also noted that new technologies could lead to the displacement of certain jobs, as was the case with bank tellers when the ATM was invented. 

The American politician also argued that history indicated that innovation ultimately helped create more engaging, higher-paying jobs. He emphasized the importance of collaboration among government, businesses and labor organizations to empower workers as new jobs emerged from AI advancements.

The 50th U.S. Vice President acknowledged that the Trump administration promises to give the tech sector the freedom to innovate by not imposing significant regulations on AI. He also argued that cheap labor was fundamentally a crutch that inhibited innovation in the U.S. economy. Vance noted that “we don’t want people seeking cheap labor.” He maintained that the Trump administration wanted them to invest and build in the United States of America.

“And so I’d ask my friends, both on the tech optimist side and on the populist side, not to see the failure of the logic of globalization as a failure of innovation. Indeed, I’d say that globalization’s hunger for cheap labor is a problem precisely because it’s been bad for innovation.”

-J.D. Vance, Vice President of the United States.

The American politician also accused Western nations of growing lazy by relying on cheap labor instead of driving productivity. He said that countries like Canada and the UK that imported large amounts of cheap labor have realized stagnating productivity.

See also  Apple escapes major supply chain crisis at last minute as Trump eases tariff blow

Vance mentioned in February that the “civil war” between the tech right and the populist right was “overstated.” He also suggested that AI could enhance rather than undercut productivity gains for workers. The politician highlighted in his speech on Tuesday that “both our working people, our populists and our innovators gathered here today have the same enemy” – namely “40 years of failed economic policies.” He argued that it enabled globalization, with the goal of a “great American industrial renaissance” that uses innovation to boost worker productivity and drive wage gains.

Vance supports Trump Administration tariff and immigration policies 

The Marine Corps veteran has previously spoken about his desire to build a durable Republican governing coalition that combines conservative elites in tech, business, and finance with rank-and-file MAGA voters. His outlined coalition became clear during last year’s election when he and Trump gained with working-class voters across races and won the support of prominent tech elites like Musk, Andreessen and David Sacks.

The former Silicon Valley venture capitalist, who rose to national ranks as the face of MAGA’s populist-nationalist wing, was now at the center of the conflict brewing between the tech right and the populist right. Vance had remained silent in the wake of the clash in recent months between the two leading factions of the Trump coalition over the president’s approach to immigration restrictions, tax policy, artificial intelligence, and more. 

See also  Former Google CEO warns of AI arms race, says US should tap Canada's power potential

His silence changed on Tuesday after he went public with a clear message to both factions to squash the beef. He opened his speech by identifying himself as “a proud member of both tribes” on the right, accepting the apparent points of conflict between both factions. Vance dismissed the view that outsider observers had made about the conflict between the two camps. He said that the idea that tech-forward people and the populists were somehow inevitably going to come to a loggerhead was wrong.

The Vice President also applauded the Trump administration’s tariff and immigration policies and called for an extension and expansion of the 2017 Trump tax cuts.

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