Michael Kratsios

Assess where we are right now on AI.

group, for those who haven't been tracking as closely as we do every day, the plan really had essentially three pillars.

And it talked about how, one, how can the U.S.

continue to out-innovate our competitors?

Two, how can we drive the infrastructure build that we need to support this AI revolution?

And three, how do we actually share with the world or export our great American technology?

And

For each of those three pillars, there was quite a lot of actions that the federal government has taken to drive that forward.

And I think we're pretty proud to say that we've made, I think, pretty good progress on all three.

Just focusing a little bit on the innovation we were talking about earlier, I think the core insight that we've always had about how you drive this innovation is you have to have a regulatory environment that allows this technology to be developed and ultimately commercialized in the United States.

And the U.S.

has done a great job

compare it to the rest of the world on sort of setting that up and creating a framework that works, but we could always do better and improve it.

And the president in his speech in July talked a lot about this issue of a patchwork of state regulations and how can we ensure that there aren't 50 different rules around AI.

And what's most important about this debate, which I think a lot of people sometimes don't sometimes miss, is

The patchwork is actually most detrimental to early stage young companies and entrepreneurs.

If you want to develop a new AI technology, if you want to build something on top of one of our great frontier models, having to figure out how to navigate 50 different rules across 50 different states creates a lot of friction.

And ultimately, the big guys are the ones that can succeed in that environment the best.

So we're spending a lot of time trying to think about how can you create a legislative proposal that can actually deliver on a sensible national framework to solve this regulatory issue.

Yeah, I think in the executive order the president signed in December directing us to kind of work through this proposal, he listed a few things that the state should continue to be able to pursue individually on their own.