Tripp Mickle

And on the other hand, he's also focused on the economic opportunity of this technology and how can the United States harness that economic opportunity.

There's a reason that our economy is driven by tech now, and it's because of a largely hands-off approach during a previous era.

In April, the entire tech industry got a wake-up call and so did Washington.

And that is because Anthropic, which is one of the leading developers of artificial intelligence in the country, announced that it had made a new model called Mythos that it said was very skilled at detecting and identifying

vulnerabilities in software and could be weaponized by people who wanted to do cyber attacks.

And all of a sudden everybody starts to think, oh goodness, like what are the downside risks here?

Like what are the possibilities?

And what are the possibilities?

These are really powerful systems and they can be used by bad actors to hack into the electric grid or hack into bank accounts.

to steal money to all of a sudden overnight turn off all the lights in New York City and create mass panic.

Anthropic said that it was so dangerous that it couldn't even release it to the public and instead was creating a bespoke group of 40 companies that were going to get early access to this model so that they could figure out how it might be used to find vulnerabilities in their software systems.

And concerns about this new model reverberate from the West Coast to the East Coast.

First, you have Microsoft, which has written most of the software code that the US government relies on, calling the administration and saying, hey, this is a big deal.

You need to take this seriously.

And then on the East Coast, you have figures like Jamie Dimon putting calls into the administration and saying, look, this is a risk for banks.

Right.

And this gets the ear of Scott Bessant and Susie Wiles.

Scott Bessant being the Treasury Secretary, Susie Wiles being the Chief of Staff.

They worry that if there is a cyber attack...

if there is some use of this technology in a way that shocks the American public, that if the administration continues to have a hands-off approach, it will look like it enabled that.