Vance Slams AI Lobbyists: 'A Trojan Horse' for Market Protection
Vice President JD Vance is calling out tech executives who are lobbying for government regulation of AI. He argues that these leaders don't actually want to be regulated, but rather use safety concerns as a pretext to entrench their market positions and protect themselves from competition.
Vance claims this is a classic example of regulatory capture, where big companies frame rules as protecting the public while primarily protecting incumbents.
He advocates for a pro-growth policy environment that avoids heavy-handed intervention, warning that excessive regulation will not only slow innovation in the US but also push it offshore to more welcoming jurisdictions.
Vance has linked AI and digital assets like crypto as twin strategic technologies that the US cannot afford to lose to foreign competition. He has backed a stablecoin bill and urged the Bitcoin community to engage directly in AI policy discussions, arguing that regulatory philosophies governing one will inevitably shape the other.