Tech's backlash against the Biden Administration continues into its dying days
NVIDIA calls new AI Chip regulations proposed by the Biden administration "unprecedented and misguided"; awaits return to Trump's policies that it said strengthened American leadership.
Today, NVIDIA followed a group of tech companies by releasing a scathing statement calling out the Biden Administration’s last-minute “Export Control Framework for Artificial Intelligence (AI) Diffusion” regulations.
Ever since President Trump was re-elected, the tech community has come out in full blast against the previous era of government censorship, monopoly, and intimidation that had for four years stifled innovation and economic success.
First, Marc Andreessen blew the whistle on the Biden Administration’s sanctions on more than 30 crypto companies and attempt to monopolize AI development.
Then, Mark Zuckerberg announced a withdrawal from Orwellian censorship rules that were forcefully imposed on the company by the Biden team during the later years of the pandemic.
Both stories broke on Joe Rogan’s podcast, again signaling that these announcements are made by bypassing traditional media outlets - also prone to over-friendly reporting of the Democratic party in order to maintain access and status.
NVIDIA Vice President of Government Affairs Ned Finkle is the newest member of the tech community to speak out, coming out forcefully against Joe Biden’s last-minute attempt to regulate AI Chips before leaving office next week.
A few days ago the Information Technology Industry Council, representing companies like Amazon, Microsoft, and Meta said the rule would place arbitrary constraints on U.S. companies' ability to sell computing systems overseas and cede the global market to competitors, according to Reuters, which had reported the exclusive details at the time.
NVIDIA has suggested that while cloaked in the guise of an “anti-China” measure, these rules would do nothing to enhance U.S. security. The company even went as far as calling it ‘unprecedented’ and ‘misguided’, with Biden’s decision putting the entire global progress in jeopardy.
The company wrote:
The first Trump Administration laid the foundation for America’s current strength and success in AI, fostering an environment where U.S. industry could compete and win on merit without compromising national security. As a result, mainstream AI has become an integral part of every new application, driving economic growth, promoting U.S. interests and ensuring American leadership in cutting-edge technology.
AI today is used by companies, startups and universities globally to advance healthcare, agriculture, manufacturing, education, and other fields, driving economic growth and unlocking the potential of nations.
NVIDIA highlighted how this was built on American technology, and the role President Trump’s first term played in the success, but that President Biden’s ‘sweeping overreach’ threatens to squander all work achieved so far.
In its last days in office, the Biden Administration seeks to undermine America’s leadership with a 200+ page regulatory morass, drafted in secret and without proper legislative review. This sweeping overreach would impose bureaucratic control over how America’s leading semiconductors, computers, systems and even software are designed and marketed globally. And by attempting to rig market outcomes and stifle competition — the lifeblood of innovation — the Biden Administration’s new rule threatens to squander America’s hard-won technological advantage.
It ends by welcoming the return of a Trump administration and hopefully reversing the decision as it is already undercutting American interests:
As the First Trump Administration demonstrated, America wins through innovation, competition and by sharing our technologies with the world — not by retreating behind a wall of government overreach. We look forward to a return to policies that strengthen American leadership, bolster our economy and preserve our competitive edge in AI and beyond.
Joe Biden is leaving office one of America’s least popular presidents, with a final 538 approval score at its lowest point: 36.2%.
Conversely, Trump is re-entering the White House with an average approval score of 47.4%, the highest in four years.