Trump reelected, AI market in frenzy [Video]

Donald Trump, the 45th president of the United States, has won the recent election and is set to return as the 47th president after a four-year hiatus with 46th President Joe Biden at the helm. Any administration change brings the potential for policy shifts, and Trump has not been shy about vocalizing how he will make significant changes to America’s economic policies. These changes will trickle down in all areas, including emerging technologies like artificial intelligence (AI).

The upcoming Trump administration is expected to adopt a light-touch regulatory approach, which could mean a more open environment for U.S.-based tech companies to innovate without as many constraints. Trump has emphasized strengthening the American industry and protecting production, which is likely to influence the AI industry. One area that comes to mind immediately is the easing of restrictions established through Joe Biden’s executive order on AI, which created reporting and regulatory requirements.

In addition, Trump’s focus on tariffs and trade restrictions …