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President Trump gathered leading artificial intelligence executives in Washington on Tuesday and renewed his opposition to government intervention. With concerns rising about AI escaping human control, the president placed his confidence in company led oversight rather than immediate federal restrictions.

“There's a belief that there should be tremendous self-regulation,” Trump said after meeting with the executives. “There was a lot of commonality in this room.”

Trump said he and the chief executives signed a “morally binding” accord intended to keep participating companies in line through “self-policing and group policing.” The agreement puts much of the initial responsibility for controlling AI risks on the companies developing the technology.

Trump later posted a copy of the accord on his Truth Social account. The single page document called for every participating company to adopt four measures designed to safeguard the technology, adding that “it might make sense to codify these steps into laws or regulations.”

Executives at the gathering said the commitments involved several forms of oversight. Those included technological controls intended to detect problems with new models, internal risk reviews, outside auditors, and other measures.

Meta CEO Mark Zuckerberg called the accord “a start,” while Anthropic CEO Dario Amodei indicated that important questions remained unresolved. “The mechanism, how we address those risks, is still under discussion,” Amodei said.

Amodei said progress had been made toward the United States winning the AI competition while also winning safely, though he emphasized that the technology still presents “real dangers.” Earlier this month, he published an essay titled “We Must Pace the Frontier,” which triggered a fierce debate about a cooperative slowdown in AI capability.

The accord also formally changed the technology’s name in government record keeping to Super Intelligence. “We've changed the name officially to SI,” Trump said.

The White House described the event as a “meeting and luncheon on Super Intelligence.” It took place in the East Room, where many of the same AI executives had attended a state dinner for Chinese President Xi Jinping only a few days earlier.

Elon Musk of Tesla, Jensen Huang of Nvidia, and Lisa Su of Advanced Micro Devices sat at the head table with Xi last Thursday. All three again received prominent seats near Trump during Tuesday’s gathering.

Following the meeting, Trump said he was “very close” to deciding who would serve as an AI czar and planned an announcement within the next three to four days. The guest list also included Google CEO Sundar Pichai, Microsoft CEO Satya Nadella, OpenAI president Greg Brockman, Palantir CEO Alex Karp, and Amazon founder Jeff Bezos.

The meeting came as the United States weighed several troubling disclosures about AI. Axios reported that OpenAI, Anthropic, and security researchers were reviewing thousands of incidents involving problematic actions by AI agents.

Florida’s attorney general also opened a challenge in state court seeking to stop OpenAI from training new models unless the company establishes outside safeguards. Even with those developments looming over the industry, skepticism did not alter the tone of the Washington gathering.

Trump repeatedly dismissed worries surrounding the technology after the meeting. He said he believed AI would make the world safer and argued that fears about data centers increasing costs had been overstated.

The president instead predicted that the new data center facilities “are going to make communities very happy.” His comments presented AI development as an opportunity to be encouraged rather than a threat requiring immediate and expansive government controls.

Earlier Tuesday, Trump appeared at an event launching a new government website powered by AI. He promised that the technology is “going to mostly be put to great use and we'll stop the bad use,” through the Department of Justice and FBI.

Trump also made clear that he would “never stifle the growth of technology that will be bigger than the industrial revolution.” For now, the accord leaves AI companies with the leading role in policing their systems, while acknowledging that laws or regulations could eventually follow.

DISCLAIMER: GoldInvestors.news is not a registered investment, legal or tax advisor or broker/dealer. All investment/financial opinions expressed by GoldInvestors.news are from the personal research and experience of the owner of the site and are intended as educational material. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur.