Monday, June 17, 2024

Biden and Trump have stark differences in their stances on technology policy

Potential Impact of 2024 Presidential Election on U.S. Technology Policy

In the upcoming 2024 presidential election, the contrasting technology policies of President Joe Biden and former President Donald Trump are set to have a significant impact on U.S. technology policy. With both candidates gearing up for the race, their approaches to key technology issues such as artificial intelligence, quantum computing, and semiconductor chips could shape the future of tech regulation in the country.

Under the Biden administration, the focus has been on challenging China by boosting domestic chip manufacturing, imposing export controls, and addressing antitrust issues within U.S. tech companies. Additionally, the emphasis has been on developing AI security protocols and setting an example for federal authorities to follow in terms of AI use.

On the other hand, if Trump emerges victorious, the U.S. could see a shift towards less regulation of technologies like AI, a potential easing of trade restrictions with China, and a relocation of critical supply chains to safeguard national interests.

Tom Wheeler, a visiting fellow at the Brookings Institution and former chairman of the FCC, pointed out the urgency for the U.S. president to lead the next era of digital technology policy. He expressed concern that Europe could end up setting the rules for technology regulations if the U.S. fails to take the lead.

The difference in climate technology policy is likely to be a major area of contention between a Biden and a Trump administration. Biden has been focused on clean energy initiatives, while a second Trump administration could shift the focus to nuclear energy as a central part of the U.S. energy strategy.

The stance towards China is also expected to contrast between the two candidates, with Trump likely taking a more suspicious view of China and its role in technology and national interests. The approach to AI regulation will depend on the outcome of the House and Senate elections, as highlighted by Wheeler.

Overall, the 2024 election is poised to have a significant impact on U.S. technology policy, with potential shifts in regulation, trade relations, and industry focus depending on the outcome. Stay tuned for more updates on Trump and Biden’s approach to technology policy as the election draws closer.

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