China and U.S. Place Their Chips on an AI Windfall

On the second day of his second term, President Donald Trump signed an executive order to launch a national AI strategy, emphasizing that strengthening U.S. leadership in artificial intelligence is vital for the nation’s economic stability and national security.　

AI is a powerful tool that can generate immense wealth while also posing a threat to social stability. In February 2019, during his first term, Trump launched the “American AI Initiative,” which included increasing investment in AI research, making government data more accessible, enhancing AI talent development, establishing AI regulations and fostering international cooperation. However, the initiative was not fully implemented.