The first time I drove an early version of the Tesla Model S, I knew Elon Musk had created something special.
Not only was it magic to drive, but I was blown away when the car made it through a yellow light 100 feet away from a dead stop.
That’s because older Tesla vehicles have an unlockable feature that lets them accelerate at racecar speeds.
It’s called Ludicrous Mode.
When it’s engaged, drivers can rocket the Model S from zero to 60 mph in 2.5 seconds.
Over the next four years, technological advances are going to unlock Ludicrous Mode for our economy and our way of life.
And on November 5, Americans put Donald Trump at the wheel… with Elon Musk in the passenger seat.
Now, my sole focus with The Daily Disruptor is to bring you the most cutting-edge information and ideas from the world of high-tech.
We’re going to cover things like AI, cryptocurrencies, robotics, bioengineering and space exploration…
And I’ll bring you innovative ideas before they become front-page news.
We’re not going to spend much time on politics.
But the moves Trump makes during his first 100 days in office are critical to understanding where we should focus our attention as we race towards the future in Ludicrous Mode.
Over the next few weeks, I’m going to take deep dives into areas of technology that I believe will be impacted the most once Trump returns to the White House.
And we’ll start with the biggest, most exciting tech breakthrough in recent years — one that, according to a recent IDC study, is estimated to add $19.9 trillion to the global economy by 2030.
Of course, I’m talking about artificial intelligence
What’s Our Current AI Policy?
The current approach to AI policy here in the U.S. is still a work in progress.
And that’s a problem with China nipping at our heels.
Biden played it safe.
In 2022, he issued an executive order to make the U.S. a leader in safe, ethical and responsible AI.
This Blueprint for an AI Bill of Rights identified “five principles that should guide the design, use, and deployment of automated systems to protect the American public in the age of artificial intelligence.”
Specifically, it urged federal agencies to look at:
- Implementing rigorous testing protocols.
- Enforcing accountability measures.
- Promoting transparency.
- And safeguarding civil rights, including data privacy.
Now, I don’t know anyone in the tech community who is against putting some guardrails around AI development. Nobody wants a rogue AI.
But I do know folks who consider elements of Biden’s executive order an overreach.
NetChoice, the U.S. Chamber of Commerce and the Software & Information Industry Association — which represent some of the largest AI and tech companies in the world — all stand against it.
Because his order hinders innovation at a time when we need to take the lead.
To complicate things further, within a year of the White House issuing its Blueprint, the Department of Commerce issued its own AI blueprint called the AI Risk Management Framework.
The problem is that both documents are toothless… they’re guidelines, not rules.
Even worse, these two documents contradict each other.
In fact, Daniel Castro, from the Information Technology and Innovation Foundation, warned about “big, major philosophical differences” between these two documents that created “different [and] at times adverse” outcomes for the industry.
So, as we reach the end of the Biden era, U.S. policy on AI regulation is holding this technology back.
But things are about to get very, very interesting…
A New President, A New Approach to AI
One of Trump’s first moves is to dismantle Biden’s AI Blueprint and use it as kindling for the White House fireplace.
He told us this in Cedar Rapids, Iowa last December:
But that’s just the start.
I expect that President Trump will take a sledgehammer to regulations like his first term in office, and that means loosening existing AI regulations and oversight…
Particularly around areas like facial recognition, algorithmic bias and data privacy.
Of course, this is a double-edged sword.
On the one hand, it could give tech companies more freedom to develop and deploy AI systems with less government intervention…
Which could help AI technology grow and improve faster.
On the other hand, I understand why privacy advocates and civil rights groups are worried about how AI deregulation could put people’s rights at risk.
Here’s My Take
The world is on the cusp of a new AI arms race. Companies and governments are spending hundreds of billions of dollars to win the future.
Russian President Vladimir Putin has already declared that the control of AI will be crucial to global power.
And the World Bank Chief economist declared: “Whoever leads in artificial intelligence in 2030 will rule the world until 2100.”
I’ve been pounding the table about the AI arms race for quite a while now…
Because I believe it’s as important as winning the atomic race of the 1940s.
America’s future is at stake.
Trump’s allies want to create a series of “Manhattan Projects” to implement AI in the world.
And I’m all for it.
I believe a new era of AI deregulation under Trump will unleash a wave of innovation the likes of which we haven’t seen since the 1940s.
This will benefit investors greatly.
Back then, companies like DuPont, Eastman Kodak and GE became Fortune 500 behemoths and offered shareholders a windfall of profits.
And I see the same kind of growth happening again in the months ahead.
Because I can tell you one thing for certain…
The trajectory of AI is going to change drastically during the Trump 2.0 administration.
And that means the trajectory of every company that creates, sells or uses it will change drastically as well.
When ChatGPT 3.5 was released in 2022, it seemed incredibly advanced. I remember thinking it was the biggest breakthrough since I drove that Tesla for the first time in 2009.
Yet according to OpenAI’s former CTO, Mira Murati, it only had “the intelligence of a toddler”
Two years later, OpenAI’s latest AI model has a PhD-like intelligence that mimics our human ability to reason.
And over the next four years, it’s quite possible — even likely — that AI technology could surpass human intelligence.
We’ve unlocked Ludicrous Mode.
Which means Trump’s AI agenda could be the most important move he makes in his first 100 days in office.
And I couldn’t be more excited about what it could mean for our investment opportunities.
I’ll have more on that in our next issue.
To a bright future,
Ian King
Chief Strategist, Banyan Hill Publishing
