Paul Powers - AI

Trump's return to the White House is the best thing that could happen for our country's competitiveness in the AI race. The biggest threat to America's current narrow advantage in AI is regulation. Under Biden's administration, we have been heading toward complex, ineffective regulations and compliance hurdles that slow down American innovation and punish US startups. Trump plans to repeal Biden's executive order. Perhaps more importantly, we can expect him to invest more aggressively into America's competitiveness against China in the AI race. And this matters even if you're uninterested in technology. The race to AI dominance is more important and will have longer-lasting effects than the nuclear arms race of the Cold War. That's because the results of this race may be permanently irreversible.  Wall Street's response to Trump's victory is telling - investors want Trump, not Harris. And tech companies need investors. Trump's presidency will make investment more appealing with lower taxes and less regulation, and this will directly support American tech companies. With Trump's decision to have Elon Musk lead a Department of Government Efficiency, some of the biggest winners should be startups that support lowering government spend. These startups will be doing the American people a great service in return. Whatever your stance on where the government should invest its funding, one thing should be glaringly obvious to all: We're not getting what everything we're paying for. As one of countless examples in the military alone, the US Air Force was overpaying for soap dispensers from Boeing by about 8,000%.