While announcing his new so-called "AI Action Plan," which is primarily designed to eliminate regulatory hurdles for the industry, president Donald Trump made some baffling remarks.
While standing next to Nvidia CEO Jensen Huang, whose chipmaker leads the S&P 500 Top 10 Index with a multi-trillion-dollar market cap, Trump admitted he had no idea what Nvidia was, as Tom's Hardware noticed.
Due to the president's garbled communication style, it's unclear at what point he was unaware of what is currently the world's most valuable company. However, he did seem to suggest that he had previously wanted to break up the AI industry, for reasons that remained unexplained.
"I said, look, we'll break this guy up — this is before I learned the facts of life — I said we'll break 'em up," he said, while alluding to Huang. "I said, 'Who the hell is he? What's his name?' 'His name is Jensen Huang, Nvidia, ' I said, 'What the hell is Nvidia?' I've never heard of it before."
The baffling remarks underline just how uninformed the president often is on key issues, leaving it up to his aides to explain them to him.
Trump has also seemed baffled by his own family's cryptocurrency venture, proclaiming during a September livestream that "crypto is one of those things we have to do."
During his speech this week, Trump wasn't subtle about his attempt to cozy up to Huang, despite previously not knowing who he or Nivida were.
"What a job you’ve done," he said while repeatedly.
Naturally, Huang returned the favor.
"America’s unique advantage that no other country can possibly have is President Trump," he enthused.
... continue reading