US Official David Sacks Rejects Federal AI Licensing at G20 Forum
At the G20 Innovation Ministerial in Chapel Hill, the Trump administration pushed back against AI regulation, with OSTP director Michael Kratsios warning that outdated rules could stifle innovation and cause countries to fall behind. The US is promoting the 'Carolina Principles,' a pro-innovation framework favoring industry-led standards over government oversight, while AI czar David Sacks argued that creating an 'FDA for AI' or 'DMV for AI' would be disastrous for the sector.