President Donald Trump's meeting with tech CEOs on artificial intelligence on Tuesday will focus on finding a balance between innovation and oversight, House Speaker Mike Johnson said, as the federal government seeks to define its role in the burgeoning technology.
"We do not need a moratorium. We do not need to jump in and hyper-regulate this, because we'll lose the race to China," Johnson said in an interview on Monday with Fox Business Network. "The innovation is important to continue, but we have to strike the right balance. That's what the conversation is going to be about."
The White House meeting, which will include Johnson, comes as leading AI companies are calling for slowing development of increasingly capable AI systems, warning of the risks to humanity and appealing for governments to work together to manage the increasingly powerful technology.
Trump has downplayed concerns over the misuse of artificial intelligence harming people as he stressed the importance of maintaining America's competitive edge over China. He says the US already has guardrails in place for the powerful technology, including at the Department of Justice.
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