Trump to meet leading AI CEOs, eyes policies to ensure Americans benefit from booming industry
Washington, June 11
US President Donald Trump has said he will soon meet the country's leading artificial intelligence executives and suggested his administration is exploring ways to ensure Americans directly benefit from the enormous wealth being created by the rapidly expanding AI industry.
Speaking at the White House after signing the Secure America Act, Trump described artificial intelligence as the most transformative industry the United States has ever seen and said maintaining America's lead over China remains a national priority.
"We are leading China by a lot," Trump said when asked about his upcoming discussions with technology executives. "And whoever leads that is going to really lead the world to a large extent; that's how big it is."
The President said he plans to convene a meeting with some of the most influential leaders in the sector in the coming weeks.
"I'm going to have meetings with the top 12 or 15 executives very shortly," Trump said.
While providing few details, Trump suggested the administration is considering mechanisms that would allow the broader public to share in the economic gains generated by artificial intelligence.
"We're talking about giving back something to the public," he said. "And if we do that, the public will become very rich, the people in our country, because that's the kind of money we're talking about."
Trump expressed confidence that technology companies would support such an arrangement.
"And I think they'll do that, and I think it'll make it very popular," he said.
The comments offer a glimpse into how the administration may approach the next phase of AI policy as investment in the sector accelerates and concerns grow over the concentration of wealth among a handful of technology companies.
The President did not elaborate on what form any public participation programme might take, nor did he identify which companies or executives would participate in the planned meeting. The White House has not yet released additional details about the discussions.
Artificial intelligence has emerged as one of the most competitive arenas in the global technology race, with governments and companies investing hundreds of billions of dollars in advanced computing infrastructure, semiconductor manufacturing and next-generation AI systems.
— IANS
Reader Comments
As someone from the US but living in Mumbai now, I find this fascinating. Trump always talks big about "making Americans rich" but rarely follows through with concrete policies. AI is moving so fast, especially in India with all the tech talent here. America needs to stay ahead, but shouldn't forget about the rest of the world too.
Typical Trump - big promises, no details. "We're talking about giving back something to the public" - such vague statements! But I'll say this: if America actually creates a system where ordinary citizens benefit from AI wealth, that would be revolutionary. India should watch closely, maybe we can adopt something similar for our IT sector. 🇮🇳
I'm an American working in Singapore and I see how AI is affecting the whole region. Trump's "America first" approach might work for the US, but AI is global. India, China, and Southeast Asia are all investing heavily. The real question is: will the benefits be shared globally or just concentrated in a few rich countries? As an American, I hope we lead ethically.
As a student studying AI in Pune, this is exciting but also worrying. Trump says AI will "make the public very rich" - but in India, we're already seeing automation replacing jobs in call centers and data entry. The wealth might end up only with the top 1% while others lose livelihoods. Need strong policies for upskilling and redistribution, not just vague promises. 😕
From a retired government servant's perspective in Delhi - this is all talk until we see action. Trump keeps saying America leads China in AI,
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