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Technology

What are the potential benefits and risks of the government investing in AI companies like OpenAI?

President Trump surprised tech CEOs by suddenly pushing the idea of the U.S. taking a small ownership stake in AI giants, so the American people share in the upside of what will be trillion-dollar companies. "There's something very interesting about it, where it almost becomes a partnership with the American public," Trump told reporters aboard Air Force One yesterday. "It's like you make them [partners] in this revolution. It would be a beautiful thing. It would make 'em rich." Why it matters: OpenAI CEO Sam Altman has pushed this idea with the Trump administration over the past year. Sen. Bernie Sanders (I-Vt.) reignited the conversation this week when he proposed giving the public a "direct ownership stake" in top AI companies via a one-time 50% tax, paid in stock. Of course, industry advocates of the idea would favor giving up much less for an AI public wealth fund — 1-5% stakes have been kicked around. Between the lines: AI is broadly unpopular in the U.S. Some industry leaders, and now clearly Trump, think the technology's image would improve if all Americans participated in this mind-boggling wealth creation. Ahead of the expected stock offerings by Anthropic, SpaceX and OpenAI, Trump said there's "so much money, and it's so big, that there are concepts where pieces could be given to the American public, where the American public essentially becomes a partner . with the companies." "We'll look into that," Trump said. "We're talking about it, where the American people can benefit from the success of AI. And by doing that, they're gonna like it better . We're leading China. We're leading everybody in the world with AI, and we want to keep it that way." The backstory: Altman has pushed the concept in private conversations with administration officials, then in a proposal for an AI New Deal, then on Capitol Hill this week when he visited Sanders and leaders of both parties. A "Public Wealth Fund" was one of the provocative ideas in OpenAI's "Industrial Policy for

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Technology

What are the benefits and risks of having a national AI plan that changes state laws about technology?

The Trump administration's highly-anticipated recommendations for Congress on AI offer lawmakers a list of priorities rather than a concrete legislative plan. Why it matters: Though the framework marks a starting point from the White House, it will be incredibly hard for Congress to pass anything like it — even with Republicans in control. Disagreements over AI policy go well beyond Republican vs. Democrat, and they overlap with broader tech policy debates that Congress has never been able to solve. Friction point: The four-page framework calls on lawmakers to limit the ability of states to set their own rules for the technology, setting up a renewed clash with states and Congress over the future of AI regulation. It's not tied to any specific bills and doesn't resolve longstanding issues around protecting kids and overriding state law. What's inside: The framework says Congress should "preempt state AI laws that impose undue burdens to ensure a minimally burdensome national standard consistent with these recommendations, not fifty discordant ones." The proposal calls on Congress to: Address the use of AI replicas that simulate someone's likeness or voice.Codify President Trump's pledge to require tech companies to pay for their increased energy demands.Establish "regulatory sandboxes" to allow developers to experiment with AI under relaxed rules. It also focuses on kids' online safety: "AI services and platforms must take measures to protect children, while empowering parents to control their children's digital environment and upbringing," the framework states. Our thought bubble: It's a sign that this move is about the White House staking out a position and pointing to the framework as a demonstration it tried to set the rules of the road, rather than advancing a bill. The White House's biggest efforts on AI policy are focused on squashing state efforts to regulate the technology. Between the lines: The framework says the Trump administration "believes that traini

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Environment

What are the potential effects of changing or keeping air pollution rules on our environment and health?

EPA's reversal of the formal 2009 scientific finding that greenhouse gases threaten humans looks slated to land this week, per the WSJ, other reports, and people tracking the move. Why it matters: Rescinding the "endangerment finding" is the Trump administration's most direct effort yet to rip out climate regulations root and branch — and make it harder for a successor to impose new ones. The big picture: EPA did not confirm the timing, but pointed to Administrator Lee Zeldin's comments in the WSJ piece. "This amounts to the largest act of deregulation in the history of the United States," Zeldin tells the paper. "The final rule will be published once it has completed interagency review and been signed by the Administrator," EPA told Axios on Tuesday. The rule is certain to draw litigation that will play out over years. State of play: The agency is planning to remove the finding with respect to motor vehicle emissions specifically. But that could bring challenges to regulation of emissions from power plants, oil and gas sites, and beyond. What we're watching: The White House Office of Management and Budget website still lists the rule as under review. Meetings with outside parties looking to influence the plan are scheduled through Thursday, but that's not proof of anything

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