Pentagon Tech Chief Opposes Government Stakes In AI Companies

According to CNBC, Department of Defense chief technology officer Emil Michael said the Trump administration should not seek to nationalize artificial intelligence companies or take partial government stakes in them. Speaking on "Squawk on the Street," Michael said the government should not get in the middle of AI and warned that nationalization would not work well, while also opposing tighter regulatory oversight of the sector. He said recent concerns such as the Hugging Face AI hack were troubling, but added that he did not know what regulation would have prevented it. Michael also said there are already many laws on the books at the Federal Trade Commission and argued that it would be dangerous to place all trust in a few AI leaders.