And we need our European friends in particular, to look to this new frontier with optimism rather than trepidation. Now, the development of cutting edge AI in the US is no accident. By preserving an open regulatory environment, we've encouraged American innovators to experiment and to make unparalleled R and D investments. Of the $700 billion, give or take, that's estimated to be spent on AI in 2028, over half of it will likely be invested in the United States of America. (04:22–04:31)
CLAIM
Asserts that an open regulatory environment has fostered innovation and R&D in AI.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
