News Summary

• President Donald Trump dismissed concerns over artificial intelligence this week.
• Republican donors wish he hadn't.
• Trump has now called both affordability and fears over AI's disruptive and possibly existentially catastrophic capabilities a "hoax" A White House official said Trump has clearly articulated that his goal is to "ensure continued American dominance in AI and other cutting-edge technologies" But for many donors, their concerns over how the White House is — or isn't t— handling AI pale in comparison to the worsening economic picture that many believe will determine the election.