The Booty Report

News and Updates for Swashbucklers Everywhere

Arrr! Biden be tryin' to shackle the AI treasure, and techie scallywags fear they'll lose the high seas o' trade!

2025-01-08

Avast, ye scallywags! Tech captains be plead’n with Captain Biden not to hoist a new rule that’ll shackle AI exports! They fear it be too broad and may sink the good ol’ U.S. ship o’ dominance in that fine treasure of a sector! Yarrr!

Ahoy, me hearties! Them tech captains be raisin’ their voices to the Biden crew, warnin’ ‘gainst a new rule that aims to shackle the exports of our fine artificial intelligence wares! They be claimin’ this here regulation be too broad, threatenin’ the U.S. standing in the great seas of A.I. dominance!

The proposed decree seeks to bolster our economy and keep the homeland secure, but the landlubbers fear it’ll hand the treasure of the global market to our rivals, who be lickin’ their chops at the chance to fill the void left by our restrictions!

In a letter, Jason Oxman, the captain o’ the Information Technology Industry Council, warned that losin’ our grip on the A.I. helm would be a treacherous tide to turn back from. Aye, and there’s talk of this scheme stemmin’ from efforts to slow down the Chinese ships’ military advancements!

Ken Glueck from Oracle called it a "wildly overbroad" attempt to regulate, and many a critic be sayin’ this haste could well benefit our adversaries, specifically the Chinese buccaneers. As the winds of change blow, the Semiconductor Industry Association be suggestin’ to pass the policy wheel to the incoming Trump crew for a more thoughtful approach!

So, beware! If the Biden crew don’t tread carefully, we might find ourselves in treacherous waters, lettin’ rival ships sail ahead with the bounty of A.I.!

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