The real winners from Trump's 'AI action plan'? Tech companies

Donald Trump's AI summit in Washington this week was a fanfare-filled event catered to the tech elite. The president took the stage on Wednesday evening, as the song God Bless the USA piped over the loudspeakers, and then he decreed: "America must once again be a country where innovators are rewarded with a green light, not strangled with red tape, so they can't move, so they can't breathe." The message was clear – the tech regulatory environment that was once the focus of federal lawmakers is no longer. "I've been watching for many years," Trump continued. I've been a victim of regulation."