President Trump issued strong social media endorsements of artificial intelligence technology on Monday, characterizing concerns about its dangers as a hoax and praising it as potentially the greatest economic development engine in history. His remarks came as skepticism about AI has been mounting among some industry insiders, politicians, and members of his own Republican Party, who cite concerns about the technology’s disruptive potential and possible catastrophic consequences.
Former Trump adviser Steve Bannon stated at a conference focused on AI dangers that while the technology could be beneficial, it should not receive a blank check, noting that meaningful debate has not yet occurred. Democratic socialist Senator Bernie Sanders told the same audience that Congress has failed to address potentially severe consequences of unregulated AI development, stating that lawmakers from both parties have neglected the issue while the current administration’s understanding is lacking.
Trump’s approach reflects his broader governing philosophy, which emphasizes centralized presidential authority over regulation and policy. He argued that only a strong president is needed to manage AI, claiming the nation already possesses adequate criminal and regulatory power over technology companies. This stance mirrors his previously established positions on immigration and trade, where he believes the presidency should hold unilateral decision-making power.
Economic considerations appear central to Trump’s AI stance. Investment in artificial intelligence infrastructure and equipment has been a major driver of recent US economic growth, with tech investment accounting for over one-third of US economic expansion in the second quarter of 2026. Trump views this technological advancement as integral to his presidency’s economic legacy and as a competitive advantage against China in what he frames as a global power struggle.
The president’s position is supported by influential advisers and tech entrepreneurs who maintain close relationships with his administration. David Sacks, who serves as co-chair of the Council of Advisors on Science and Technology and as an informal AI policy coordinator, has publicly expressed skepticism toward regulation, characterizing recent concerns as panic amplified by political actors. Multiple prominent tech leaders, including representatives from major companies, occupied prominent positions during Trump’s recent inauguration.
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