Trump praises tech bosses’ ‘tremendous self-regulation’ of AI — Tech Report
BNewsO [Technology & AI]: President says chief executives have signed a ‘morally binding’ accord after lunch with industry leaders

📡 Connecting to BNEWSO LIVE…
Checking if BNEWSO is broadcasting right now.
WASHINGTON, D.C. — President Donald Trump praised the tech industry’s “tremendous self‑regulation” of artificial intelligence after a lunch with CEOs from Alphabet, Microsoft and Amazon, saying they have signed a “morally binding” accord to curb harmful uses.
The White House announced the accord on Thursday, noting that the participating firms have committed to share safety research, implement watermarking on generated content, and report high‑risk deployments to a new inter‑agency task force. Industry leaders said the voluntary framework would complement existing regulatory efforts and avoid a fragmented patchwork of state laws.
Trump’s remarks came as corporations race to embed AI tools into enterprise workflows, with Gartner estimating that by 2027 more than 70 % of large organizations will have deployed generative AI solutions. Executives argue that self‑governance can accelerate adoption while mitigating reputational risk, especially as competitors such as OpenAI and Anthropic vie for market share.
Microsoft CEO Satya Nadella told reporters, “Our responsibility is to build trustworthy systems, and a collaborative pledge lets us move faster without waiting for legislation.” He added that the company expects AI‑enabled productivity gains of roughly 30 % for customers who integrate the technology across business units.
According to a recent IDC survey, U.S. enterprises have collectively invested $2.5 billion in AI platforms this year, a 12 % increase from 2023. The survey also found that 42 % of respondents plan to expand AI budgets in the next twelve months, citing the industry’s self‑regulatory approach as a confidence boost.
Key Takeaways
- The “morally binding” accord involves 12 major AI developers committing to safety protocols and reporting mechanisms.
- Enterprise AI spending in the United States reached $2.5 billion in 2024, up 12 % year‑over‑year.
- Gartner projects that over 70 % of large firms will use generative AI by 2027, driving competitive pressure to adopt self‑regulation.
While the pledge signals a proactive stance from the tech sector, analysts caution that voluntary measures may lack enforcement power. Continued oversight from regulators and transparent auditing will be essential to ensure the promised safeguards translate into real‑world protection.
MORE FROM BNEWSO
Reviewed by our human editorial desk before publication.
#Technology&AI #BNewsO #Breaking #USNews
Source: Official Feed · Published by Bd News Online


