Silicon Valley Tycoons Show Subtle Shift in Attitude: AI Development Can't Rely Solely on Trump

Beating AI News Flash: On the night of the U.S. midterm elections, the well-known Silicon Valley podcast All-In held a live broadcast, where several tech investors discussed the potential impact of a Democratic victory on the AI industry.

Host Chamath Palihapitiya expressed concern that AI investment has become an important pillar of U.S. economic growth, and that data center construction is highly dependent on power supply. If Democrats restrict new data center construction in places such as Texas, the entire AI industry could be affected.

Host Jason Calacanis suggested that the tech industry, which had previously actively supported Trump, should now also proactively engage with Democrats and cooperate on AI regulatory policy. He also argued that the tech world's repeated warnings that AI could lead to human extinction and mass unemployment have instead intensified public fear of AI.

All-In regular guest and Altimeter Capital founder Brad Gerstner believes that many Democratic victors merely want a greater say in AI regulation and do not intend to halt AI entirely.

He estimates that of the new data center power capacity the United States had originally planned to add in 2027, 10 to 15GW may fail to be put into operation on schedule. However, he remains optimistic about the growth of AI model companies. As an existing investor in Anthropic, he said that even if data center construction is hindered, Altimeter still hopes to become one of the largest buyers in Anthropic's IPO.