Donald Trump spoke by telephone into the All-In Summit in Los Angeles on Monday, with Nvidia’s Jensen Huang holding the phone on speaker for the audience. In a call of roughly five minutes he said data centres make people and states wealthy, and called them the oil of the next 20, 25 years.
The rest of that day ran the same way. He wrote that the only control or guardrails AI needs is a strong and smart president, and that the industry’s own call for regulation is a hoax. JD Vance said he felt a little bit weird about frontier AI companies begging the government to regulate them. Dario Amodei had asked on Saturday for independent audits of the most advanced models. Three senators are drafting a bill. Speaker Mike Johnson expects a meeting with the executives this week or early next.
Now read the metaphor again. Oil. Land taken, water drawn, power burnt, and the bill handed to people nobody consulted. He was not warning anyone. He was selling it.
