In September 2024, the Biden administration started the process of creating a rule that would require companies in the artificial intelligence (AI) sector to report their experiences and challenges to federal regulators. The goal, as reported by The Lever, was to prevent "dangerous accidents" that could lead to injuries or even deaths. However, investors and AI companies, including OpenAI, opposed the rule. Some security officials, who had raised concerns about weak safety regulations, either resigned or were removed from their positions. Following Trump's victory in the November 2024 election, investors and AI companies significantly increased their financial support for his re-election campaign. Shortly after becoming president, Donald Trump removed the AI disclosure rule from the federal regulatory agenda. In a recent speech, Trump criticized what he called a "globalist conspiracy" seeking to control AI and emphasized the need for the United States to lead in emerging technologies. "Whoever wins the AI race, remember, and I say now that whoever wins superintelligence, will be the winner," Trump said. He claimed the U.S. has a significant advantage over China and other countries and pledged to maintain that position "with firmness and determination." Before his inauguration, Sam Altman, CEO of OpenAI, donated $5 million to Trump's political action committee, MAGA Inc., through his company Tools for Humanity. Just nine days later, Trump signed an executive order that ended Biden's AI policies, including the reporting rule, even though it was still on the federal agenda. In February 2025, Marc Andreessen, an investor in OpenAI, and his partner Ben Horowitz each donated $500,000 to MAGA Inc. The following month, they contributed an additional $5 million. In June, Elon Musk, who owns xAi, personally donated $5 million. In September, OpenAI co-founder Greg Brockman and his wife donated $25 million to MAGA Inc. More than a year after the Biden administration proposed the AI disclosure rule, it was officially removed from the federal regulatory agenda. Today, the same AI industry leaders claim they have always supported regulating AI and now urge lawmakers to act after several high-profile hacking incidents. This stance contrasts sharply with their earlier efforts to ensure the government would not regulate them. President Trump, who does not want major AI companies to slow their progress, has dismissed warnings about the dangers of AI as "hoaxes." A Washington Post analysis found that Trump has financial interests in sectors benefiting from AI development, raising questions about potential conflicts of interest. Experts and observers are now increasingly concerned about the uncontrollable risks posed by AI. They point to recent developments such as AI models that can self-improve, AI agents that have bypassed human oversight and hacked external systems, and an instance where AI-generated misinformation nearly led to a conflict with China. Cyberwarfare and bioterrorism are also seen as potential threats. Despite legislative proposals, such as an "emergency stop button" for AI, some whistleblowers fear it may now be too late to take effective action.