The AI industry could be on the brink of a major boom if President Donald Trump secures a second term, according to tech insiders and industry leaders. Investor Louis Navellier, who has successfully predicted top tech trends for decades, is championing what he calls the “Trump boom,” driven by the former president’s commitment to slashing regulations and promoting free-market innovation in the AI sector.
Trump’s 2024 campaign has garnered the support of high-profile Silicon Valley figures, including Andreessen Horowitz and Elon Musk, who are eager to see a more tech-friendly regulatory environment. These industry leaders believe that Trump’s approach will unlock the full potential of AI, spurring advancements that have been stymied by Democratic-led policies.
Trump’s 2019 Executive Order #13,859 set the stage for this anticipated growth by doubling AI research investments and establishing the first-ever regulatory framework for the technology. His platform has gained further momentum with the selection of Sen. J.D. Vance as his running mate, signaling a clear commitment to supporting AI innovation.
Navellier predicts that Trump’s first executive order, should he win in 2024, will be a game-changer for the AI industry, creating lucrative opportunities for those poised to invest in this rapidly evolving field. With major players in Silicon Valley backing Trump’s campaign, the tech industry is preparing for what could be a new era of unbridled growth.
As the 2024 election draws near, the partnership between Trump and Silicon Valley signals a shift in the tech industry’s political alignment, with AI innovation at the forefront of this evolving landscape.
