CEOs usually favor less regulation. But not all are happy with Trump's executive order to block state AI laws [Fortune]
Warner Bros. Discovery, Inc. - Series A (WBD)
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Source: Fortune
The markets: Early gains in Europe; losses in Asia. Plus: All the news and watercooler chat from Fortune Good morning. What do companies in health care, insurance, utilities, construction, professional services, financial services, education, transportation, waste management, and alcohol/cannabis distribution, among others, have in common? They're regulated at the state level. In certain areas (food safety, environmental standards and data privacy), a mix of state and federal mandates apply. Washington sets the baseline, and individual states layer on laws that aim to reflect the priorities of local voters. In the absence of a federal missive, like Roe v. Wade in legalizing abortion, state regulations apply. Recommended Video So one might assume that CEOs would welcome Donald Trump's executive order on AI last week that blocks state laws setting AI standards in favor of “ a minimally burdensome national standard .” Silicon Valley types like OpenAI CEO Sam Altman , venture cap
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