During a speech to mark the unveiling of his new AI Action Plan, Donald Trump revealed that he suggested simply breaking up Nvidia, despite appearing to have never heard of the company or its CEO, Jensen Huang.
Trump made the remarks on stage at an AI summit in Washington, D.C., as he unveiled the United States’ new AI Action Plan.
The President made reference and gave thanks to some of AI’s top industry leaders, “And a very special thanks to some of the top industry leaders here, including somebody that’s amazing,” he said, alluding to Huang.
That is an exceptionally clickbait headline. The article itself makes it clear that Trump is sharing an anecdote from when he first learned about Nvidia and how important they are to the AI industry.
As a sidenote, I don’t think Nvidia can be broken up. The way to break their monopoly and spur competition in this space would be to take away their patents and make them public. Then again, I’m firmly of the philosphy that patents are anti-competition and monopolistic by design and should be abolished entirely.
I’m down with changing patents. But to get rid of them completely would be an absolute nightmare. Amazon would just open a manufacturing wing and put everyone out of business.