TNB Tech Minute: Trump Defends His Light-Touch AI Regulation Strategy

0:00Your financial life rarely fits between nine and five, and the questions shaping your future don't follow a schedule. That's why Citi created Citi Sky, a secure AI member of your Citi wealth team built with the Gemini platform on Google Cloud. Whether expanding your portfolio or planning your future, you'll be able to access tailored wealth guidance on your time. Start building with Gemini at cloud.google.com slash AI. Citi wealth investment products and services are provided by Citigroup Global Markets, Inc., member FINRA and SIPC. Here's your morning TNB Tech Minute for Wednesday, September 30th.

0:35I'm Danny Lewis for The Wall Street Journal. President Trump yesterday promised not to hamper the AI industry with regulations, despite growing calls from Silicon Valley and the public for new guardrails. Trump says existing authorities, such as the FBI and the Justice Department, are sufficient to hold bad actors accountable for using AI for nefarious purposes. He also says about two dozen tech CEOs and industry leaders signed a statement pledging to keep AI technology safe and committing to self-regulation. Trump called it a constitution that he thinks is morally binding. The White House's pro-growth approach is at risk of being outpaced by advancing threats posed by the latest models and growing concerns from American voters roughly a month out from the midterm elections.

1:19DoorDash is expanding beyond food delivery and striking deals with clothing companies. The app says it is adding more clothing, shoes, and other items from new partners like Timberland, Vance, Anthropologie, Macy's, and the North Face. The deals are the latest in a string of new partnerships for delivery app companies, including Uber, as they compete with Amazon and Walmart to satisfy Americans' growing hunger to get their purchases right away. And Robinhood Markets is making its next big bet on AI agents that will eventually place trades while you sleep. That's part of a new push into AI by the brokerage, which is adding new tools, such as an in-app AI agent that can answer questions about the market and build an investment strategy from scratch.

2:02Robinhood's CEO says the anticipated agentic trading tools will give everyday traders capabilities previously reserved for hedge funds and other Wall Street pros. And that's your TNB Tech Minute. We'll be back this afternoon with more. Weren't agents supposed to take things off your plate? Building another to handle the others is a bit much. Don't make more work out of work. Gemini is one agent that knows all parts of your business and actually gets stuff done. You give it a project, close your laptop, and when you come back, the job's finished. No matter your industry or role, your agent has the skills to help every team stay in their flow.

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