Trump embraced AI on the 2024 campaign trail, leading Elon Musk and other technocrats to steadily pump millions into his reelection effort. Since entering office in January, Trump has announced a number of AI-focused initiatives, including the Stargate Project, a private joint venture that would see $500 billion put toward the construction of 20 AI datacenters across the country by 2029.
However, despite the clear boost that growing the emergent sector would provide for the American economy, or at least for American technology companies, AI is already throwing speed bumps on Trump’s road to a post-COVID, post-Biden comeback.
Research published in August by Stanford University found that, since 2022, employment for entry-level workers in sectors most reliant on AI, like customer service, accounting, and tech development,
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