Silicon Valley responds to Trump’s hands-off approach to AI regulation at Tech Week

Tech Week is in full bloom in San Francisco, packing the city’s restaurants this week with venture capitalists and AI founders ebullient about the White House’s stance on regulating artificial intelligence — namely, don’t do it.And after months of debate about leading AI companies’ unchecked AI agents meddling with everything from U.S. government websites to healthcare data, the nation now finds itself further from governing AI systems than it was a few years ago.President Donald Trump brought tech titans to Washington late last month for a luncheon and ceremonial signing of a voluntary safety pact he described as “almost a constitution” surrounding “Super Intelligence,” the administration’s new preferred term for AI.The 308-word agreement lays out that advanced AI labs should follow safety protocols and set up internal teams to monitor their own progress, but the administration has yet to provide details on how, in OpenAI CEO Sam Altman’s words, to keep “bad things” from happening.Safety challenges were not top of mind inside a crowded event space in San Francisco on Wednesday, where founders and funders said the government’s hands-off approach would net higher profits for compan…