If Dallas' New Mayor Ran as a Republican, Could He Have Won plus What's Next in the Future of Big Tech & WH Blames Republicans for Border Crisis Week In Review
00:12:39.840AI actually, to me, is actually very real.
00:12:43.380The way to think about it, we could talk all about sorts of complicated things.
00:12:46.420But the simple thing to think about is productivity is just really key in our economy.
00:12:50.020The reason we have more wealth is we do more with less.
00:12:52.060And there's all these industries in our economy where this AI combined with operations can do things much more affordably, much cheaper.
00:12:59.800And so if you look at this, like health care billing, for example, we spend probably over a quarter trillion dollars a year health care billing.
00:13:04.860And you can probably cut that in a third over the next five or six years.
00:14:10.020And there's a talk about end of times with it all the time.
00:14:12.920And it's funny because America's had a lot of other religious revival movements over the last 200 years where people were convinced end of times was coming very soon.
00:14:19.400This is quite a weird one based in Silicon Valley.
00:14:27.240A policy question Washington is wrestling with right now.
00:14:30.460So as you know, I'm the ranking member on the Senate Commerce Committee.
00:14:34.000And AI is squarely within our jurisdiction.
00:14:36.300In fact, back in 2015, I chaired the first ever congressional hearing on AI and have been focused on it for a long time.
00:14:43.400Now, there are a lot of voices in Washington, most notably Chuck Schumer, but also including some Republicans that are eager for a very heavy hand of government when it comes to AI.
00:14:54.100And Schumer and Democrats are proposing literally prior government approval before innovations in AI.
00:15:01.920I've been very vocal in saying that is catastrophically stupid.
00:15:06.600And if we put government in the position of prior approval, we will cede leadership of AI to our enemies, to China and other countries, and we will kill American leadership.
00:15:16.800I'm interested in your views because this policy discussion, and I've got to tell you, a lot of big tech, the Googles and Facebooks of the world, are saying, yes, yes, regulate us,
00:15:26.060because they believe they can capture the government and use it to shut everyone down.
00:15:30.220What's your take on how government should approach AI?
00:15:33.880Because this is as hot as any question in Washington right now.
00:15:38.300Well, you know, Mr. Senator, I 100% agree with you.
00:15:41.080I'm really glad you're taking that tactic.
00:15:43.520As you know, the big companies, a lot of them know they're losing some of their best talent.
00:15:47.080They know it's going to be hard to compete.
00:15:49.500Like if I want to start a competitor, for example, to BlackRock right now in New York, I have to spend $100 million a year on lawyers, even just to do what they do.
00:15:56.300They love the fact that there's tons of rules and regulations.
00:15:59.040These big companies would love it to make it impossible to compete against them in AI.
00:27:03.520Understand, Joe Biden and the Democrats do not want it to work.
00:27:08.960They are making the most cynical political decision I have seen in my lifetime.
00:27:13.500Because they are allowing people to die.
00:27:16.540We've talked about the people who've been murdered.
00:27:18.480We've talked about the children who've been raped.
00:27:21.920And by the way, we've talked, not on this podcast, but many times before, about the risk of a major terrorist attack.
00:27:28.240God forbid, Ben, I don't want to wake up tomorrow or the next day or the next day and find out that we've had another 9-11 here in the United States.
00:27:35.980That we've had another mass murder by violent terrorists.
00:28:09.040They know before you know or I know or anybody else knows how many on the terrorist watch list are getting caught coming across the southern border.
00:28:15.280And we know how many were caught in September, October, November, and December of last year at record numbers.
00:28:20.720More than the last four years combined when Trump was the president.
00:28:26.620And the only, only way this problem is going to be solved is to reelect a Republican president, to reelect Donald Trump, put him in the White House.
00:28:37.420And understand, this crisis will be solved not over the course of a year, not over the course of six months, but literally within days.