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Trump promises to make US ’world capital’ of AI, crypto at Davos

Trump promises to make US ’world capital’ of AI, crypto at Davos

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Source: Coin Telegraph

The virtual speech to the World Economic Forum reiterated Donald Trump’s pledge to an audience at a July 2024 Bitcoin conference.

US President Donald Trump pledged to make the country the “world capital of artificial intelligence and crypto” at an annual meeting of the World Economic Forum, which was one of his first public appearances since taking office.

Speaking virtually from Washington, DC, to an audience at the World Economic Forum in Davos, Switzerland, on Jan. 23, Trump claimed US energy production from oil and gas could be used to “reduce the cost of virtually all goods and services” and make the country a “manufacturing superpower.”

He said deregulating the energy sector would lead to this outcome but did not provide details.

Donald Trump virtually addressing WEF on Jan. 23. Source: Associated Press

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Author: Turner Wright