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00:00Can I just ask you first and foremost what do you think the relationship of some of the companies that
00:05within your district is like evolving with the Pentagon.
00:08How do you observe what occurred over the last few days. I think Silicon Valley there's a strong libertarian streak.
00:15And so there are many who are cheering to see Anthropik step up as it had. And look there's a
00:21free market here and the Defense Department has many competitors to choose from.
00:25And it has a right to choose whoever it wants. But it seems to me that at the end of
00:30the day, when we're talking about AI safeguards, these ought to be decisions that are not confined to backroom negotiations
00:38between lawyers at the Pentagon and individual companies.
00:42These ought to be very public discussions. The administration should be setting rules. Congress should be setting rules.
00:48And the way this all went down now with retribution against Anthropik and the way that Secretary Hegseth and others
00:54have articulated, I think is very damaging to Silicon Valley and frankly, to the country.
00:59In many ways, Anthropik and Dario Amadei have tried to make it a public discussion, brought it into the light.
01:05What's interesting is Dario has also said that the law has not yet caught up with AI's ability.
01:11Therein lies your role in Congress. How can Congress keep up at this moment to ensure that there aren't these
01:18blurred red lines that everyone's trying to digest from OpenAI's contract and from Anthropik's?
01:23Well, this isn't the first time someone has said Congress is not moving at the pace of technology. We've been
01:28waiting 30 years for a data privacy bill for protections against for protections for children online, etc.
01:35But the reality is, this is an area where both Congress needs to act and the administration needs to act.
01:41There should be clear lines.
01:43I don't think a lot of folks argue with the lines that Anthropik articulated. In fact, OpenAI seemed to have
01:49embraced them.
01:49So why not, rather than punishing the company, hold these up as examples?
01:55This is an opportunity where the industry can inform the government and we ought to be taking those cues.
02:00You say OpenAI has embraced the red lines that Anthropik put forth. There's reporting to suggest that there's cynicism around
02:08that.
02:09Yes, well, that is to be determined. I guess I'm simply relying on what I'm hearing publicly.
02:15Now, obviously, I understand why there might be cynicism.
02:18Look, the bottom line is this shouldn't be enforced by one particular CEO at one company.
02:25There's a reason why there ought to be a public discussion because this is going to impact all of us
02:29and certainly when we talk about issues like public surveillance.
02:32I mean, realistically, are you able to have the time, the insight, the focus at the moment when we've got
02:39an erupting war with Iran and indeed, well, government shutdown?
02:43How effective can you be at this moment, Congress?
02:45Well, I'm not going to speak for Congress because, frankly, as you know, if you ever made a bet on
02:52Congress not getting anything done, you win 99 times out of 100.
02:56The producers' markets are for that.
02:57Yeah, yeah, they're doing pretty well. But I will say this week I'll be introducing a provision in what's called
03:02the Defense Productions Act really to prevent any federal agency from retaliating against companies like Anthropik when they propose reasonable
03:12limits on the deployment of their technology.
03:15Technology is obviously a wonderful thing. We know it has enormous risks.
03:19We ought to take the cues from industry when industry tells us these risks are too great. Let's draw lines.
03:25What do you think will be the support of that bill across both aisles?
03:30We'll be discussing it this week in the House Financial Services Committee where we're having a markup.
03:36I'm still having those conversations with my colleagues.
03:39OK, so maybe we can find some support that it shouldn't be down. There shouldn't be retribution.
03:43There shouldn't be sort of unprecedented moves where you deem a company a homegrown domestic champion as a supply risk
03:48in some way.
03:49But when you think more broadly about AI regulation in the hands of Congress or in the hands of the
03:55executive right now,
03:57are you comfortable with the amount of executive orders that have been deemed around AI,
04:01the way in which the administration has had to take maybe the steps necessary if the Congress void is still
04:07there?
04:07Well, I know this president is not unique in using executive orders where Congress is failing to act.
04:13The way in which these executive orders have been deployed are deeply problematic.
04:17And certainly we've seen in many cases quite unconstitutional.
04:20Congress needs a step up and that requires the majority party to do its job.
04:25That is to defend the prerogatives under Article One of the Constitution where Congress has authority.
04:31And we've seen a host of areas from tariffs, certainly to AI, where Congress has simply not been stepping up
04:38and allowing this president to take too much of the turf.
04:43There's a reason why we want Congress to be deciding this.
04:46These are issues that have massive impacts in many communities that are diverse,
04:52communities that are simply not benefiting from AI as much as my community in Silicon Valley might be.
04:58That's why you need to have a national conversation.
05:00You were having a national conversation before the conversation became much more of war in the Middle East and war
05:07with Iran.
05:07You were talking about how we shouldn't see Congress just slam the brakes on AI innovation.
05:14But equally, they shouldn't accelerate.
05:15There should be a way of grabbing the steering wheel is the way you wrote it in an op-ed.
05:20Can we get some sort of bipartisan approach to grabbing a steering wheel in when you say so many states
05:27are affected in different ways by AI?
05:30I'd like to think we can.
05:31Look, there's a lot of fears right now around AI, around loss of jobs, around impacts on utility bills.
05:37There are opportunities for us to move together.
05:39For example, we know these hyperscalers need speed.
05:42Let's give them federal permits, enable them to accelerate if they're keeping ratepayers whole
05:49and protecting them from the risk of higher prices on their utility bills and investing in batteries and the kinds
05:59of technology we know that will be sustainable
06:01rather than simply pulling more natural gas and coal in.
06:05For example, on jobs, there are things that we can do that are bipartisan that can incentivize companies to invest
06:11in community colleges
06:12and local state universities to upskill and reskill.
06:15These are not necessarily partisan notions.
06:18This is a time for us to be thinking more creatively across the aisle on these kinds of solutions.
06:23We don't have the kind of administration now in office that is particularly bipartisan.
06:28And so it's really going to have to come from ground up.
06:33You mentioned social media.
06:35And I think in many ways people have felt that there's been a void of lawmaking around social media
06:40because there is so much nuance to much of this.
06:43Is there sometimes too much nuance when it comes to the likes of impact by the Pentagon's decisions on mass
06:52surveillance,
06:52on issues of autonomous weaponry that really laws can't be made that can keep up briefly?
06:57It's fair to say that this is incredibly complex.
07:00And you can't simply declare amateur hour and start to announce edicts that are going to apply broadly
07:08across multiple industries where the impacts may be very different.
07:13You know, what I have been proposing and will be coming out with legislation soon is is how, for example,
07:18on AI,
07:19we can essentially enable industry experts, academic experts to be able to establish what those best practices are in an
07:27industry,
07:28allow industry to reach those best practices rather than having some kind of monolithic edict come from Congress or the
07:35administration.
07:36government's not going to get it right.
07:38We have to acknowledge that this is moving too fast.
07:41We need to rely on the best thinking in the industry to establish what the best practices are
07:46and then mandate that if folks can reach those, they can have the benefits, for example, of preemption.
07:53If they don't, then they're subjected to the edicts of 50 different states.
07:57if they don't get paid to be it.
07:57We have to arrive to agree with this right before the stage.
07:57If the car has been played to the sky, well,
07:57the bus just goes farther than the sides.
07:58Willuo-szybs it be as if they are limited in your future,
07:58Now, as investors as adults are willing to go,
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