White House signals it will more closely regulate AI industry possibly modeled on the FDA drug approval process. Really!

Bad news! Pray and hope that President Trump will not make this mistake!

The FDA drug approval process is slow and cumbersome etc.!

"US signals it will more closely regulate AI industry

The White House is preparing an executive order to create a vetting system for new artificial intelligence models, modeled on FDA drug approval processes, according to National Economic Council Director Kevin Hassett.

The move follows Anthropic’s disclosure that its Mythos model can identify network vulnerabilities and poses potential cybersecurity risks; the Trump administration is currently testing the model across federal agencies and large tech firms before wider release.

Hassett said the vetting process would likely extend to all AI companies, not just Mythos, though it remains unclear whether the order would mandate testing or operate as a voluntary framework. The announcement represents a potential shift toward regulation for an administration that has generally favored hands-off AI policy. Separately, the Commerce Department expanded a voluntary testing program on Tuesday, with Google, Microsoft, and xAI now providing the government early access to assess their models’ security and capabilities. " (Source)

"... But in an interview with Fox Business on Wednesday, National Economic Council Director Kevin Hassett confirmed that the White House is considering an order that would allow the administration to block the release of AI models deemed unsafe.

“We’re studying possibly an executive order to give a clear roadmap to everybody about how this is gonna go, and how future AIs that also potentially create vulnerabilities should go through a process so that they’re released into the wild after they’ve been proven safe — just like an FDA drug [???],” said Hassett. ..."

"... “We’re studying, possibly an executive order to give a clear roadmap to everybody about how this is going to go and how future AIs that also potentially create vulnerabilities should go through a process so that they’re released to the wild after they’ve been proven safe, just like an FDA drug [???],” National Economic Council Director Kevin Hassett told Fox Business. ..."

White House Prepares Order to Boost AI Security, Hassett Says (behind paywall)

White House mulls tighter controls on advanced AI

Kevin Hassett (perhaps someone President Trump needs to fire?)