ChainCatcher report: Last month, during a phone call with U.S. President Donald Trump, Meta CEO Mark Zuckerberg expressed concerns about the proposal to establish a national AI regulatory agency. The proposal, championed by Google DeepMind scientist Demis Hassabis and supported by some White House officials, aims to create an independent organization similar to FINRA to review and test potential risks of advanced AI models before their broader deployment. In mid-August, White House officials provided a preview of the proposal to Trump and major tech companies, including Meta. Trump spoke with Zuckerberg during the week of August 17. According to senior White House officials familiar with the conversation, Zuckerberg opposed the proposal. Another source indicated that Zuckerberg did not ask Trump to change his position but suggested that any regulators appointed by the White House should reflect Trump’s light-touch approach to AI, noting that Trump initiated the call. The conversation did not kill the idea, which remains under consideration. A Meta spokesperson declined to comment. A White House spokesperson stated that the Trump administration is committed to balancing innovation and safety in AI policy-making. In an August article, Zuckerberg expressed skepticism toward strict government regulation of new AI models, arguing that any policy delaying model releases by even one month would significantly increase the risk of the U.S. losing its leadership position to China. The government is considering either a FINRA-style regulatory body or a voluntary industry organization similar to the Motion Picture Association. Former Trump AI and crypto czar David Sacks opposed a government regulatory agency, calling it “the DMV of AI.” Anthropic co-founder Jack Clark voiced support for the FINRA-style idea in a July post.
Zuckerberg says Trump’s national AI regulator proposal has flaws
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Meta CEO Mark Zuckerberg expressed concerns about a proposed national AI regulator during a call with former U.S. President Donald Trump. The proposal, supported by Google DeepMind’s Demis Hassabis, would create a FINRA-style body to review advanced AI models before deployment. Zuckerberg urged that any regulatory crackdown align with Trump’s light-touch approach. The Trump administration continues to prioritize balancing AI innovation with safety. Zuckerberg has long warned that stringent regulation could slow progress and erode U.S. technological leadership, particularly amid growing competition from China. The government is also considering a voluntary industry group, similar to the MPAA. Meanwhile, liquidity and crypto markets remain sensitive to regulatory changes, as evidenced by recent industry responses. Former Trump advisor David Sacks criticized government oversight as an “AI DMV,” while Anthropic’s Jack Clark supports the FINRA-style model.
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