Vice President J.D. Vance expressed strong support for AI and technological innovation at the Andreessen Horowitz American Dynamism Summit in Washington, D.C. on Tuesday. He argued that AI should be seen as a tool to enhance work rather than a threat to jobs. While acknowledging that technological advancements can lead to job displacement, he pointed to historical trends showing that innovation ultimately creates better and higher-paying jobs. He referenced how bank tellers adapted after the introduction of ATMs, emphasizing that technology often transforms industries in positive ways.
Vance stated that both American workers and tech leaders have been let down by past administrations over the last 40 years. He believes the Trump administration’s approach—minimizing AI regulations—will allow the tech industry to innovate freely.
By avoiding heavy restrictions, he argues, the government can ensure that AI development benefits both labor and the economy. He also stressed that policies reshaping trade and tariffs, combined with reduced immigration, would discourage companies from offshoring jobs.
Vance criticized the reliance on cheap labor, calling it a “crutch” that stifles innovation. He insisted that businesses should focus on investing and building within the United States rather than outsourcing to countries with lower labor costs. According to him, strengthening domestic industries and encouraging local investment will ultimately lead to economic growth and technological leadership.
The vice president’s remarks highlight the administration’s broader vision for AI and economic policy, aligning with a commitment to fostering innovation while prioritizing American workers. By reducing regulatory barriers and shifting trade policies, Vance believes the U.S. can maintain its competitive edge in the global tech landscape. His stance contrasts with calls from some policymakers for stricter AI oversight, reflecting an ongoing debate over how to balance innovation with workforce protection.