During a speech to mark the unveiling of his new AI Action Plan, Donald Trump revealed that he suggested simply breaking up Nvidia, despite appearing to have never heard of the company or its CEO, Jensen Huang.

Trump made the remarks on stage at an AI summit in Washington, D.C., as he unveiled the United States’ new AI Action Plan.

The President made reference and gave thanks to some of AI’s top industry leaders, “And a very special thanks to some of the top industry leaders here, including somebody that’s amazing,” he said, alluding to Huang.

    • RememberTheApollo_@lemmy.world
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      3 days ago

      Having opinions that all culminate in wrecking things while not bothering to understand any of it, particularly because of personal prejudices or ideology, is a proud Republican tradition.

  • givesomefucks@lemmy.world
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    3 days ago

    Can we just skip to the part where the rest of the globe realizes Americans are so broke our market isn’t worth appeasing trump?

    In the long run it’s better for us and everyone else.

    When trump threatens to tarrif imports, set you’re own export tarrifa.

    trump says he’s gonna go 50%?

    Put a 100% on it that your country gets when it leaves.

    I’ll never understand what is so fucking difficult about dealing with people like trump, I know I’m not the only one raised in a red state, lots of Americans grew up around people like this.

    Scared stupid people go on the attack for as long as it works. Give in and you’re always going to have to give in. Sometimes you have to fucking take a stand, even if it’s painful, it’s painful for the scared stupid person too, so next they’ll leave you alone.

    • gAlienLifeform@lemmy.world
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      I’ll never understand what is so fucking difficult about dealing with people like trump,

      Dealing with people like Trump is easy, until you have people like Slotkin and Fetterman in your ranks and people like Zuckerberg and Bezos hanging around and you have to worry about all of them stabbing you in the back to try to curry favor with Trump.

      Our problem really isn’t Trump, our problem is all the other opportunistic scumbags who think they can take advantage of the shit storms Trump causes. Solidarity kills fascism easily, but it is in tragically short supply these days because capitalism kills solidarity.

    • atzanteol@sh.itjust.works
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      I’ll never understand what is so fucking difficult about dealing with people like trump,

      Dealing with Trump may be easy. Dealing with the United States of America with Trump controlling it is an entirely different matter. He has a lot of power (thanks Justice Roberts!).

      People keep coming down hard on Universities and other entities “bending the knee”, but when you have the full weight and might of the federal government (which has effectively unlimited resources) fighting against you you don’t have many options. It’s a true existential crisis.

      Trump is right (vomit) that tariffs tend to impact our trade partners more than than US since the US does import more than it exports. High tariffs are nothing to shrug off. Being locked out of the US market is a pretty big deal if you do business internationally.

  • solrize@lemmy.ml
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    What does it even mean to break up Nvidia? Google, sure, they have a bunch of different divisions that are dominating separate industries. NVidia basically has one product amirite? Do you split them into a consumer GPU division and a data center GPU division? Split the consumer segment further for different specific games?

    Yes they are way too powerful but the remedies are different.

  • BlameTheAntifa@lemmy.world
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    That is an exceptionally clickbait headline. The article itself makes it clear that Trump is sharing an anecdote from when he first learned about Nvidia and how important they are to the AI industry.

    As a sidenote, I don’t think Nvidia can be broken up. The way to break their monopoly and spur competition in this space would be to take away their patents and make them public. Then again, I’m firmly of the philosphy that patents are anti-competition and monopolistic by design and should be abolished entirely.

  • bungle_in_the_jungle@lemmy.world
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    Lol… Man… Inadvertently messing with Gamers, the AI crowd, and the Crypto crowd. That’s not exactly a demographic I’d want to be pissing off all at the same time 😅

    • paultimate14@lemmy.world
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      Honestly breaking up NVIDIA would probably be great for all 3 of those groups of done right. They’re effectively a monopoly that has been leveraging their position to price gouge their customers for years.

      I don’t trust Trump to actually do that though. He’s probably just using this as a threat for bribe money.

  • gravitas_deficiency@sh.itjust.works
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    Fucking wild that he’s bandying about threats to nuke a company that comprises ~30% of the US GDP, and doesn’t even know what it is or what they make or why it comprises 30% of the US GDP

    Also fucking wild that one company comprises ~30% of the US GDP

    monopolies are the new black I guess

    Edit: apologies - it’s not 30%, it’s closer to 6.5%. Not sure where I pulled the 30 from, but that’s not accurate. Still, the fact that it comprises over 1/20 of the entire country’s GDP seems… strategically unwise, in an economic sense.

    E2: I’m not an economist; I am conflating static and year-over-year values, which isn’t apples to apples