Washington has decided to let AI companies police themselves, which is good news for Nvidia and the big labs but unsettling for anyone worried about jobs.

• Trump hosted tech leaders at the White House and dismissed AI fear campaigns as a hoax, signaling no Biden-style rules are coming.
• AI firms will monitor and audit themselves, though the auditors are often funded by the same investors backing the labs.
• Nvidia looks like the biggest winner, since open models running on local hardware mean more chips sold.
• Anthropic and OpenAI leapfrogged each other with new models in a single week, and the same work now costs a fraction of what it did.
• Trump is pushing data centers hard, and the argument is that cities should want them nearby to tax the machines once human labor shrinks.

Outlook: Expect faster model releases, more data center buildout, and a growing fight over who pays taxes when AI does the work.