Big tech always gets its way with this White House

Bloomberg’s Dave Lee: There was a time when decisions on major industrial policy would be a matter for elected lawmakers, debated in committees and put to the floor. Not anymore. The latest deal to allow Nvidia to sell to China was lobbied for over a Mar-A-Lago tablecloth. The One Rulebook on AI seems to have just one author, Sacks. “This is not an ‘AI amnesty’ or ‘AI moratorium,’” said Sacks, whose venture capital work has taken a backseat to his career in media and politics, in a post on X. “It is an attempt to settle a question of jurisdiction…

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