At the summit, Vance made his first major policy speech since becoming vice president last month, framing AI as an economic turning point but cautioning that "at this moment, we face the extraordinary prospect of a new industrial revolution, one on par with the invention of the steam engine."
"But it will never come to pass if overregulation deters innovators from taking the risks necessary to advance the ball," Vance added.
The 40-year-old vice president, leveraging the AI summit and a security conference in Munich later this week, is seeking to project Trump's forceful new style of diplomacy.