Vice President JD Vance recently made an announcement that is sending shockwaves through the tech sector. When President Donald Trump first named Vance his running mate, speculation rose that the latter’s background in Silicon Valley would benefit U.

The vice president said the world had better follow the U.S.’s lead in both model development and its hands-off regulatory approach.

The vice president’s speech at the Paris AI Summit emphasized speed, deregulation, and America’s bid for global technological supremacy.