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WSJ Tech News Briefing

TNB Tech Minute: Trump Postpones AI Executive Order Due to Overregulation Concerns

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.31.7K Ratings

🗓️ 21 May 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

Meanwhile, California governor Gavin Newsom signs order on AI aimed at helping workers. And the maker of Oura Rings files confidentially for IPO. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Boardrooms love buzzwords. AI, climate, resilience. But what do they actually mean for CFOs and execs trying to survive the next earnings call? That's where the pre-read comes in. Real experts and real talk. Subscribe to the pre-read, presented by Workieva.

0:17.1

Here's your afternoon, T&B Tech Minute for Thursday, May 21st. I'm Julie Chang for the Wall Street Journal.

0:24.1

President Trump postponed the signing of an executive order that would have given the government

0:28.6

more oversight over the AI industry. Trump said he didn't want to take any action that would

0:34.2

slow down the U.S. in the AI race. He said the order would have asked AI

0:38.2

companies to preview models with the federal government, but that such a move would set back

0:42.7

the U.S. in his competition with China. Trump's decision is a win for business-focused advisors,

0:48.2

including venture capitalist David Sachs, who has pushed for an industry-friendly approach to

0:53.1

AI. Sachs and others have argued that

0:55.7

the economic benefits of AI models outweigh the risks. And just hours before, California

1:02.6

Governor Gavin Newsom issued his own executive order aimed at studying how AI affects employment

1:08.4

and exploring ways to help displaced workers. The order from Newsom,

1:12.7

a Democrat seen as a potential 28 presidential candidate, follows signs of growing public

1:18.3

discontent over the rapid rise of AI. The governor has tasked one state agency to launch a dashboard

1:24.4

tracking AI's impact on employment across different sectors.

1:28.0

Another agency must submit a review of safety net policies for workers displaced by AI,

1:32.9

including severance and other forms of compensation.

1:36.2

While a big beneficiary of the wealth AI companies are generating,

1:39.9

California is also home to tech workers who are losing jobs due to AI.

1:45.0

Finally, the maker of ARA rings filed confidentially for an initial public offering.

1:51.0

ORA rings track metrics such as heart rate and skin temperature and are intended to help improve sleep and reduce stress.

1:57.0

The company was valued at about $11 billion as of October. Investors include Fidelity

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