One business world concern that is already a focus for Kamala Harris: AI

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It’s not yet known exactly which economic policies of the Biden/Harris administration that Kamala Harris will be focused on if she becomes the Democratic nominee or wins in November.

But there is one business world concern that has clearly piqued her interest: artificial intelligence.

The current vice president has been called Joe Biden's "AI czar" and has been at the center of the White House approach to an issue likely to be a front-and-center worry for the next president — whether it's a Democrat like Harris or a Republican like Donald Trump.

When Biden signed a sweeping AI executive order last October, Vice President Harris helped shape the approach and was onstage looking on. That order launched a government-wide effort to ensure that AI systems are safe in the years ahead.

The Harris record on technology is set to be one of many things under close scrutiny in the coming days as the vice president has quickly emerged as the Democratic frontrunner after Biden ended his campaign on Sunday afternoon.

WASHINGTON, DC - OCTOBER 30: U.S. President Joe Biden hands Vice President Kamala Harris the pen he used to sign a new executive order regarding artificial intelligence during an event in the East Room of the White House on October 30, 2023 in Washington, DC. President Biden issued the executive order directing his administration to create a new chief AI officer, track companies developing the most powerful AI systems, adopt stronger privacy policies and
President Joe Biden hands Vice President Kamala Harris the pen he used to sign an executive order regarding artificial intelligence at the White House on October 30 in Washington. (Chip Somodevilla/Getty Images) · Chip Somodevilla via Getty Images

The formal process to replace Biden atop the ticket is still being fleshed out, but the Biden campaign has already changed its name to "Harris for President" and endorsements have flooded in from party leaders and donors.

"Joe Biden's legacy of accomplishment over the last three years is unmatched in modern history," Harris said Monday as she took the reins of his campaign during an event during NCAA Sports Day at the White House.

Harris rose in San Francisco politics alongside Big Tech companies in nearby Silicon Valley and may leverage her Silicon Valley connections for further donations and support. LinkedIn co-founder Reid Hoffman quickly endorsed Harris, as did Dmitri Mehlhorn, a former Hoffman colleague who is expected to remain influential in tech circles.

"I cannot wait to help elect President Harris," he told Yahoo Finance in a note.

Other Democratic mega-donors in the tech world offered more cautious words. But the Harris campaign quickly touted a flood of grassroots donations — including nearly $50 million in the hours after Biden announced his plan to step aside and endorsed Harris.

Harris’s approach to economic policy overall is not likely to be materially different from Biden's.

"We do not see much policy impact from the Harris-for-Biden swap," wrote Tobin Marcus, the head of US Policy at Wolfe Research, in a note to clients. He added that "there is not much room for leftward movement based on Democratic Presidential preferences."