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Washington's AI reckoning
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Plus: The industry cutting and hiring the most.
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Monday, June 8, 2026
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Washington wants to scrutinize the AI industry. Now the hard part begins
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<div>
The AI industry is flexing its muscles in the midterms with
plans to spend at least $265 million through super PACs to influence the regulatory landscape. It's no different in Washington, D.C., with industry titans Anthropic and OpenAI opening offices in the past year to establish their presence in the capital. Policymakers are grappling with how far to go to police the fast-evolving technology.
</div>
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<br/>
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The hard part is just beginning. Washington is increasingly scrutinizing the AI industry, and the universe of policy solutions ranges from voluntary compliance with the U.S. government
to the nationalization of AI companies. It underscores the split among competing factions in the White House and Congress on how to balance technological innovation and responsible deployment of AI models.
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Last week, President Donald Trump signed an executive order that requested tech companies to voluntarily allow the U.S. government a 30-day period for reviewing AI models before their public release. It also pushed the Treasury to set up a process to review security vulnerabilities identified by AI
models.
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<br/>
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But democrats aren't sold. Many panned the order as insufficient in curtailing the Trump administration’s hands-off approach to AI regulation.
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Sponsored
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AI keeps coming up at work, but you still don't get it?
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Superhuman AI
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Here's what you
get:
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Daily AI news that matters for your career - Filtered from 1000s of sources so you know what affects your industry.
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Step-by-step tutorials you can use immediately - Real prompts and workflows that solve actual business problems.
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New AI tools tested and reviewed - We try everything to deliver tools that drive real results.
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All in just 3 minutes a day
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Yes. Trump's executive order will help
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<!--[if mso]><a
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No. AI is moving too quickly to regulate
</a>
<!--<![endif]-->
<!--[if mso]><a href="https://www.ne16.com/t/10835493/222404108/9927696/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNi0wOA&x=c351aa78" target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px; border: none; display: block; ">No.
AI is moving too quickly to regulate</a><![endif]-->
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<!--[if !mso]><!-->
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">
No one cares about AI's impact on humanity
</a>
<!--<![endif]-->
<!--[if mso]><a href="https://www.ne16.com/t/10835493/222404108/9927697/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNi0wOA&x=340d66f8" target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px; border: none; display: block; ">No
one cares about AI's impact on humanity</a><![endif]-->
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<span style="font-family:Arial;font-size:24px">
Here's what you need to know
</span>
</h1>
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<a aria-label="Spencer Platt / Getty Images" style="color:#105C8E" target="_blank" title="Spencer Platt / Getty Images">
<img alt="Spencer Platt / Getty Images" class="img100" data-linktype="Normal" data-target="_blank" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Fqz.com%252Fcdn-cgi%252Fimage%252Fwidth%253D640%252Cheight%253D360%252Cfit%253Dcover%252Cquality%253D85%252Cformat%253Dauto%252Fhttps%253A%252F%252Fassets.qz.com%252Fmedia%252FGettyImages-537931570.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZxei5jb20lMkZjZCIsInRpbWUiOjE3ODA5MTI5MDEuMzI3NTIxNn0:1wWWnd:qowPRqK6d8BwUrJRmwil-va0qbTnNfkmEoABSdqNlAI" style="width:200px;max-height:338px;vertical-align:middle;border:0" width="200"/>
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<div>
<strong style="color:#105C8E">
<a data-linktext="The U.S. jobs report blows past forecasts with 172,000 added" data-linktype="Normal" style="color:#105C8E" target="_blank">
The U.S. jobs report blows past forecasts with 172,000 added
</a>
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. Economists had expected around 83,000 new positions in May.
<span style="line-height:21px;font-size:15px;font-family:Arial,Helvetica,sans-serif">
Leisure and hospitality led all sectors, and u
</span>
nemployment held at 4.3% for a third straight month. The strong data gives the Federal Reserve little reason to cut interest rates.
</div>
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<a aria-label="Ronaldo Schemidt / Getty Images" style="color:#105C8E" target="_blank" title="Ronaldo Schemidt / Getty Images">
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<a data-linktext="The S&P 500 blocks SpaceX from fast-tracking index entry." data-linktype="Normal" style="color:#105C8E" target="_blank">
The S&P 500 blocks SpaceX from fast-tracking index entry.
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The provider refused to waive profitability, float, and seasoning requirements for the rocket company, which posted a net loss of nearly $5 billion in 2025. Nasdaq recently cut its
waiting period to just 15 trading days.
</div>
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<a aria-label="Jemal Countess / Getty Images" style="color:#105C8E" target="_blank" title="Jemal Countess / Getty Images">
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<strong style="color: var(--blue-cta-default)">
<a data-linktext="Warren calls on Nvidia's CEO to testify about chip exports." data-linktype="Normal" style="color:#105C8E" target="_blank">
Warren calls on Nvidia's CEO to testify about chip exports.
</a>
</strong>
Sen. Elizabeth Warren summoned Jensen Huang before the Senate Banking Committee for a June 11 hearing. Her letter cites Department of Justice cases alleging hundreds of millions in the company's hardware was illegally diverted to Beijing.
</div>
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<a aria-label="NurPhoto / Getty Images" style="color:#105C8E" target="_blank" title="NurPhoto / Getty Images">
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<div>
<strong style="color:#105C8E">
<a data-linktext="OpenAI agrees to let the U.S. government review its models." data-linktype="Normal" style="color:#105C8E" target="_blank">
OpenAI agrees to let the U.S. government review its models.
</a>
</strong>
The Trump executive order gives federal agencies up to 30 days to evaluate top-tier systems before launch. The order is voluntary, and the
company says it proactively works with democracies beyond America to track AI safety risks.
</div>
</td>
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<tr style="background-color:#EFEFEF">
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<a aria-label="Kevin
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<strong style="color: var(--blue-cta-default)">
<a data-linktext="Boeing is opening a fourth 737 Max assembly line this summer." data-linktype="Normal" style="color:#105C8E" target="_blank">
Boeing is opening a fourth 737 Max assembly line this summer.
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</strong>
The Washington state facility will load its first jet on July 6 with a target of producing 52 aircraft per month by next year. Output had been capped by the FAA after a door plug blew off an Alaska Airlines plane in early 2024.
</div>
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<h1 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:24px;font-weight:bold">
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<h2 style="mso-line-height-rule:exactly;Margin:0;font-family:Arial;font-size:20px;font-weight:bold">
Entrepreneurial Inspiration
and its free
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Stories, insights and what's working right now from Adam Wagner - an investor and advisor to Grüns, owner of Raindrop (the agency behind Dr. Squatch) and operator of VitaWild.
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<strong style="color: var(--blue-cta-default)">
<a data-linktext="Subscribe To Adam
Wagner's Newsletter" data-linktype="Normal" style="color:#105C8E" target="_blank">
Subscribe To Adam Wagner's Newsletter
</a>
</strong>
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<a aria-label="Linked image" style="color:#105C8E" target="_blank">
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Roberto Schmidt / Getty Images
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Tech companies planned to cut 38,242 jobs in May, the most since August 2024, according to
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At the same time, the tech sector leads in hiring. Companies announced 11,250 new tech jobs in May, accounting for about 14% of the 80,472 hiring announcements across all industries so far this year. That's better than the previous two years, though still
well below pre-pandemic levels.
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Companies across all industries most often blamed AI for their layoffs. In May alone, companies cited AI as the reason for 38,579 job cuts, the highest monthly figure since Challenger started tracking the metric in 2023. AI's share of layoff reasons has grown quickly, rising from 7% in January to 40% in May.
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The wave of tech layoffs is happening as companies pour money into AI. Meta, Cisco Systems, and Block have all pointed to AI as a reason for cutting staff and
restructuring. Meta began laying off around 8,000 employees last month and said the cuts were necessary to free up money for its AI efforts.
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