Silicon Valley likes the White House's hands-off approach to AI rules.

At a big Tech Week in San Francisco, founders and investors said this would help AI companies.

These companies build defense and security systems.

The event was part of a series by Andreessen Horowitz.

Its head advises Trump on science and technology.

President Donald Trump signed a safety agreement with big AI labs last month.

The agreement is 308 words.

It is voluntary.

It says advanced labs should follow safety rules.

They should also check their own progress.

But the administration has not said how it will stop "bad things."

OpenAI CEO Sam Altman said this phrase.

Trump ended a Biden order on AI risks.

He also canceled rules for developers.

They no longer have to share safety test results.

Some experts doubt self-policing will work.

David Robinson left OpenAI's safety team recently.

He said the pact gives companies too much freedom.

He said it is not a substitute for hard law.

Sarah Myers West works for AI Now.

It is a nonprofit group.

She said self-regulation has always failed.

Three OpenAI researchers said they were fired.

They posted that fear and unclear rules hurt safety work.

Trump has tied his political capital to the AI industry's success.

He called unbridled development key to beating China.

He warned voters not to "kill the Golden Goose."

The FTC has opened an investigation.

It is looking into OpenAI, Anthropic and others.

Critics question whether companies should hold this much power.

Graham Steele is a former Treasury official.

He is one of the critics.