Silicon Valley likes the White House's hands-off way with AI rules.

At a busy Tech Week in San Francisco, founders and investors said this would help AI companies make more money.

These companies build AI for defense and security.

The event was part of a series run by Andreessen Horowitz.

Its head gives Trump advice on science and technology.

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

It has 308 words.

It says top labs should follow safety rules and check their own work.

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

OpenAI CEO Sam Altman used those words.

Trump ended a Biden-era order on AI risks.

He also canceled rules that made developers share safety test results.

Some experts do not think self-policing will work.

David Robinson left OpenAI's safety team not long ago.

He said the agreement gives companies too much freedom.

He said it is not as good as a strong law.

Sarah Myers West works for AI Now, a nonprofit group.

She said self-regulation has always failed.

Three OpenAI researchers said they were fired.

They had posted that fear and unclear rules make safety work hard.

Trump has tied his political success to the AI industry.

He called fast development the key to beating China.

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

The FTC has started looking into OpenAI, Anthropic and others.

Critics include Graham Steele, a former Treasury official.

They ask if companies should have this much power.