WHAT YOU NEED TO KNOW
  • Trump rejected demands for tighter AI regulation and attacked Anthropic CEO Dario Amodei over his call for slower development.
  • Amodei said slowing AI models could reduce the risk of something going seriously wrong.
  • Sam Altman and Elon Musk also supported calls to slow the pace of AI model development.
  • David Sacks and Mike Johnson warned that aggressive regulation could weaken America’s competitive position against China.

DISCLAIMER: GoldInvestors.news is not a registered investment, legal or tax advisor or broker/dealer. All investment/financial opinions expressed by GoldInvestors.news are from the personal research and experience of the owner of the site and are intended as educational material. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur.

President Donald Trump forcefully rejected growing demands for tighter artificial intelligence regulation Monday, arguing that Washington already possesses enough authority over AI companies. He also attacked Anthropic CEO Dario Amodei following Amodei’s urgent appeal for slower AI development.

“The only control or ‘guardrails’ that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that, in spades!” Trump wrote in a Truth Social post.

Across several posts Monday, Trump portrayed the regulatory push as a threat to American technological leadership. He claimed, “The only reason the AI/Data Center outburst is happening is because the United States is leading, by a lot, every other country.”

Trump also questioned why leaders of a rapidly expanding industry would advocate rules that could damage their own companies. In another afternoon post, he called the recent concerns surrounding AI a “hoax” and a “scam.”

The president’s remarks arrived as prominent technology figures raised alarms about the risks attached to increasingly powerful AI systems. The calls for restraint included warnings from executives and researchers with direct ties to major AI companies.

On Saturday, Amodei published a blog post titled “We Must Pace the Frontier.” The Anthropic chief argued for slowing the development of AI models to “reduce the risk that something goes seriously wrong.”

Former Anthropic researcher Jacob Coxon had quit his job days earlier and issued an even starker warning. Coxon said the technology could “kill us all by the end of the decade,” while accusing OpenAI and Anthropic of “gambling with our lives.”

Other major technology executives voiced agreement with calls to slow the pace of AI model development over the weekend. They included OpenAI chief Sam Altman and SpaceX CEO Elon Musk.

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The Trump administration has broadly supported rapid industry growth and the construction of controversial data centers in the United States. Its stated objective is to secure an insurmountable technological advantage over China.

Trump emphasized that competition Saturday, declaring, “We’re leading China in AI.” He added, “And frankly, I want to keep it that way, because whoever wins AI wins.”

By Monday, Trump was arguing that existing government powers already provide sufficient control over leading AI businesses. “We already have tremendous CRIMINAL and REGULATORY power over these companies!” he wrote.

Trump then framed opposition to AI expansion and data centers as an effort that would benefit China. “There is a SICK conspiracy going on against AI and Data Centers, and the only one that is happy about it is China,” he wrote.

White House AI czar David Sacks also challenged the growing warnings after Amodei published his proposal. Writing on X Saturday, Sacks said technology giants should “go ahead and pace the frontier” themselves rather than press for broader restrictions.

“Stop pretending the motivation to slow down is purely altruistic,” Sacks wrote. “You face massive product-liability exposure if your products enable a truly damaging cyberattack. The market already punishes models that behave in unpredictable or unauthorized ways.”

Sacks further argued that China would be “very unlikely” to participate in a global agreement regulating AI. That concern echoed the administration’s broader emphasis on avoiding restrictions that could weaken the American position in the international technology race.

Congressional action before the Nov. 3 midterm elections appears highly unlikely. House members are scheduled to leave town Thursday and remain in their districts through October, leaving little opportunity for legislation before voters head to the polls.

House Speaker Mike Johnson, R-La., also downplayed the need for immediate legislation during an appearance Sunday on CNN’s “State of the Union.” He warned that an emergency congressional push to regulate AI could cost the United States its race against China.

“If Congress just races in and does some sort of emergency session to try to regulate AI, we will lose the race to China, that is a threat to every single American,” Johnson said.

Johnson urged policymakers not to panic, while calling for responsible treatment of the emerging technology. He said the government should avoid smothering American innovation as it considers how to address the risks associated with AI development.

Anthropic did not immediately respond to a request for comment on Trump’s post. The dispute leaves industry leaders sharply divided over whether rapid development or regulatory restraint presents the greater danger as competition with China intensifies.

DISCLAIMER: GoldInvestors.news is not a registered investment, legal or tax advisor or broker/dealer. All investment/financial opinions expressed by GoldInvestors.news are from the personal research and experience of the owner of the site and are intended as educational material. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur.