US president says current oversight is adequate and regulations could allow China to win AI competition.
President hits out after Anthropic, OpenAI and SpaceX leaders back call to limit ‘reckless’ development Business news – live updates Donald Trump has dismissed calls to increase controls on AI as a “sick conspiracy”, as stocks linked to the technology slumped after appeals from leading developers on the weekend for the industry to slow down. The US president wrote on social media: “The only control or ‘guardrails’ that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the USA has that, in spades!” Continue reading...
