Trump calls AI-risk fears a 'hoax' as slowdown calls rattle global markets
Anthropic and OpenAI executives urge AI safeguards as tech stocks slide worldwide, while Trump rejects regulation and Vance warns industry-backed rules could be a "Trojan horse".
Part of a larger narrative
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What to know
- AI-linked stocks fell sharply across Asia, Europe and the US after industry leaders including Anthropic and OpenAI called for a slowdown and safeguards, with SoftBank, Kioxia, SK Hynix and others down more than 5%.
- Trump rejects the calls for regulation, calling fears of AI "destroying humanity" a hoax and insisting existing laws are sufficient; Vance takes a more cautious tone, warning industry-backed rules could be a "Trojan horse".
- House Speaker Mike Johnson says Trump will meet AI industry leaders this week to discuss the government's role in safety, but no concrete policy has emerged.
- Despite the selloff, Wall Street has not broadly abandoned the AI trade: major US indexes only edged lower as some stocks were hurt and others helped by the debate.
“must always serve people”
Sam Altman, OpenAI CEO · BBC · Sep 13
Jack Clark Anthropic co-founder
Dario Amodei Anthropic CEO
Sam Altman OpenAI CEO
Donald Trump US President
JD Vance US Vice President
Mike Johnson US House Speaker
How it unfolded 7 developments, newest first · click a bar or a number to jump articlesvideospostscomments
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Asian and global shares extend losses as AI pressure persists
Asian shares trade mostly lower and global markets remain under pressure as AI-related concerns continue alongside rising bond yields and oil prices lifted by recent Middle East attacks.
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first by Anadolu Agency, 8d ago
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first by Philadelphia Inquirer, 8d ago
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Sure. But nothing except for the crowing of AI salesmen points into that direction. So the more likely outcome is that everyone wastes stupendous amounts of money chasing a goal that likely doesn't actually exist because they aren't the ones shouldering the consequences. It's as if the space race had happened without solid proof that the moon even…
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Wall Street keeps buying despite AI slowdown warnings
The Wall Street Journal reports major US indexes edge only slightly lower as the slowdown calls hurt some AI-linked stocks while boosting others, showing investors are not broadly retreating from the AI trade.
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2 outlets first by WSJ Tech, 9d ago · also WSJ Markets · read ↗
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first by Philadelphia Inquirer, 9d ago
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AI-linked stocks fell worldwide on Monday after industry leaders called for slowing development; the Philadelphia chip index fell 6%, NVDA 3%, AMD 4%, and MU 5% (Reuters) https://www. reuters.com/world/china/ai-lin ked-asian-stocks-slump-after-top-lab-ceos-call-slowing-down-technologys-2026-09-14/ http://www. techmeme.com/260914/p2#a260914 p2
1 more of the top 2 · 2 posts in this stretch
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Major AI names and memory-chip makers declined on Wall Street as leading tech groups called for an AI development slowdown. Rising oil prices and higher borrowing costs added pressure to the broader #Stocks selloff. 📉 #Nasdaq 🗞️ ft.com
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Vance calls industry-driven AI rules a possible "Trojan horse"
Vice President JD Vance argues for "smart" regulation but voices suspicion that tech firms seeking government rules could be a "Trojan horse"; House Speaker Mike Johnson says Trump will meet industry leaders this week to discuss AI safety.
“Trojan horse…”
— JD Vance -
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Trump says the only guardrail we need for AI is a "smart president" - WELL WE SURE AS HELL DON'T HAVE THAT, DO WE? Jesus Kentucky Fried Christ.
1 more of the top 2 · 3 posts in this stretch
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Wow, OK, but we won't have one of those until '29 at the earliest...
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Global tech stocks fall as sector leaders align on safeguards
Tech stocks in Asia, Europe and the US decline as AI sector leaders converge on calls for the pace of development to slow, unsettling markets already sensitive to rate expectations.
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first by NDTV, 9d ago · also AP News, Yahoo Finance, Philadelphia Inquirer
2 more headlines
- Asian shares decline and OpenAI investor SoftBank shares plunge after calls to slow AI industry AP News · 9d ago
- Global shares mostly decline and AI stocks plunge after calls to slow AI industry Philadelphia Inquirer · 9d ago
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first by Financial Times, 9d ago
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Trump dismisses AI-extinction warnings as a "hoax"
In posts on Truth Social, Trump calls fears that AI could "take over the world" or "destroy humanity" a hoax and part of a "sick conspiracy" against US success, insisting AI development "will not be stopped".
“will not be stopped…”
— Donald Trump -
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Global equities declined after major AI firm leaders proposed slowing technology development. Rising oil prices added further pressure on risk sentiment. #Stocks #Macro 🗞️ bloomberg.com
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Anthropic's Jack Clark tells BBC AI needs a "kill switch"
Anthropic co-founder Jack Clark tells the BBC AI is getting more powerful "by the day" and firms should be required to have a shutdown mechanism if systems become too dangerous; OpenAI's Sam Altman renews warnings that AI "must always serve people".
“getting smarter and more capable every few months…”
— Jack Clark -
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The slump in AI stocks follows calls for a slowdown in advanced AI development from the leaders of Anthropic, OpenAI and SpacexAI.
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AI lab chiefs' slowdown calls trigger Asian stock slump
Reuters reports AI-linked Asian shares tumble after top AI lab CEOs urge slowing the pace of AI development, with SoftBank, Kioxia, SK Hynix, Minimax and Z.ai all falling more than 5%.
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first by UPI, 9d ago · also Quartz, KTVZ-TV, CNN, CBS News, Evening Standard
4 more headlines
- Stocks fall as AI slowdown calls, oil surge weigh on Wall Street Quartz · 9d ago
- AI stocks slide after top industry CEOs call for slowdown of technology's development KTVZ-TV · 9d ago
- Tech stocks slump after AI execs call for industry slowdown CBS News · 9d ago
- Tech stocks fall after calls for AI development to slow Evening Standard · 9d ago
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first by Los Angeles Times, 9d ago · also Capital Brief, Wall Street Journal, MarketWatch, Dow Jones Newswires, Reuters
4 more headlines
- US stocks slide after calls for AI slowdown Capital Brief · 9d ago
- Chip Stocks Tumble After AI Leaders Call For Slowdown in AI Development Wall Street Journal · 9d ago
- Asian Tech Stocks Tumble After AI Leaders Call For Slowdown in AI Development MarketWatch · 9d ago
- AI-connected Asian stocks fell sharply after US tech leaders' call for pacing AI development, with SoftBank, Kioxia, SK Hynix, Minimax, and Z.ai down 5%+ Reuters · 9d ago
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Good morning. Further to yesterday's post on stocks (below): Futures currently indicate that the tech-heavy Nasdaq is set to open down nearly 2%. Note that this is another area where divergence is likely IF, and it is a big IF, there is a coordinated deceleration in AI development. Specifically, a ...
1 more of the top 2 · 2 posts in this stretch
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Asia stocks slip on tech losses with oil surge, yields in focus https://www. investing.com/news/stock-marke t-news/asia-stocks-slip-on-tech-losses-with-oil-surge-yields-in-focus-4894912?utm_source=flipboard&utm_medium=activitypub Posted into Financial Markets @ financial-markets-Investingdotcom
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Also covered reported alongside — the timeline has no entry for these yet
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first by Bloomberg Markets, 10d ago · also Politico, The Economic Times, City A.M.
3 more headlines
- Tech stocks fall after AI warnings Politico · 9d ago
- AI slowdown trade hits Nvidia, SoftBank, SK Hynix as global tech stocks fall up to 10% The Economic Times · 9d ago
- Tech stocks slide as AI extinction warnings rattle markets City A.M. · 9d ago
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3 outlets AI stocks drop, but the rest of Wall Street holds steadier after oil prices give back an early jump
first by BNN Bloomberg, 9d ago · also Philadelphia Inquirer, WTOP News
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3 outlets AI stocks drop on calls for a global slowdown as jumping oil prices send the 10-year yield to 5%
first by Philadelphia Inquirer, 9d ago · also Yahoo Finance, Bloomberg Tech
3 more headlines
- Stocks Slump on AI Slowdown Fears and Rising Bond Yields and Crude Prices Yahoo Finance · 9d ago
- Stocks Fall on AI Fears as 10-Year Yield Hits 5% Bloomberg Tech · 9d ago
- AI stocks drop on calls for a slowdown as rising oil prices push the 10-year yield to 5% Philadelphia Inquirer · 9d ago
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first by Yahoo Finance, 9d ago · also Investing.com News, Reuters
1 more headline
- AI warnings knock Nasdaq futures, pressure tech stocks Investing.com News · 9d ago
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first by WSJ Markets, 9d ago · also WSJ
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first by Philadelphia Inquirer, 9d ago · also Yahoo Finance
2 more headlines
- Stocks Fall on AI Slowdown Fears and Rising Crude Oil Prices Yahoo Finance · 9d ago
- AI stocks drop on calls for a global slowdown as Brent oil's price hits $109 Philadelphia Inquirer · 9d ago
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first by Yahoo Finance, 9d ago · also Fast Company
2 more headlines
- Nvidia, chip stocks fall as AI CEOs call for slowdown Yahoo Finance · 9d ago
- Chip Stocks Tumble After AI Leaders Call for Slowdown in Development Yahoo Finance · 9d ago
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first by WSJ Markets, 9d ago · also Yahoo Finance
1 more headline
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first by CNBC, 9d ago · also CoinDesk
1 more headline
- Bitcoin bucks tech selloff as AI safety concerns weigh on stocks CoinDesk · 9d ago
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first by Investing.com, 15d ago · also Investing.com News
1 more headline
- Asian stocks fall as AI slowdown fears deepen, oil surge lifts rate risks Investing.com News · 9d ago
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