Trump rejects AI regulation calls from Altman, Musk, Amodei as 'hoax'
Three major AI executives urge federal oversight; Trump dismisses safety concerns and accuses industry of regulatory capture.
What to know
- Three major AI executives—Amodei, Altman, and Musk—are calling for federal AI regulation citing safety risks; Trump dismisses the concerns as a hoax.
- Critics including Trump advisor David Sacks and Cohere's Aiden Gomez warn the big AI companies are using safety rhetoric to achieve regulatory capture and entrench market dominance.
- Amodei's proposal includes mandatory third-party safety evaluators embedded in frontier AI companies, drawing parallels to banking regulators—but critics note banking agencies are textbook examples of regulatory capture.
- Trump's skepticism overlaps with legitimate concerns about whether industry-led regulation genuinely protects the public or merely protects incumbents from competition.
“These oligopolies are now requesting to bend competition rules and be permitted to dictate the terms for everyone else. A wolf in sheep's clothing, a cartel by any other name.”
Aiden Gomez, Cohere CEO · The New Republic ↗ · Sep 16, 6:00 AM
Donald Trump U.S. President
Dario Amodei Anthropic CEO
Sam Altman OpenAI CEO
Elon Musk xAI founder
David Sacks Trump advisor, Council of Advisors on Science and Technology co-chairAiden Gomez Cohere CEO
How it unfolded 1 development · click the chart to see its coverage articlesposts
-
1
Critics raise regulatory capture concerns against AI executives' proposals
David Sacks, co-chair of Trump's Council of Advisors on Science and Technology, accused Anthropic of running a 'regulatory capture strategy based on fear-mongering.' Cohere CEO Aiden Gomez similarly warned that the major AI companies were seeking to entrench dominance through regulation framed as safety measures.
“Anthropic is running a sophisticated regulatory capture strategy based on fear-mongering.”
— David Sacks -
background
Amodei, Altman, Musk call for AI regulation; Trump rejects it — Anthropic CEO Dario Amodei issued a statement that artificial intelligence has become too dangerous not to regulate. OpenAI's Sam Altman and Elon Musk's xAI agreed with the position. Trump responded by dismissing AI safety concerns as a hoax and questioning why industry leaders would call for regulation that could hurt their own companies.
Also covered reported alongside — the timeline has no entry for these yet
-
first by The New Republic, 12d ago · also New Republic