Trump dismisses AI safety concerns as tech stocks slide

US President Donald Trump has labeled calls for slowing down AI development a "sick conspiracy," rejecting industry leaders' warnings about potential risks. This follows an essay by Anthropic CEO Dario Amodei, supported by figures like Sam Altman and Elon Musk, urging a more cautious approach to AI advancement. The debate has triggered a market reaction, with tech-heavy indices and semiconductor stocks, including Nvidia and AMD, seeing significant declines as investors price in a potential slowdown. While some experts and UK lawmakers highlight human rights and security risks, others argue that intense global competition will likely sustain heavy investment in AI infrastructure. Meanwhile, companies like Anthropic continue to push toward profitability, even as major players like OpenAI delay IPO plans due to safety concerns. The tension between rapid innovation and regulatory oversight remains a central theme in the current technology landscape.
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