Close Menu
financedailytip.com
    What's Hot

    Industrial Decarbonization Is Good for Business by Elisabeth Reynolds & Nathan Collett

    October 31, 2026

    The World’s Perilous Ebola Complacency by Tom Achoki, Nebiyu Dereje and Jean Kaseya

    October 31, 2026

    Physical AI And Predictions Lead The Lineup

    October 31, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Industrial Decarbonization Is Good for Business by Elisabeth Reynolds & Nathan Collett
    • The World’s Perilous Ebola Complacency by Tom Achoki, Nebiyu Dereje and Jean Kaseya
    • Physical AI And Predictions Lead The Lineup
    • DTCC launches tokenization service with 20 banks including Citi and JPMorgan
    • Mapping AI Resistance by Carl Benedikt Frey
    • Hubbell Incorporated 2026 Q3 – Results – Earnings Call Presentation (NYSE:HUBB) 2026-10-30
    • Naturgy Energy Group, S.A. (GASNY) Q3 2026 Earnings Call Transcript
    • The Fed Is Off Its Own Reaction Function. It Should Tell Us Why.
    Facebook X (Twitter) Instagram
    financedailytip.com
    • Home
    • Business
      • Company News
      • Corporate Earnings
      • Entrepreneurship
      • Mergers & Acquisitions
      • Startups
    • Cryptocurrency
      • Altcoins
      • Bitcoin
      • Blockchain
      • DeFi
      • Ethereum
    • Economy
      • Global Economy
      • Government Policies
      • Inflation
      • Interest Rates
      • Recession
    • Finance
      • Banking
      • Economy
      • FinTech
      • Investing
      • Personal Finance
    • Forex
      • Economic Calendar
      • Forex News
      • Fundamental Analysis
      • Technical Analysis
      • Trading Signals
    • Investing
      • Dividend Investing
      • ETF Investing
      • Growth Investing
      • Portfolio Management
      • Value Investing
    • Stock Market
      • Asian Stocks
      • Earnings Reports
      • European Stocks
      • IPOs
      • US Stocks
    Saturday, October 31
    financedailytip.com
    Home»Business»Company News»Trump says AI safety fears a ‘hoax’ as he rejects calls for greater safeguards
    Company News

    Trump says AI safety fears a ‘hoax’ as he rejects calls for greater safeguards

    AdminBy AdminSeptember 15, 2026No Comments3 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email Copy Link
    Trump says AI safety fears a ‘hoax’ as he rejects calls for greater safeguards
    Share
    Facebook Twitter LinkedIn Pinterest Email

    US President Donald Trump has said fears about the safety of AI are a “hoax”, as he criticised calls to have more guardrails for the fast-moving technology.

    It comes after Jack Clark, a co-founder of AI giant Anthropic, told the BBC that a “kill switch” for dangerous AI that can be checked by a third party may need to be mandatory for the industry.

    Clark’s comments followed warnings about the risks the technology poses to humanity that have been raised in recent days by several executives and staff at leading AI firms.

    Those concerns triggered a selloff in shares of some tech firms on Monday as investors weighed the impact of a potential slowdown in the development of AI.

    In a series of social media posts on Monday, the US president compared warnings about AI to the “Global Warming Scam”, that he said was “being perpetrated by the Radical Left Dumocrats”.

    Trump also called himself “the Hoax Buster”, likening concerns about the safety of the technology to “the RUSSIA, RUSSIA, RUSSIA HOAX”.

    In an earlier post, he wrote: “There is a SICK conspiracy going on against AI and Data Centers, and the only one that is happy about it is China. WHOEVER WINS AI, WINS!”

    On Monday, Chinese state media said experts had warned that “Washington’s growing anxiety over China’s rapid AI development appears to be increasingly distorting its policy priorities”.

    “They know that China has become a strong competitor in AI, and worry that if the US slows down development or tightens regulation, China could catch up even faster,” Xin Qiang, a professor of American Studies at Fudan University, told the Global Times.

    Clark, who is one of Anthropic’s seven founders, said earlier on Monday that a way of shutting off AI software completely if it gets too dangerous was something society “might want to eventually pass rules around”.

    He added that “most labs have different ways of being able to pull the plug”, including Anthropic, but said lawmakers may need to enforce having one.

    Clark’s comments add to the growing number of tech industry and political figures calling for better safeguards.

    On Monday, Microsoft AI became the latest major company to discuss limiting the models it is developing, as it published an outline document on what it called “humanist AI”.

    The firm’s chief executive Mustafa Suleyman told business news channel CNBC that it had been working on the new guidance for months and had decided to publish it now due to the current debate around the technology.

    calls fears greater hoax rejects safeguards Safety Trump
    Share. Facebook Twitter Pinterest Tumblr LinkedIn Telegram Email
    Previous ArticlePubs, hotels and gyms in Wales to get 30% business rates cut
    Next Article AI regulation faces deadlock as calls grow for Congress to act
    Admin
    • Website

    Related Posts

    How Poundland grew from Wolverhampton market to retail giant

    October 30, 2026

    Soaring cost of Halloween treats spooks shoppers

    October 30, 2026

    Crypto giant Binance attempting to recover $6.3bn stolen in hack linked to North Korea

    October 30, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    About us

    Welcome to **FinanceDailyTip.com**, your trusted destination for the latest financial news, market insights, and practical money tips.

    Our mission is to help readers stay informed about the ever-changing world of finance by delivering timely, accurate, and easy-to-understand content. Whether you're an investor, trader, entrepreneur, or simply looking to improve your financial knowledge, FinanceDailyTip.com is here to keep you updated.

    OUR PICKS

    Industrial Decarbonization Is Good for Business by Elisabeth Reynolds & Nathan Collett

    October 31, 2026

    The World’s Perilous Ebola Complacency by Tom Achoki, Nebiyu Dereje and Jean Kaseya

    October 31, 2026

    Physical AI And Predictions Lead The Lineup

    October 31, 2026
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 FinanceDailyTip.com. All Rights Reserved.
    • Privacy Policy
    • Terms and Conditions
    • Contact Us
    • About Us

    Type above and press Enter to search. Press Esc to cancel.