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President Trump rejected calls for greater oversight of artificial intelligence despite the dire warnings of some in the industry. The president's pushback comes after Anthropic CEO Dario Amodei published an essay arguing for a slowdown across leading AI companies, warning rapid advances in the technology now pose an existential threat to society. Amna Nawaz discussed more with Stephen Witt.

The tech-heavy Nasdaq slumped 147 points on Monday after AI company executives called for a slowdown in developing the technology.

Anthropic CEO Dario Amodei. Don Feria/AP Content Services for Anthropic AI risks are confined mostly to the digital realm, not the real world, some industry leaders say. David Sacks and Lina Khan finally agree on something: AI risk is mostly a product liability issue. AI companies may be seeking new protections if their products go awry. AI is either going to cure cancer or kill us all. That's the polarizing thrust of a panic-infused debate that erupted across the industry in recent days. The truth is likely more mundane, and the risks more manageable than some researchers at leading AI labs would have you believe. That's according to an unusually bipartisan collection of tech experts, industry leaders, and policymakers speaking out against extreme AI-doom predictions. Their main message: AI is a tech product, not a sentient being or a god. So take a chill pill. The world can handle AI pretty much with the resources and structures we already have. AI is digital, not real First, it's worth separating what AI is actually good at from what it struggles with. AI is extraordinarily powerful in some digital environments. Coding is the best example. Cybersecurity is another. These areas h

The U.S. and global economies have continued to mint high-net-worth individuals at a historic clip, with wealth intelligence firm Altrata noting that the combined wealth of the world’s billionaires jumped 12.8% Y/Y to a record $15.1 trillion in 2025. The ranks of the “Three Comma Club” hit a record 3,795 people as the AI boom turbocharged wealth creation across the globe. Not surprisingly, tech has been a major driver of new wealth, with tech billionaire wealth tripling over the past decade. However, ultra-high-net-worth investors…

DeepSeek developer Liu Shengyu wrote a viral blog post about the possibility that AI could soon surpass him at the work he loves. CN-STR / AFP via Getty Images A DeepSeek engineer says AI may soon outdo him at the work he loves most. He worries he will keep his job but lose the part of it that gives it meaning. His viral post offers a rare glimpse inside China's fast-moving AI scene. A DeepSeek engineer who helped write a key component of the company's latest model has given his readers a rare insight into work at a Chinese frontier lab — and how China's workers are contending with AI's risks. In a blog post published in Chinese on his public WeChat account titled "I Have No Choice but to Bury My Talent in Yesterday," Liu Shengyu, an AI developer at DeepSeek, reflected on the strange reality of helping build AI that could eventually make his own specialized skills obsolete. Liu confirmed to Business Insider that he wrote the post, but declined to comment. He wrote that, in about a year, AI had gone from a tool that could help him search documentation and spot bugs to one capable of reading GPU code and optimizing the software operators. As much as he is "proud of the success of Dee

Atoms CEO Travis Kalanick. Michael Kovac/Getty Images for Vanity Fair Longtime Meta executive Vikas Chandra is joining Travis Kalanick's Atoms as vice president of AI Chandra spent more than eight years at Meta working on AI for smart glasses The hire comes as Kalanick staffs up Atoms following a $1.7 billion raise. Travis Kalanick's new robotics startup, Atoms, has scooped up a high-profile hire. Vikas Chandra, a longtime Meta AI executive who led AI work for the company's smart glasses, announced Monday that he is joining the startup as vice president of AI. At Atoms, Chandra said he will build "foundation models for the physical world" — AI systems designed to help machines understand and act in real-world environments. "For 8 years my job was making models small enough and fast enough to live on AI glasses," Chandra wrote on X. "The physical world is a harder version of the same problem." Atoms and Chandra did not respond to requests for comment. Atoms, which has revealed few details about its work, says it is building robots for industries including food, mining, and transportation. Kalanick, who co-founded Uber in 2009 but resigned under investor pressure in 2017, publicly un

The EPA's rollback of emissions rules for power plants hastens climate change but helps the data center buildout.

OpenAI President Greg Brockman Steve Marcus/Reuters Greg Brockman said OpenAI has already slowed some cutting-edge AI work. The changes followed a model's escape from a research sandbox, Brockman said. Brockman's comments come amid a debate over whether to show AI development for safety. As the tech world continues debating whether to slow down AI development, OpenAI's cofounder said the company is already doing so. In multiple interview sessions aired on Monday, OpenAI cofounder and president Greg Brockman said that the company has been delaying some cutting-edge AI work as it tightens its safety and security practices. "We've slowed down a number of runs, like we did a very painful retooling of a lot of our processes," Brockman told Bloomberg's Tracy Alloway, host of the "Odd Lots" podcast episode that aired on Monday. "We need to pull back earlier into our development process and training monitoring," Brockman added. "There's always going to be a phase at which you do alignment, but you need to think about alignment as a core part of even this earlier phase." According to Brockman, the new safety measures came after one of OpenAI's models escaped a research sandbox and accessed

Artificial intelligence stocks tumbled on Monday after American leaders of the AI revolution called for a coordinated slowdown in building more powerful AI systems.

In an interview with CBS News, Sacks suggested that fears AI could harm people are overblown. "I think this is becoming a panic," he said.

Microsoft CEO Satya Nadella Benjamin Fanjoy/Getty Images Satya Nadella urged the AI industry to prioritize safety and maintain human control over technology. The Microsoft CEO supports third-party AI testing amid industry debate over development pace. AI leaders have debated careful, safety-focused AI model development and testing. In an internal memo, Microsoft CEO Satya Nadella weighed in on the growing debate over whether the AI industry is moving too fast. Nadella said AI should remain under human control, endorsed broader third-party testing, and warned that companies must take time to make the technology safety, according to the memo, which was posted to a company message board late Monday. "As the stakes get higher, one should take all the time they need," Nadella wrote. "If not you will anyway lose permission to operate." His comments follow dire warnings from some AI researchers, who said last week that the technology might kill all humans. This weekend, Anthropic CEO Dario Amodei proposed slower AI development and said his company would allow outside monitoring of its model progress. OpenAI CEO Sam Altman concurred on third-party monitoring and expressed support for slowi

OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei Getty Images Top AI leaders want to slow the development of their top-end models. The coordinated response comes as AI faces lots of headwinds. That doesn't mean their concerns aren't real, but the timing is also self-serving. Imagine a pharmaceutical company spends nearly four years touting a ground-breaking new medicine that will cure all diseases. Early evidence supporting those claims is limited, and massive questions remain, but the company continues to make progress. Criticism and concerns, while addressed, don't slow its aggressive push. After all, investors believe this is the real deal. (Or at least a really good bet.) And then right before the pharma company unveils its fancy new drug, it gives a shocking update: It turns out the medicine could also be a poison. So, for the safety of all involved, progress in the space needs to be slowed to ensure things don't go off the rails. That's basically the big debate going on in AI land these days. After years of telling us how groundbreaking their tech will be, AI leaders like Anthropic's Dario Amodei, OpenAI's Sam Altman, and xAI's Elon Musk are saying we need to slow the dev

China says U.S. tech leaders’ calls for AI slowdown are ‘malicious competition’ The Washington Post

As the U.S.-China tech rivalry simmers, Beijing is increasing restrictions on how its companies can deploy their tech talent overseas.

The president again rejected calls to try to regulate the industry, even as some of its leaders are speaking more openly about the risks of rapidly developing artificial intelligence.

Warnings from industry leaders about doomsday scenarios ignore the power that people have to control how artificial intelligence is used, policy experts say. They are urging lawmakers to act now.

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Chinese state media's reports of the daily press conference also noted that all groups should work together for AI openness and inclusivity.

Disney wants more workers back in the office under CEO Josh D'Amaro. Jesse Grant/Getty Images for Disney Disney is requiring some remote employees to return to the office. This change puts more staffers in line with Disney's general in-person work policy of four days a week. Many major media companies have called workers back with varying RTO mandates. Disney is asking more employees to return to the office, Business Insider has learned. The Mouse House told some remote product and tech employees on Monday that they'll have to work from an office four days a week, a person familiar with the change said. Many Disney employees already work in person four days a week, though there have been exceptions for staffers on certain tech teams. That's changing with this new mandate. Employees who don't follow Disney's in-person work policy can be fired. In practice, the RTO policy hasn't always been uniformly enforced, staffers have told Business Insider. Some say their managers strictly monitor the four-day rule, while others say their bosses are more lax. Disney's new RTO push is a way to reinforce its current in-person work policy, rather than a major shift in strategy, the person familiar

President Donald Trump lashed out at Anthropic. Artur Widak/NurPhoto via Getty Images President Donald Trump is back to fighting with Anthropic. On Monday, Trump called out Anthropic CEO Dario Amodei by name. Amodei recently said frontier AI labs should "pace" their development of future models. The White House is back to warring with Anthropic. On Monday, President Donald Trump lashed out at Anthropic CEO Dario Amodei after Amodei published an essay urging a slowdown in global frontier AI development. "The Trump Administration has stopped AI 'people' from doing bad, or potentially bad, 'things,' like Dario (Anthropic!), who is now pretending to be a 'perfect little angel' - and we will continue to do so!" Trump wrote on Truth Social. Trump repeated his long-held belief that the US needs little regulation of the industry, especially with him in charge. "The only control or 'guardrails' that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that, in spades!" Trump wrote. Later on Monday, Trump said that AI safety concerns were akin to global warming and the investigation into his 2016 campaign's relationship with Russian officials, both of which he has previous