Trump calls AI fears a 'hoax' as tech exec warns of 'unseen hand' in regulation push
As President Donald Trump dismisses AI existential risk as a "hoax" reminiscent of climate change narratives — sparked by a surprise call from Nvidia CEO Jensen Huang — tech executives are pushing back, warning of an "unseen hand" shaping the future of global regulation amid intense geopolitical competition with China.
Obama urges debate over push for AI progress versus backing off with regulation
Former President Barack Obama is calling for a broader public conversation on how society balances rapid artificial intelligence progress with necessary oversight, welcoming recent moves by frontier tech labs to slow their development pace.
Obama emphasized in a Monday night X post that the trajectory of AI — moving faster than the engineers building it — will shape everything from medical breakthroughs to economic stability.
The "choices" on pushing progress versus pulling back with regulation "should be made not just by the companies involved, but by all of us," Obama wrote.
"But whether this technology results in amazing breakthroughs in medicine, energy and education or unleashes huge economic disruptions, greater inequality, and potential catastrophe will depend on the choices that we make right now – choices that should be made not just by the companies involved, but by all of us."
Rather than leaving these choices solely to private corporations or extreme techno-utopians and doomers, he argued that the future of the technology depends on immediate, collective public debate over regulation versus heavy-handed intervention.
Obama's post welcomes a pause, praising the decision by frontier lab leaders to decelerate development as a "good and necessary first step."
He also rejected extremes, distancing himself from both uncritical accelerationists and catastrophic doomers, advocating for a grounded middle ground.
The stakes are too high to be decided exclusively by a handful of tech companies, urging that society at large must participate in deciding how to govern the technology, Obama urged.
GOP Sen Tim Scott on Clarity Act: It's time for everyone to put their cards on the table
Sen. Tim Scott, R-S.C., discusses cryptocurrency regulations on FOX Business as the Clarity Act faces a preliminary Senate vote over cryptocurrency regulatory action.
Treasury Secretary Bessent clashes with Dem Rep Waters over AI accountability
Sparks flew during a tense congressional exchange this week as Treasury Secretary Scott Bessent and Rep. Maxine Waters, D-Calif, went head-to-head over regulatory oversight and the rapid expansion of artificial intelligence.
The fireworks began when Waters issued a sharp rebuke of the Trump administration's approach to tech innovation.
Pointing to warnings from tech titans and industry leaders — including figures like Bill Gates, Elon Musk, and Anthropic CEO Dario Amodei — Waters accused the administration of blindly championing AI and data centers without adequate safeguards.
"They said we're moving into a dangerous period of time. We need to watch it. We need to slow down," Waters pressed, demanding a simple "yes or no" on whether Bessent had heard the mounting safety warnings.
Bessent pushed back against the critique, maintaining that the administration has proactively evaluated AI models for months, and noting Big Tech companies can control their progress.
"They could stop their progress anytime they want to," Bessent said to a Waters intent on "reclaiming my time."
When Waters pressed further, arguing that tech billionaires themselves are sounding the alarm, Bessent countered that some industry players are simply lobbying for regulations to suit their own interests.
The heated back-and-forth ultimately ended with Waters reclaiming her time, underscoring a deepening partisan divide in Washington over how — or if — the federal government should put the brakes on the AI boom.
GOP Sen Capito warns of AI risks as Congress debates regulation
The debate over regulating artificial intelligence is escalating in Washington, D.C., according to Sen. Shelley Moore Capito, R-W.Va., on "America's Newsroom."
Capito is warning of potential risks from ChatGPT and the need for congressional guardrails.
Crypto industry pushes for passage of CLARITY Act
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AI leaders debate slowdown as Anthropic CEO warns of potential risks
President Donald Trump and the emerging divisions among artificial intelligence leaders over how quickly the technology should advance was debated by Fox News' "Outnumbered" panelists Monday.
US has a ‘massive lead’ on China in the AI race: Valuetainment founder
Valuetainment founder Patrick Bet-David discusses the debate over artificial intelligence regulation amid concerns about the technology’s safety and advancement, saying on "Jesse Watters Primetime" that the U.S. has a "massive lead" on China in the AI race.
Watters: Big Tech leaders are demanding a merger with the Democratic Party
Fox News host Jesse Watters breaks down the suspicious call from the left for artificial intelligence regulation on "Jesse Watters Primetime."
Under Secretary of War calls on AI leaders to ‘invest in safety’
Under Secretary of War for Research and Engineering Emil Michael urges technology companies to prioritize artificial intelligence safety and security on "The Story."
Will Cain: AI scare is so big, it’s uniting Sen. Bernie Sanders and Steve Bannon
Fox News host Will Cain discusses Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman calling for government oversight of artificial intelligence on "The Will Cain Show."
Concern over the AI scare is so bipartisan that it is even uniting political polar opposites Sen. Bernie Sanders, I-Vt., and conservative activist Steve Bannon.
AI is 'different from all other technologies,' Anthropic whistleblower says
Former Anthropic researcher Jacob Coxon debates Fox News host Sean Hannity over the controversial calls for artificial intelligence regulation on "Hannity."
Hannity calls out Democrats' 'coordinated' messaging on AI: Makes me suspicious
Fox News host Sean Hannity argues Democrats are spreading ‘misinformation’ about artificial intelligence and data centers as they raise concerns about the technology’s safety and advancement on "Hannity."
Nvidia CEO Jensen Huang dismisses AI doomsday fears as 'not grounded in science'
Nvidia CEO Jensen Huang is dismissing AI doomsday fears, explaining why extreme AI concerns are not grounded in science, FOX Business' Stuart Varney and Madison Allworth report.
AI standards are needed, but they won’t come from an agreement with China: Gordon Chang
Gatestone Institute senior fellow Gordon Chang and cybersecurity expert Morgan Wright analyze the high-stakes U.S.-China artificial intelligence race on Fox News' "Hannity."
Jesse Watters: Your computer is going to kill you
Fox News host Jesse Watters breaks down the "suspicious" call for regulation of artificial intelligence from the left on "Jesse Watters Primetime."
Juan Williams says Trump seems to be so far 'out of touch' against AI regulatory push
The pace of AI development, U.S.-China competition, political strategy, and the regulatory debate surrounding artificial intelligence were under debate on Fox News' "Special Report."
Panelest Juan Williams said President Donald Trump argument against regulatory actions seems to be so far "out of touch."
Former Anthropic researcher calls AI ‘uniquely terrifying’
Kurt Knutsson and Encode founder Sneha Revanur discuss a former Anthropic researcher’s warning about the risks of artificial intelligence on "Fox News @ Night."
Trump dubs AI fears ‘a hoax’ as tech leaders call for safeguards
President Donald Trump continues to push back against fears over artificial intelligence as some technology leaders call for safeguards, Fox News correspondent Christina Coleman reports on "Fox News @ Night."
Trump, experts warn of existential threat in AI arms race with China
President Donald Trump and experts warn that losing the AI arms race to China poses an existential threat, comparing it to the Cold War nuclear race, Marc Thiessen says on "America Reports."
US energy dominance push benefits global supply chains, EPA administrator says
EPA Administrator Lee Zeldin outlines the path to U.S. energy dominance and explains how expanding domestic production can strengthen global supply chains on "The Story."
AI safety debate heats up as tech leaders call for regulation
Fox News congressional correspondent Bill Melugin reports on the growing calls from tech leaders to regulate artificial intelligence on "The Story."
Vance meets with House GOP as AI slowdown debate grows
Rep. Russell Fry, R-S.C., in a Fox News appearance, discusses Vice President JD Vance's meeting with House Republicans and the national security threat posed by China in the AI race.
Expert analyzes proposed crypto ethics requirements under the Clarity Act
Host Taylor Riggs and Blockchain.com CEO Peter Smith discuss President Donald Trump's support for new cryptocurrency ethics requirements under the proposed Clarity Act.
Energy policy takes center stage at G20 summit as Trump warns of China's AI rise
FOX Business' Lauren Simonetti reports on G20 energy talks in Houston.
EPA Administrator Lee Zeldin proposes stripping climate rules, while Victoria Coates analyzes the Saudi pipeline shutdown and President Donald Trump's warning on AI regulation.
Congress sounds alarm over 'rogue' AI as lawmakers weigh new guardrails
Fox News senior congressional correspondent Chad Pergram reports on lawmakers’ push for new artificial intelligence safeguards as Congress weighs the risks of AI against concerns that regulation could give China an advantage.
Gates Foundation pledges $1 billion push for AI global equity
Artificial intelligence holds the power to either bridge global divides or deepen existing inequalities, according to a stark warning issued by Bill Gates in the latest annual Goalkeepers report.
To ensure AI becomes a force for good rather than a source of injustice, the Gates Foundation has pledged $1 billion over the next two years to expand access and democratize the technology for developing nations, according to the report released ahead of the United Nations General Assembly.
While tech giants pour hundreds of billions into commercial products, the foundation's targeted investment focuses on critical areas where AI can accelerate progress for vulnerable populations:
– Global health ($400 million): Upgrading diagnostic tools to help clinicians catch overlooked symptoms and training health workers using pilots with partners like OpenAI.
– Education ($400 million): Developing tools that assist teachers in adapting lesson plans around concepts their students struggle to understand.
– Agriculture and local language inclusion ($200 million total): Building data sets for underserved and underrepresented local languages (collaborating with Google.org, Microsoft, and Anthropic), alongside mobile apps providing small farmers with real-time weather, pest, and fertilizer advice.
The Associated Press contributed to this report.
Trump trolls NVIDIA's Jensen Huang over struggle to figure out speakerphone
President Donald Trump, showing a close, cordial relationship with NVIDIA co-founder and CEO Jensen Huang, trolled the leader of the biggest semiconductor chip company in the world for his on-stage struggle with how to use a cellphone.
"The great thing about life is that Jensen can develop the most complex computer chip in the world that nobody can copy for 10 years but can't figure out how to put me on speakerphone," Trump said through the phone to the Huang-held stage mic at an AI summit event Monday.
"Almost as distressing is the happiest group is China."
Trump is facing opposition for his push for American leadership in the artificial intelligence technology versus China, just days before a Chinese dictator Xi Jinping trip to the White House.
Opposition forces are seeking to slow down AI growth and implement regulatory safeguards, while campaigning against data centers. Trump has rebuked the efforts as akin to the climate change "hoax" as overregulation as stifling American prosperity and leadership in the world.
Trump calls Nvidia CEO Jensen Huang during summit, dismisses AI fears as 'hoax'
Nvidia CEO Jensen Huang received a surprise phone call from President Donald Trump on Monday, in which the president dismissed fears that AI poses an existential threat to humanity and argued against calls to slow frontier AI development.
While speaking on stage at the All-In Summit in Los Angeles, Huang answered the call and placed Trump on speakerphone for the audience of thousands, as shown in a video of the event shared by the All-In Podcast.
"I’m telling you, it’s all a hoax," Trump said. "The data centers are great, and they make people wealthy, and they make states wealthy, and it's the oil of the next 20–25 years."
Trump said critics are "playing right into the hands of a lot of people that don't want to see it happen."
"That could be political people. It could also be China. And we're not going to let that happen," Trump said.
The president also rejected the idea that AI could pose an existential threat to humanity.
"The robots are not going to be taking over the world," the president added.
Separately on Monday, Trump shared a series of Truth Social posts defending AI development and criticizing calls for increased regulation.
This is an excerpt from Sophia Compton's full FOX Business report.
Palantir CTO warns of 'unseen' forces 'pushing AI safety as a political ideology'
Palantir Chief Technical Officer Shyam Sankar is warning of "attempted coup" from "unseen" hands pushing back on "technological progress" that artificial intelligence may bring.
"There is an unseen hand pushing AI safety as a political ideology," Sankar wrote Monday night on X.
"Effective Altruists believe a tiny group of technocrats should decide how much technological progress the rest of us are allowed to have…. and how many shrimp your life is worth.
"You are witnessing their attempted coup."
Trump: 'AI Hoax being perpetrated by the Radical Left'
President Donald Trump is concerned the push for regulation of the rapidly developing artificial intelligence (AI) industry is another "hoax" akin to climate change, potentially stifling innovation and his push for American exceptionalism and leadership in the world.
"The AI Hoax being perpetrated by the Radical Left Dumocrats is reminiscent of their Global Warming Scam of not so long ago, where everyone was going to die from extreme heat," Trump wrote Monday night on Truth Social. "What happened? MAKE AMERICA GREAT AGAIN!!!"
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