Nvidia CEO Jensen Huang took a phone call from US President Donald Trump during a panel discussion on Monday, allowing the Republican to dismiss dangers posed by artificial intelligence (AI) as a “hoax.”
The AI pushback is “just playing right into the hands of a lot of people that don’t want to see it happen. And that could be political people. Calls have grown to curb the pace of development. But Trump and Huang don’t seem to be on board with the notion, although the Nvidia CEO praised an Anthropic PBC researcher who resigned over the fears. Nvidia, the world’s most valuable company, whose chips help run artificial intelligence models, has been the top beneficiary of a massive AI infrastructure build-out. Donald Trump, meanwhile, has emerged as a fierce advocate for data centre construction, even in the face of growing opposition.
Shares of Nvidia fell 3.4 per cent.
It could also be China,” Trump said on the phone. The issue emerged after a former Anthropic researcher, Jacob Coxon, quit the company, claiming that AI could “kill humanity by the end of the decade” and that Anthropic and OpenAI were “gambling with our lives.
Since then, multiple AI scientists have quit citing similar issues and heads of three of the biggest AI firms, Anthropic’s Dario Amodei, OpenAI’s Sam Altman, and xAI’s Elon Musk, have agreed in public that the world needs to slow down AI development. US tech stocks slumped on Monday over concerns about a potential deceleration in spending.
