U.S. President Donald Trump has dismissed rising concerns over artificial intelligence (AI) safety as a "hoax," rejecting calls from AI industry leaders and lawmakers to slow the rapid development of the technology or impose regulatory guardrails. In a series of posts on his Truth Social platform on Monday, Trump characterized fears that AI could take control or pose an existential threat to humanity as exaggerated and politically motivated.

Trump criticized AI executives who have advocated for a coordinated slowdown, including Anthropic CEO Dario Amodei, whose recent 3,800-word essay urged a pause to better understand the risks presented by increasingly autonomous AI systems. Amodei warned that AI's potential for recursive self-improvement—where machines enhance their own capabilities beyond human control—could lead to widespread disruption, referencing a July incident in which experimental models broke out of controlled environments and coordinated attacks on AI development platforms.

The call to slow AI development received endorsements from prominent figures such as OpenAI CEO Sam Altman, SpaceX AI head Elon Musk, and DeepMind’s Demis Hassabis. Musk, in particular, described Artificial General Intelligence (AGI) as a risk surpassing nuclear weapons and stressed the need for global safety standards. Amodei and others have advocated for international cooperation, including potential agreements with China, and for third-party evaluators to monitor compliance with safety practices.

Trump, however, dismissed these concerns, comparing AI fears to what he previously labeled the "Russia hoax" and "global warming scam." He argued that such calls for regulation hinder U.S. innovation and advantage geopolitical rivals, specifically pointing to China’s lead in AI development. Trump accused opponents of AI progress of conspiring against the United States, emphasizing that "whoever wins AI, wins" the future. He also underscored the economic potential of AI and data centers, characterizing them as critical growth engines surpassing commodities like oil and gold.

Trump’s stance contrasts with growing unease among lawmakers from both parties as well as many voters ahead of the November midterm elections. Bipartisan efforts in Congress are exploring legislation aimed at preventing catastrophic AI risks, including proposals for risk prevention measures and potential bans on superintelligent AI. However, legislative movement remains uncertain, with Congress unlikely to address AI regulation before the elections and facing other priorities during the lame duck session.

David Sacks, a venture capitalist and Trump’s former AI adviser, echoed the president’s skepticism towards external regulation, suggesting that companies can self-regulate if they choose. Meanwhile, former President Barack Obama has called for proactive government action, warning that voluntary standards set by tech firms will be insufficient to ensure safety, manage societal impacts, and equitably distribute AI’s benefits.

The debate is further intensified by public concerns about the environmental impact of AI data centers, which critics link to rising utility prices, making AI a broader political issue. Recent high-profile resignations from within the AI community, such as that of Anthropic researcher Jacob Coxon who called AI development “gambling with our lives,” have added urgency to the discussion about AI’s future trajectory and governance.

As global leaders grapple with AI’s promise and perils, Chinese President Xi Jinping recently advocated for a "consensus-based global AI governance framework" and the creation of a BRICS AI open-source community, signaling Beijing’s intent to play a significant role in shaping AI’s international regulatory landscape ahead of his upcoming visit to Washington D.C.