China Rejects U.S. AI Slowdown Calls as SoftBank Slides 10%
Updated
Updated · CNBC · Sep 14
China Rejects U.S. AI Slowdown Calls as SoftBank Slides 10%
3 articles · Updated · CNBC · Sep 14
Summary
Beijing on Monday dismissed U.S. executives' calls to slow AI development as “fear mongering,” arguing such rhetoric would disrupt global AI governance.
The pushback answered warnings from Anthropic's Dario Amodei, OpenAI's Sam Altman and Elon Musk that rapid AI advances pose serious dangers and may require slower deployment.
China's security minister Chen Yixin a day earlier urged faster construction of an AI risk-prevention system, while calling AI the main battleground in global technological competition and seeking “healthy and orderly” development.
Trump also rejected the slowdown push, saying the U.S. must preserve its lead over China because “whoever wins AI, wins,” underscoring how safety debates are colliding with strategic rivalry.
AI-related stocks fell Monday, with SoftBank down 10% in Japan, as China also promoted AI cooperation through BRICS and its models gained traction with some Western companies.