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Trump Dismisses AI Regulation Calls as Hoaxes Amid Industry Push for Guardrails

By Drooid · · How we work

Core Event: President Rejects AI Safety Demands

President Donald Trump called warnings about artificial-intelligence risks “hoaxes” and “conspiracies,” rejecting proposals for additional federal guardrails. In social-media posts he likened AI “taking over the world” to other political hoaxes and said the United States has already done enough to prevent catastrophic outcomes.

Background & Context: Rising AI Safety Concerns and an Industry-Led Proposal

Former employees of leading AI firms have warned that unchecked development could pose existential threats. In response, OpenAI, Anthropic, and Google announced a self-regulatory body modeled after the Financial Industry Regulatory Authority. The plan, first outlined by Demis Hassabis of Google DeepMind, would fund testing of the most powerful AI systems before public release.

Official Statements & Responses

  • The administration reiterated its stance in a Truth Social post that dismissed AI-related “guardrails” as unnecessary.
  • Jensen Huang, CEO of Nvidia, praised the dismissal, saying predictions that AI could destroy humanity “are not grounded on science.”
  • Vice President JD Vance voiced cautious support for further AI policy discussion, indicating not all Republicans share the president’s view.

Criticism & Opposition

  • Smaller AI firms warned the self-regulatory framework could cement the dominance of large U.S. labs, calling it a “cartel” in the name of safety.
  • Researchers such as Jacob Coxon have warned that industry-led testing may be insufficient for the “existential” risks they perceive.
  • Elon Musk (xAI) and Sam Altman (OpenAI) supported calls for a slowdown, aligning with Dario Amodei, CEO of Anthropic, who urged caution in a recent essay.

Verbatim Quotes

  • “AI needs guardrails. That is not the dispute and never has been. The dispute is over who writes them, who gets to participate and whose interests the rules are protecting,” — Aidan Gomez
  • “Whoever wins AI wins, and we can put guardrails, we can do this and that, but I think you have a lot of negative forces that are bringing it up that shouldn't be bringing it up and they're bringing up things that won't happen,” — Donald Trump
  • “They are racing straight to self-improving superintelligence and gambling with our lives,” — Jacob Coxon

What’s Next

Industry leaders seek a timeline to establish the self-regulatory body, but the upcoming midterm elections are expected to delay legislative action. Analysts note that without congressional consensus, the proposed standards are unlikely to be adopted before the next election cycle.