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Trump Pushes Back on Unchecked AI Development

By Drooid · · How we work

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Story summary
  • U.S. President Donald Trump opposes AI executives over unchecked artificial-intelligence development.
  • ING estimates AI and data-center tech investments represent one-third of 2026 U.S. economic growth.
  • Fitch Ratings U.S. head Olu Sonola warned an AI slowdown could cause stagnation or contraction for at least a year.
  • Fitch scenario projected U.S. stock prices could drop about 35% in six months, triggering a 1.5% GDP contraction next year.