Nvidia CEO Jensen Huang criticized Anthropic CEO Dario Amodei's proposal for AI companies to coordinate a deliberate slowdown in model development, arguing that existing laws and regulations are sufficient and that safety is an engineering problem companies can solve independently without antitrust exemptions.
At Salesforce's Dreamforce conference, Anthropic CEO Dario Amodei advocated slowing AI model development to ensure safety, gaining support from executives including Sam Altman and Elon Musk. Nvidia CEO Jensen Huang countered that speed and safety are not mutually exclusive and that market forces and developer responsibility, rather than regulation, should guide AI development.
Stock futures declined Tuesday as the 10-year Treasury yield surged above 5% for the first time since 2007, amid expectations of a Federal Reserve rate hike this week and concerns about U.S.-Iran tensions fueling inflation. Rising Treasury yields and oil prices, coupled with a selloff in AI stocks following safety concerns, pressured equity markets globally.