Trump Calls Nvidia CEO Onstage to Dismiss AI Regulation as a 'Hoax'

President Trump publicly dismissed concerns over artificial intelligence risks on Monday, calling Nvidia (NASDAQ:NVDA) CEO Jensen Huang during a conference to voice his opposition to proposed regulations. The impromptu five-minute phone call, put on speaker for the audience, underscored a growing political divide over the governance of the rapidly advancing technology.

A Public Dismissal of AI Risks

During Huang's presentation in Los Angeles, the president labeled fears about AI dangers as a "hoax" and stated that "the robots are not going to be taking over the world," Investing.com reported. The call demonstrated the president's alignment with technology executives who argue that safety concerns are exaggerated.

Following the call, Trump reiterated his views on the social media platform X. He compared warnings about AI to what he called the "Global Warming Scam" and described those raising alarms as "Revolutionaries for a Bad and Evil Cause."

Deepening Divide on Regulation

The president's stance is in direct conflict with some prominent AI companies that have actively called for government oversight. One of the most vocal has been Anthropic, whose CEO Dario Amodei has repeatedly warned that unchecked AI development poses **"genuine catastrophic risks."

Ad

Amodei has specifically highlighted potential biosecurity threats and the hazards of autonomous systems as areas requiring robust governance. However, the source noted that some critics view such warnings as a "calculated marketing tactic" or "alarm propaganda" intended to boost a company's valuation.

Implications for the AI Sector

The public intervention highlights the increasingly politicized landscape for the artificial intelligence industry, a key focus for global investors. The debate over the necessity and scope of regulation presents a significant variable for companies across the sector.

This division pits pro-regulation firms against those advocating for a more hands-off approach, creating uncertainty for future development and deployment. On the day of the event, shares of Nvidia closed down 3.37%, according to market data cited in the report.