Close Menu
    Latest Posts

    Inflation Continues to Challenge U.S. Economy

    November 10, 2026

    Corporate America is making a trillion-dollar mistake about retirement

    November 10, 2026

    Anthropic officially sets the stage for an IPO valuing the company north of $1 trillion

    November 10, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Inflation Continues to Challenge U.S. Economy
    • Corporate America is making a trillion-dollar mistake about retirement
    • Anthropic officially sets the stage for an IPO valuing the company north of $1 trillion
    • 2027 will be an ‘inflection year’ as R2, autonomy ramp up
    • Cash, Debt, and Corporate Investment
    • Goldman Sachs, Citi among banks said to commit $270 million to stablecoin venture
    • Should a widow leave her late partner’s home to her stepkids — or cut off contact with them?
    • AI financing remains strong despite market jitters
    Facebook X (Twitter) Instagram
    MoneyLister – Smart Investing & Financial NewsMoneyLister – Smart Investing & Financial News
    Wednesday, November 11
    • Home
    • Banking
    • Business
    • Crypto
    • Economy
    • Fintech
    • Investing
    • Markets
    • Stocks
    MoneyLister – Smart Investing & Financial NewsMoneyLister – Smart Investing & Financial News
    Home»Crypto»China says AI CEOs’ call for a slowdown is ‘fear mongering’
    Crypto

    China says AI CEOs’ call for a slowdown is ‘fear mongering’

    AdminBy AdminSeptember 14, 2026No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    China says AI CEOs' call for a slowdown is 'fear mongering'
    Share
    Facebook Twitter Pinterest Email Copy Link

    BEIJING — China on Monday pushed back on calls by U.S. AI executives for companies to slow down the development of the cutting-edge technology.

    “Fear mongering, confrontation, competition will just disrupt [the] process of global AI governance,” Guo Jiakun, a spokesperson for China’s Foreign Ministry, said on Monday, per an English translation published by Reuters.

    He was responding to a question about U.S. CEOs, including Anthropic’s Dario Amodei, OpenAI’s Sam Altman and Elon Musk, calling for the industry to slow down because of the dangers rapid advances in the technology pose.

    China’s Minister of State Security, Chen Yixin, published an article on Sunday calling for the acceleration of construction of an AI security risk prevention and control system.

    The field of AI has become “the main battleground for global technological competition and a new arena for strategic rivalry among major powers,” the minister said, adding there was a need for “healthy and orderly” development of the technology.

    Closing the AI gap

    AI-related stocks slumped on Monday, with SoftBank — one of the biggest investors in OpenAI — down 10% in Japan.

    “Not building the technology deprives humanity of benefits or simply places AI in the hands of authoritarian powers, while building it too fast is reckless,” Amodei said in an essay published on Saturday.

    He noted, however, that pacing would be limited by the lead that U.S. companies have over “authoritarian regimes, chiefly the Chinese Communist Party.”

    “If we slow down by more than this amount, then (unpaced) CCP-associated projects will pull ahead, creating significant national security risk,” Amodei said.

    U.S. President Donald Trump also warned against the U.S. losing any strategic advantage in the AI arms race. During a trip to Ireland, he rejected the AI bosses’ calls, saying, “Look, we’re leading China in AI… and, frankly I want to keep it that way because whoever wins AI, wins.”

    At the weekend, President Xi Jinping said at the BRICS bloc summit in New Delhi that China will take the lead to help foster AI collaboration and development among developing countries.

    Adoption of Chinese AI models is also gaining traction among Western companies as the capability have improved.

    Helen Toner, executive director of the Georgetown Center for Security and Emerging Technology and former OpenAI board member, told “Squawk Box” Monday: “The best estimates tend to say China’s very best models are something like six to nine months behind the very best U.S. models.”

    “If that means that we slow down and they just rip past us because they’re pretty close behind — that’s a problem,” said Toner.

    “It’s actually not clear how much of their advancements are sort of fast following. Where if the U.S. frontier slows, perhaps China also slows somewhat.”

    Call CEOs China fear mongering slowdown
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Admin
    • Website

    Related Posts

    Crypto

    Goldman Sachs, Citi among banks said to commit $270 million to stablecoin venture

    November 10, 2026
    Business

    China rejects spy plot allegations targeting Nvidia CEO Jensen Huang

    November 9, 2026
    Crypto

    Weight-Loss Drugs May Help Sleep Apnea and Arthritis

    November 9, 2026
    Crypto

    Brazilian stocks jump, Bolsonaro now heavy favorite to win presidency

    October 5, 2026
    Crypto

    Claude AI Predicts an Astonishing Finish to the Year for XRP

    October 4, 2026
    Crypto

    Bankers sue to overturn OCC trust-bank rule used by crypto firms

    October 3, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Inflation Continues to Challenge U.S. Economy

    November 10, 2026

    Corporate America is making a trillion-dollar mistake about retirement

    November 10, 2026

    Anthropic officially sets the stage for an IPO valuing the company north of $1 trillion

    November 10, 2026

    2027 will be an ‘inflection year’ as R2, autonomy ramp up

    November 10, 2026
    Latest Posts

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About Us

    Welcome to MoneyLister.com — your trusted source for reliable insights in the world of finance, investing, and digital assets.

    At MoneyLister, our mission is simple: to make complex financial topics easy to understand and accessible to everyone. Whether you're a beginner exploring cryptocurrency, an investor tracking the stock market, or a professional staying updated on global business trends, we provide clear, informative, and up-to-date content to help you stay ahead.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Inflation Continues to Challenge U.S. Economy

    November 10, 2026

    Corporate America is making a trillion-dollar mistake about retirement

    November 10, 2026

    Anthropic officially sets the stage for an IPO valuing the company north of $1 trillion

    November 10, 2026
    Recent Posts
    • Inflation Continues to Challenge U.S. Economy
    • Corporate America is making a trillion-dollar mistake about retirement
    • Anthropic officially sets the stage for an IPO valuing the company north of $1 trillion
    • 2027 will be an ‘inflection year’ as R2, autonomy ramp up
    • Cash, Debt, and Corporate Investment
    © 2026 moneylister. Designed by Pro.
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions
    • Disclaimer

    Type above and press Enter to search. Press Esc to cancel.