Fri 30 Oct 2026
FTSE 100 10,765.29 +0.70%Microsoft 530.14 +1.74%NVIDIA 213.66 +0.68%Apple 348.91 +0.20%Google 282.32 -11.98%S&P 500 7,720.39 +0.74%Nasdaq 26,184.73 +0.68%Dow 52,342.56 -0.99%Russell 2000 2,859.22 +2.70%US 10Y Treasury 4.99% +0.02%Euro Stoxx 50 6,160.81 +0.73%DAX 25,909.68 +2.89%AEX-Index 1,140.75 +0.67%Nikkei 225 63,290.11 +1.77%Hang Seng 23,294.42 +0.87%Gold $3,986.10 -1.30%Silver $50.49 -6.70%Brent Crude Oil $113.57 -1.93%Natural Gas $2.89 +11.22%Copper $6.53 +0.34%GBP/USD 1.3428 +0.37%GBP/EUR 1.1989 +0.54%GBP/AUD 1.9087 +0.30%Bitcoin (USD) $77,672 -2.92%Ethereum (USD) $2,245 -3.25%FTSE 100 10,765.29 +0.70%Microsoft 530.14 +1.74%NVIDIA 213.66 +0.68%Apple 348.91 +0.20%Google 282.32 -11.98%S&P 500 7,720.39 +0.74%Nasdaq 26,184.73 +0.68%Dow 52,342.56 -0.99%Russell 2000 2,859.22 +2.70%US 10Y Treasury 4.99% +0.02%Euro Stoxx 50 6,160.81 +0.73%DAX 25,909.68 +2.89%AEX-Index 1,140.75 +0.67%Nikkei 225 63,290.11 +1.77%Hang Seng 23,294.42 +0.87%Gold $3,986.10 -1.30%Silver $50.49 -6.70%Brent Crude Oil $113.57 -1.93%Natural Gas $2.89 +11.22%Copper $6.53 +0.34%GBP/USD 1.3428 +0.37%GBP/EUR 1.1989 +0.54%GBP/AUD 1.9087 +0.30%Bitcoin (USD) $77,672 -2.92%Ethereum (USD) $2,245 -3.25%
Markets
Advertisement
Follow News in 60 on Facebook
UK Weather
London 14°C SunnyBirmingham 13°C CloudyManchester 13°C Partly CloudyNewcastle 13°C OvercastBristol 14°C Partly CloudyPembroke 14°C OvercastEdinburgh 12°C OvercastBelfast 14°C CloudyInverness 12°C SunnyPenzance 14°C OvercastHolyhead 14°C Partly CloudyNorwich 15°C Sunny
More Info

Trump Dismisses AI Regulation as a Conspiracy

Advertisement
Follow News in 60 on Facebook

Former President Donald Trump has labelled calls for increased oversight of artificial intelligence as a ‘SICK conspiracy’ aimed at undermining the U.S. in the global AI race. He argues that current regulations are sufficient and warns that excessive control could benefit China. This stance reflects a broader tension in the tech industry, where leaders like Anthropic’s Dario Amodei advocate for a slowdown in AI development to establish necessary safety measures.

The implications of Trump’s comments extend beyond rhetoric; they signal a potential shift in U.S. policy towards AI. If the government adopts a hands-off approach, it could accelerate AI advancements without adequate safeguards, raising concerns about ethical use and security. This could lead to a competitive disadvantage for the U.S. if other nations implement stricter regulations.

Moreover, the tech market is already reacting to these developments. Following warnings from AI executives about the risks of unchecked AI growth, stocks in AI-related sectors have seen significant declines. Companies like Nvidia and AMD have experienced sharp drops, indicating that investor confidence is shaken by the uncertainty surrounding AI’s future.

As the debate continues, the balance between innovation and regulation will be crucial. The outcome could reshape not only the AI landscape but also the broader economy, affecting everything from job markets to national security. The ongoing discourse highlights the need for a thoughtful approach to AI governance that considers both technological advancement and public safety.

Source: Al Jazeera

Read more Money news →

News Category: Money Tags: ai, regulation, stocks, technology, trump

Leave a comment

Your email address will not be published. Required fields are marked *