JD Vance: ‘We want to make sure the United States does things smartly, but we stay ahead of the curve’
By Jack McGeever, Daily Caller News Foundation
Tech stocks fell Monday after some of the most prominent executives behind the artificial intelligence (AI) boom warned that the technology was advancing too quickly.
Nvidia fell roughly 3% in early trading Monday, while Intel dropped more than 5%, as investors weighed what a slowdown in AI development could mean for demand for the chips and infrastructure powering the technology. The declines followed a rare show of agreement among Big Tech executives Saturday that there needed to be a slowdown in AI development over safety concerns, including from SpaceX CEO Elon Musk, Open AI CEO Sam Altman and Anthropic CEO Dario Amodei.