Trump connected with Hwang In-hoon: denouncing the AI threat as a “scam” and backing the data center as “the oil of the future”

The Zhitong Finance App learned that Nvidia (NVDA.US) CEO Huang Renxun answered Donald Trump's live call during a panel discussion on Monday, allowing the US president to dismiss the danger of artificial intelligence as a “scam.”

In this call answered by Hwang In-hoon on stage at the “All-In Summit” in Los Angeles, Trump criticized the call to slow down the pace of AI development, saying it was either politically motivated or a conspiracy of other countries. Hwang In-hoon agreed with the president, saying that Trump saw through the complexity of the issue.

Trump said this boycott of AI “falls right in the hands of many people who don't want to see it happen.” These people may be politicians, or they may be from other countries.”

Despite downplaying AI risks, Hwang In-hoon praised an Anthropic PBC researcher who quit due to concerns. The CEO said the employee, Jacob Coxon, had the courage to voice his concerns. He also added that whistleblowers should be taken seriously within the organization.

However, Hwang In-hoon said that this fear created a false dualistic antagonism between rapid innovation and AI security.

In recent days, the potential danger posed by AI to humans has become a topic of intense discussion. After Coxon resigned and claimed that Anthropic and OpenAI were “gambling with our lives,” calls for curbing the pace of development grew louder and louder.

On Saturday, Anthropic CEO Dario Amodei published an article proposing to slow the pace of development, which was later endorsed by OpenAI CEO Sam Altman and SpaceX CEO Elon Musk.

On Monday, US tech stocks fell sharply due to fears that spending might slow down. Shares of Nvidia, the world's highest market capitalization company, fell 3.4%.

Nvidia's chips support the operation of artificial intelligence models, and it has always been the biggest beneficiary of large-scale AI infrastructure construction. Meanwhile, Trump has become a staunch proponent of data center construction, even in the face of growing opposition.

Trump criticized US states for refusing to issue permits to build new data centers. Such facilities can make people and states rich, he said.

“It's oil for the next 20 or 25 years,” he said. It's bigger than the internet.”