CNBC reported on September 14 that AI stocks sank while cybersecurity shares rallied on slowdown fears. The move followed a September 12 essay from Anthropic CEO Dario Amodei urging AI companies to slow the pace at which they improve their most advanced models, and comments from Sam Altman that the industry wants to slow down, "we could lose control."
The market reaction is a useful signal of how investors price the slowdown debate: a credible pause is bad for the companies selling more compute and capabilities, and good for those selling protection. Nvidia CEO Jensen Huang pushed back publicly, telling President Trump "we're not going to let an AI slowdown happen."
Source: CNBC