GoKawiilTrump Blasts AI Slowdown Calls as 'Hoax,' Microsoft Drafts AI Guardrails
President Trump used social media posts to reject growing concerns about AI expansion and data centers, dismissing them as a 'hoax' and 'scam' while crediting AI investment for America's tech lead. Separately, Microsoft released a draft code of conduct that would impose limits on future AI models, following calls from Anthropic and OpenAI for a slower pace of AI development. Meanwhile, Bank of America CEO Brian Moynihan warned that investment banking fees could drop more than 10% in the third quarter after a strong prior quarter.
GoKawiil's interpretation of the reporting above, not reported fact.
Trump's comments signal continued political resistance to regulating AI growth even as some of the industry's own leading firms push for caution, highlighting a widening gap between government rhetoric and industry self-regulation. Microsoft's move to draft AI guardrails suggests major tech companies are quietly preparing for stricter oversight regardless of political pressure. Moynihan's fee warning also points to cooling deal activity that could ripple through Wall Street's broader earnings outlook.
- Trump dismissed AI slowdown concerns as a 'hoax,' defending rapid AI and data center expansion.
- Microsoft proposed a code of conduct to restrict future AI models, diverging from Trump's stance.
- Bank of America warned investment banking fees may fall over 10% in Q3 versus last year.
Source: cnbc.com — Alex Harring, 2026-09-15
Published there as: “Trump calls AI fears a 'hoax', Treasury yields surge, Moynihan's warning and more in Morning Squawk”
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