TREE NEWS update: US President Donald Trump on Truth Social reaffirmed his support for AI companies, saying “they are gold” and that only “stupid leaders” would say no to the wealth they generate. The post followed a stock market selloff driven by fears of stricter regulation of the technology, which wiped out $2.3 trillion in market value.
Trump Says Only ‘Stupid’ Leaders Would Say No to AI
The signal here is political, not technological: a sitting president using social media to defend AI companies during a regulation-driven selloff reframes the debate from risk oversight to national competitiveness. That framing matters most for AI-adjacent equities and for regulators weighing stricter rules, since it raises the political cost of tightening. Whether rhetoric alone can steady sentiment after a selloff of this scale is the open question — a post is not a policy, and the market's reaction to actual regulatory decisions will be the real test.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.