Business Rundown: Is Big Tech Calling For AI Regulation to Crush Competition?

Safety concerns vs. global dominance: AI executives want to slow down development, but President Trump warns the U.S. must stay ahead of China. Meanwhile, chip stocks are taking a hit. Is Big Tech’s massive boom in trouble? FOX Business Network Contributor Jonathan Hoenig joins FBN’s Taylor Riggs to discuss concerns over AI and why he thinks there’s an ulterior motive behind AI companies suddenly wanting to hit the brakes on the technology. Hoenig also previews the week ahead for Wall Street, including the lingering high price of energy and this week’s Federal Reserve meeting. Learn more about your ad choices. Visit podcastchoices.com/adchoices