Calls to slow AI development rattle markets: SoftBank falls 13.2%, SK Hynix 5.3%
mark_k · x · 2026-09-14
Reuters reports Asian AI-linked stocks slumped after leading AI CEOs—including Sam Altman backing Anthropic's Dario Amodei—advocated a slowdown. In early trading, SoftBank tumbled as much as 13.2%, Kioxia plunged 9.8%, SK Hynix fell 5.3%, Samsung Electronics lost 3.7%, and TSMC slipped 1.2%.
The poster is deeply skeptical of deliberate deceleration, arguing it risks delaying useful breakthroughs and undermining infrastructure investment—and that the selloff is an early warning that braking AI carries a real economic cost, regardless of the safety framing.
Related event: AI Executives Call to Slow Development, AI Stocks Plunge Worldwide(7 posts)→
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