Odaily reported that tech investor Jason said in a post on X that AI stocks would fall more than 10% in early trading on Monday, arguing that Anthropic CEO Dario Amodei’s essay had effectively broken the AI trade. The essay, titled We Must Pace the Frontier, called for restraint around frontier AI and quickly triggered discussion across the sector. Within hours, SpaceX CEO Elon Musk backed the message on X, writing that 「Dario is right」.
Early market signals were already negative. According to the report, related assets on HyperliquidX fell after the slowdown narrative spread, with OpenAI and Anthropic down 7% and 2.8%, respectively. Social media posts from market watchers and investors also warned that the development could hit AI-linked names such as NVIDIA, Broadcom, and AMD when U.S. equities reopen on Monday. At the same time, executives at Google DeepMind and Meta had not publicly commented on the weekend debate. The report also noted a deeper split inside the industry, with critics arguing that existential-risk rhetoric from leading AI companies may serve their own interests by raising compliance costs for smaller rivals.
Odaily reported that well-known tech investor Jason said in a post on X that 「AI stocks will fall more than 10% at Monday’s open」. He also wrote that Amodei’s essay had 「blown up the AI trade」.
The post at the center of the debate came from Anthropic CEO Dario Amodei, who earlier published an essay titled We Must Pace the Frontier.
Hours after the essay was published, SpaceX CEO Elon Musk weighed in on X, writing: 「Dario is right」.
Early market indicators turned lower
Early market indicators showed that related assets on HyperliquidX fell after the 「AI slowdown」 message began circulating. OpenAI and Anthropic were down 7% and 2.8%, respectively.
Several market watchers and investors also posted warnings on social media, saying the development could deal a notable blow to AI-linked stocks such as NVIDIA, Broadcom, and AMD when trading resumes Monday.
The industry remains split over frontier AI
As of now, executives at Google DeepMind and Meta have not publicly commented on the weekend discussion.
The report said the internal divide in the industry is also hard to ignore. Critics argue that leading AI companies may have self-interested reasons for stressing existential risk, because costly safety and compliance frameworks could keep smaller competitors out and reinforce the position of incumbent giants.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
