Donald Trump dismissed fears of an AI fueled social collapse on September 14, 2026, calling the warnings a “HOAX” and labeling himself the “Hoax Buster.” The president also argued on Truth Social that the only guardrail artificial intelligence needs is a “High IQ” president. Trump’s comments arrived as the technology industry faced a fresh credibility crisis. He questioned why AI executives would request regulation that could damage their own companies, while comparing skepticism about artificial intelligence to what he called the “Global Warming Scam.” Why Is Everyone Suddenly Panicking About AI? The latest alarm began on September 8, when AI safety researcher Jacob Coxon resigned from Anthropic after three years working at Anthropic and OpenAI. Coxon accused both companies of racing toward self improving superintelligence and wrote on X that the people developing AI believe it could kill humanity by the end of the decade. Anthropic CEO Dario Amodei later published an essay acknowledging several of Coxon’s concerns and urging the industry to limit AI capabilities. The fallout sent AI stocks sharply lower and pushed politicians to answer tougher questions about whether algorithms could eventually improve themselves, make decisions independently, and affect the world without direct human input.