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You are here: Home / Technology / Trump Worries AI Slowdown Could Trigger Crash

Just dropped · Trial Balloon · Ep. 187

Bad Instincts

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Trial Balloon · Ep. 187: Bad Instincts

Trump Worries AI Slowdown Could Trigger Crash

September 18, 2026 at 1:18 pm EDT By Taegan Goddard Leave a Comment

“President Trump made clear in the past week that he views fears that A.I. could lead to mass extinction as a ‘HOAX,’ and that he sees opponents of data centers as people who ‘want to end up being backwards and poor,'” the New York Times reports.

“People who have discussed the subject with Mr. Trump in private say his outbursts are rooted in worries that if the artificial intelligence boom fueling the American economy slows down, the market could crash and recession could quickly follow.”

“His anti-regulatory, anti-slowdown outbursts have been encouraged by a slice of Silicon Valley’s most influential voices… But inside the administration, the debate is far more complex, and there are other voices in Mr. Trump’s ear, urging caution.”

Filed Under: Technology, White House

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About Political Wire

Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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