Time for investors to terminate their tech stocks?

Investors are reacting to renewed concerns about AI following public warnings from industry figures about the risks of “recursive self-improvement,” a process where AI systems rewrite their own code. The article frames the discussion around fears of job displacement and national security, noting that King Charles urged industry leaders to find solutions at an AI summit. It also references U.S. President Donald Trump dismissing “AI annihilation” predictions as a hoax, while calls for regulation are reportedly weighing on major tech names, including Alphabet, owner of Google and Google DeepMind. The piece links the anxiety to higher U.S. interest rates, which could increase borrowing costs and pressure margins. It also notes Alphabet working with Anthropic and OpenAI, and reports calls for safety checks and pacing from Anthropic’s Dario Amodei.