Some of the biggest names in technology want to pump the brakes on artificial intelligence. CBS's Natalie Brand reports from Washington, where President Trump has brushed off concerns and Congress has not agreed to support any proposals for AI guardrails.

President Donald Trump said on ​Monday that the U.S. already has ‌already has guardrails in place to regulate and prosecute AI companies, ​appearing to play down concerns ​expressed by industry leader...

Trump wrote, "The only control or "guardrails" that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that, in spades!"

One faces collapsing revenue and accounting restatements; the other is burning cash at a staggering pace despite triple-digit growth.

China has criticised the boss of the American artificial intelligence company Anthropic for saying China’s proficiency in AI would create national security risks for the United States. After calls for AI development to slow down,

Four rival AI leaders are in agreement: the industry needs to “pace the frontier.”

Anthropic CEO Dario Amodei in a lengthy essay published on Saturday warned that a “Chinese lead in AI would pose grave danger for the United States and the world.”