$Meta Platforms(META.US)

Context: Meta CEO Mark Zuckerberg has pushed back on the ongoing AI slowdown narrative. Rather, he said AI developers should rely on independent safety evaluators to test their models. Zuckerberg's comments came three days after Anthropic CEO Dario Amodei called on AI companies to slow the pace of model development. Amodei's comments followed warnings from several researchers about the potential risks of advanced AI. OpenAI CEO Sam Altman and xAI CEO Elon Musk also backed Amodei's call within hours. Zuckerberg said AI companies should focus on building trust and keeping their models aligned with users as AI capabilities continue to improve. "There is a lot of debate about slowing progress on capabilities until alignment catches up. My view is that trust and alignment are quickly becoming the most important capabilities that will differentiate agents and models," he added. He cited Meta's decision to delay the launch of its Muse AI agent earlier this year to improve its security.

My Trade: Already trimmed some of my position previously, now just holding out and waiting for it to drop back to 600 and below to buy back.

Takeaway: This whole 'slowdown of AI' situation just seemed like Good Cop Bad Cop to me. The potential dangers of rapid AI development are real; but at the same time these AI leaders still have profit maximising as their main goal. It feels like some are taking the responsibility to acknowledge the widespread concern while others assert assurance afterwards. Regardless of their stance, this is the new era and we have to all stay diligent. @Captain's Treasure