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Calls to slow AI benefit US sector leaders, says French finance minister - Finance news and analysis from Global Banking & Finance Review
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Calls to slow AI benefit US sector leaders, says French finance minister

Published by Global Banking & Finance Review

Posted on September 16, 2026

2 min read

· Last updated: September 16, 2026

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French Finance Minister: Slowing AI Aids US Leaders, France Must Act Fast

French Finance Minister Urges Acceleration of AI Development in Europe

Concerns Over Calls to Slow AI Progress

PARIS, Sept 16 (Reuters) - Calls to slow down the development of AI serve the interests of U.S. leaders in the sector, French Finance Minister Roland Lescure said on Wednesday, adding that France and Europe must accelerate AI usage so that they can control the risks.

"I can clearly see that the calls to slow down are now coming from those at the top of the class ... Making everyone behind them slow down so they can stay in first place, I can clearly see their self-interest," Lescure told Reuters.

France and Europe’s Path to AI Leadership

"I want us to step up our efforts in France and across Europe, to become a leader and to be able to manage the risks," Lescure added when asked about the discussion around AI safety on the sidelines of an event organised in Paris by French startup lobby, France Digitale.

Global Debate Intensifies Over AI Risks

The debate around AI risks accelerated last week, with Anthropic CEO Dario Amodei calling for a slowdown in development of the technology, citing several risks including losing control of AI systems.

Meanwhile, the CEO of rival OpenAI, Sam Altman, said he agreed with the need to pace AI development.

Warnings from Industry Leaders

Their statements added to the debate prompted by Anthropic researchers who said last week that rapidly progressing AI could lead to the extinction of the human race in the near future.

Lescure’s Perspective on AI and Collective Responsibility

"I am always wary of definitive statements," said Lescure when asked about the risks to humanity from AI, adding: "Definitive statements can sometimes in the end serve as a way to escape collective responsibility".

Managing AI Risks in Key Sectors

However, he identified risks due to AI implementation in the cyber sector and in education, saying France and Europe had to be aware of them in order to manage them. 

Reporting Credits

(Reporting by Florence Loeve, Writing by Florence Loève and Dominique Vidalon, Editing by Alex Richardson and Alexander Smith)

Key Takeaways

  • Lescure accused AI slowdown calls of being self‑serving by U.S. industry leaders seeking to maintain dominance.
  • He stressed that France and Europe must ramp up AI usage to lead and effectively oversee the associated risks.
  • His remarks coincided with mounting debate after Dario Amodei (Anthropic) and Sam Altman expressed support for slowing AI development amid existential risk concerns.

Frequently Asked Questions

Why does the French Finance Minister oppose slowing down AI development?
Roland Lescure believes calls to slow AI benefit leading US companies and wants France and Europe to accelerate AI efforts and manage risks themselves.
Who benefits from calls to slow AI development?
According to the French Finance Minister, current US sector leaders benefit from slowing AI, as it helps them maintain their leading positions.
What risks are associated with accelerating AI development?
The article mentions potential risks such as losing control of AI systems, extinction-level threats, and sector-specific issues in cybersecurity and education.
What is France's stance on AI development according to the article?
France supports accelerating AI adoption to become a leader in the sector and to better manage risks, rather than slowing development.
What prompted the recent debate on AI risks?
The debate intensified after statements from Anthropic and OpenAI CEOs about the need to slow AI due to potential risks, including those raised by Anthropic researchers.

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