Nvidia CEO Jensen Huang warned the Trump administration and other policymakers not to let "science fiction" fears about AI drive policy, arguing that overreaction could slow adoption and weaken America's competitive edge. In an interview with Axios, Huang said claims that AI will be "the end of humanity" or "destroy half of the American jobs" are "complete nonsense," and that scaring workers and companies away from using AI poses the greater danger. He called on policymakers to consult more than "one or two" CEOs and avoid restricting the technology based on scenarios that have not materialized, adding that some companies hope the government would create regulations to their advantage. Asked whether he feared the administration could overcorrect, Huang said yes. The article notes that Anthropic and OpenAI have pushed Washington to take potential risks seriously, while critics say those safety campaigns could entrench the labs' market position. Separately, Treasury Secretary Scott Bessent threatened sanctions against Chinese firms conducting "industrial-scale distillation attacks," and Office of Science and Technology Policy Director Michael Kratsios accused Chinese startup Moonshot AI of distilling Anthropic's technology to develop Kimi.