Washington DC - President Donald Trump on Monday doubled down on his dismissal of growing fears that artificial intelligence could wipe out humanity.

In a Truth Social post, the president argued that regulations on AI would drive industry leaders to "oblivion and bankruptcy," and argued that claims the technology is taking over the world and destroying humanity are a "hoax."

"No different from RUSSIA, RUSSIA, RUSSIA... and all of the other HOAXES and SCAMS that America was forced to endure through the Destructionists' and Deviants' foul play and illegal conduct," he wrote.

Trump went on to claim Google is building a data center in Finland because "they are finding permitting too difficult" in the US, and argued the US needs to keep pushing forward with AI to compete with China, which he says is doing "absolutely nothing to stand in the way."

Donald Trump Trump admin. agrees to crypto bill provision ahead of key Senate vote

"I am not happy about this," he wrote, adding, "AI, and Data Centers, will be the Greatest Economic Development Engine in History ­­- Bigger than Oil, Gold, Diamonds, or even the Internet."

The president's comments came after Anthropic chief executive Dario Amodei raised concerns over the weekend about how AI has been "advancing drastically" in recent months, and advised the industry to slow down.

There have also been growing concerns among Americans about the construction of data centers in low-income communities across the country, fears the president has sought to dismiss as he has cozied up to tech industry leaders in his second term.

Earlier on Monday, Trump told reporters that "negative forces" were "bringing up things that won't happen" regarding AI.