The segment examines the global AI safety debate as President Trump dismisses industry slowdown calls as a conspiracy and China labels warnings fearmongering. Toby Walsh, a professor of AI at UNSW, discusses Australia's need for an AI early-warning system, serious cyber and bio risks, and the case for independent oversight. He argues middle powers such as Canada, Australia, Europe and Japan can together set global AI norms. The discussion is largely regulatory and social, not a source of specific security or asset trade recommendations.