There's Every Reason to Slow AI Development. but Here's Why it Probably Won't Happen.
The risks of disaster are real. But who wants to give up those massive stock valuations?The titans of the booming artificial-intelligence industry have sounded a three-alarm fire, warning that AI poses an existential risk to the human race and urging a global slowdown in the breakneck pace of development.Dario Amodei, the head of $965 billion giant Anthropic and developer of the Claude AI chatbot, warned of the risks over the weekend in an extensive post on his company's website. Sam Altman, the CEO of $852 billion rival OpenAI, which owns Chat GPT, agreed. So too did Elon Musk, whose SpaceX empire is investing hundreds of billions of dollars in its Grok AI venture.Some people may wonder why it took them so long to reach this point. Science-fiction writers had worked out decades ago that once super computers could think for themselves, they might no longer need us - and might no longer be our friends.What will happen when Skynet becomes self-aware?Most of these stocks rely on AI devel