Key takeaways
- Future of Life Institute backed by Elon Musk, Apple co-founder Steve Wozniak and DeepMind engineers has called for an immediate pause on developing advanced AIs
- OpenAI founder Sam Altman and Microsoft founder Bill Gates have both warned about AI advancements, but companies have been rewarded with stock price bumps
- No legal or regulatory framework for AI exists as of yet
Could the AI wars come to a crashing halt? Yes, if Elon Musk gets his way. The billionaire, other tech leaders and AI engineers have published an open letter calling for an immediate six-month pause in progressing AI tech, so regulation can come in.
OpenAI and Bill Gates have warned on the risks of AI, so everyone’s singing from the same hymn sheet, but the Future of Life Institute has taken things a step further. The question is – will Big Tech pay attention? Let’s look at what the letter said, whether AI risks going off the rails and what it means for investors.
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