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Hedging the AI doomsday risk

Marching on: Several major firms are progressing with various AI models despite simultaneously warning on the existential risks of the technology PIC: NEILS SAHOTA
Marching on: Several major firms are progressing with various AI models despite simultaneously warning on the existential risks of the technology PIC: NEILS SAHOTA

As far-fetched as warnings of an impending AI apocalypse may sound, even a remote risk should not be dismissed outright when human extinction is at stake. To guard against a danger of such extraordinary scale, governments and companies need to go beyond conventional risk-management strategies DAMBISA MOYO* writes

LONDON: Warnings of an AI apocalypse are reaching fever pitch. Last week, Anthropic researcher Jacob Coxon shocked the world when he publicly resigned, revealing that the “people building AI earnestly believe that it could kill us all by the end of the decade.” His remarks were swiftly reinforced by Evan Hubinger, the company’s alignment science lead, who put the probability that AI will kill all humans at more than 10%. Within days, Anthropic CEO Dario Amodei, OpenAI CEO Sam Altman, and other leading AI figures all called for slowing the pace of AI development.

Fears of an AI doomsday scenario have been mounting for some time. Geoffrey Hinton, considered “the godfather of AI,” has long maintained that losing control of superintelligent AI systems could “lead to human extinction.” More recently, Bill Gates has highlighted the threat of AI-induced economic upheaval. And Elon Musk has been calling for a pause in the AI race since at least 2023.

Editor's Comment
Borrowers need room to breathe

“Every time you borrow money, you are robbing from your future self”-Nathan.W.MorrisBank of Botswana’s latest supervision report shows loans placed on a watch list for potential repayment problems rising to P5.5 billion. These loans have not necessarily defaulted, which means there is still an opportunity to address the weaknesses. Meanwhile, loans already in arrears have reached P5.2 billion. For households, this pressure can mean...

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