Over the past week, AI’s own builders have sounded the alarm. Several of the industry’s leading CEOs are now publicly calling for a slower pace of AI development, citing risks from loss of control to cyberattacks to bioterrorism.
That news came days after Bank of England Governor Andrew Bailey, chairing the Financial Stability Board, told G20 finance ministers and central bankers that today’s already shaky global financial system faces a new threat in AI. With so many institutions now depending on the same handful of AI models and cloud providers, one exploited weakness can spread rapidly.
