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Fortune
Fortune
Yerbol Orynbayev

We need a Department of AI, or we risk pushing the U.S. economy over the brink

Fears surrounding AI are hitting a fever pitch. Rogue agents are running rampant, and even the industry’s top figures – Amodei, Altman, and Musk – are leading calls for a slowdown in development. With public and investor trust on a precipice, the administration has signaled it’s ready to step in with an AI czar to keep an eye on things. But I worry it won’t be enough.

The next “Hugging Face” could be the final push that spurs a mass investor withdrawal from the very companies propping up the US economy. In my view, the government must get ahead of that curve by establishing a full-fledged Department of AI, rather than leaving it to a single individual. Frankly, the country’s economy could depend on it.

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