Cathie Wood calls AI extinction warnings ridiculous at a Sydney briefing

Cathie Wood praised the AI industry for talking openly about its own risks and dismissed the specific risk it has been talking about, in the same set of remarks to reporters in Sydney.

The ARK Invest founder said she was “happy that the leaders of the industry are advertising the risks associated with this new technology”.

Asked about the researchers who say the technology could kill everyone, she said:

“That’s ridiculous.”

Reuters reported the briefing on Tuesday, and the pledge Wood was asked about is the one Dario Amodei opened on 12 September, when he said the industry must slow down the rate at which capabilities improve, and which Sam Altman matched the same day.

Elon Musk added his support. Wood called the result positive for the development of the technology.

Her firm is unusually exposed to the three of them. ARK holds Tesla and SpaceX, Altman’s OpenAI and...

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