Artificial Intelligence: CEOs Fear AI’s Threat To Humanity (Yale CEO Survey)
A survey of CEOs by Yale found a divergence in views on AI.
A survey conducted at the Yale CEO Summit reveals that 42% of CEOs are concerned that artificial intelligence (AI) could destroy humanity in the next five to 10 years.
However, the survey, which gathered responses from 119 CEOs across different industries, indicated a variation of views on the risks and opportunities associated with AI. (Mint)
While 34% of CEOs believe that AI could be destructive within a decade, and 8% foresee it happening within five years, 58% of CEOs are not worried and believe such a scenario is unlikely.
However, 42% of CEOs consider concerns about AI’s catastrophic potential to be exaggerated. In contrast, 58% believe these concerns are valid. Notably, several industry leaders, academics, and public figures have recently signed a statement highlighting the risks of an “extinction” event due to AI development, calling for proactive measures to mitigate the dangers.
The transformative impact of AI is generally agreed upon, with healthcare, professional services/IT, and media/digital industries expected to experience significant changes.
Moreover, the Yale survey identified five distinct groups among business leaders, including those who embrace AI without fully considering the consequences, optimistic believers, and profiteers who exploit AI without fully understanding the risks.
There are two opposing camps – alarmist activists and global governance advocates – contributing to the lack of consensus on navigating the complex AI landscape.
Related Story: Tech Luminaries Issue Letter Warning Of Extinction Risk From AI
Image by HANSUAN FABREGAS from Pixabay
Latest Alternative Investment News
Artificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes
Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while…
Digital Assets: Robinhood Debuts Crypto Trading On Its App In The EU
Robinhood (NASDAQ: HOOD) has launched its Crypto app in the European Union (EU), allowing eligible customers to engage in crypto trading with the added incentive of earning Bitcoin rewards. Customers…
FinTech: Samsung Electronics Ties With Mastercard’s Wallet Express
Samsung Electronics (KRX: 005930) and Mastercard (NYSE: MA) have partnered to launch the Wallet Express program, offering banks and card issuers a cost-effective way to expand digital wallet offerings. Through…
Venture Capital: Revaia, Europe’s Biggest Female-Led VC Firm, Racks Up $160M For Second Fund
Revaia, Europe’s largest female-founded venture capital firm, has successfully raised €150 million ($160 million) for its second fund, Revaia Growth II. The funding was secured from sovereign wealth funds, family…