AI Giants' Warnings: A $30B Sales Pitch?

3d ago·0:00 listen·Source: The New Republic

Summary

AI companies are warning about major risks while also raising significant capital. Anthropic, for instance, recently outlined potential threats like AI building new models without human involvement. One co-founder predicts that by 2028, an AI system could be instructed to make a better version of itself and do so autonomously. What's interesting is that these warnings often come from the same companies seeking massive investments. Anthropic, which issued an essay on existential risks from AI, raised $30 billion in new funding shortly after, bringing its valuation to $380 billion. They are now looking to raise tens of billions more, aiming for a $1 trillion valuation. OpenAI, maker of ChatGPT, also sounds alarms while allowing employees to sell shares worth billions. The bottom line is that the companies building AI are also the ones warning about its dangers, creating a complex and potentially contradictory situation for everyone involved.

Read the full article on The New Republic

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