Cathie Wood backs AI slowdown but calls extinction fears 'ridiculous'
ARK Invest founder endorses industry's safety pledge while dismissing researcher warnings of human extinction risk.
What to know
- Cathie Wood endorsed the AI industry's safety slowdown pledge while dismissing extinction warnings as 'ridiculous,' arguing scrutiny could actually increase AI demand.
- Anthropic CEO Dario Amodei called for 'pacing the frontier' after researcher posts claiming >10% chance AI kills humanity within a decade went viral (150M+ views).
- AI stocks fell sharply globally (Nvidia -3.4%, Philadelphia Semiconductor Index -5.9%) as investors reacted to extinction warnings; market odds on U.S. AI safety law remain low at 19% before 2027.
- Trump dismissed extinction warnings as a hoax and vowed to block new AI regulation; Senate leaders are discussing a 'duty of care' framework despite White House opposition.
“Having been in the tech and telecom bubble, which ended in a bust, I'm happy that the leaders of the industry are advertising the risks associated with this new technology. Half of the solution is understanding the problem.”
Cathie Wood, ARK Invest founder · Yahoo Finance ↗ · Sep 14
Cathie Wood ARK Invest founder
Dario Amodei Anthropic CEO
Sam Altman OpenAI CEO
Donald Trump U.S. PresidentEvan Hubinger Anthropic safety researcherJacob Coxon Anthropic researcher (resigned)
How it unfolded 1 development · click the chart to see its coverage articlesposts
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“That's ridiculous. Yet, it gives us a great opportunity to focus the world on cybersecurity in this space.”
— Cathie Wood -
first by Yahoo Finance, 12d ago · also Quartz
2 more headlines
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Get the most important and interesting news from the global economy delivered to your inbox. https:// qz.com/cathie-wood-ai-slowdown -pledge-extinction-warnings-091526?utm_source=flipboard&utm_medium=activitypub Posted into Business News @ business-news-quartz
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Senate leaders discuss 'duty of care' AI regulation framework — Senate leaders including John Thune (R-SC), Ted Cruz (R-TX) and Amy Klobuchar (D-MN) are discussing a 'duty of care' regime for frontier AI developers that could require the Commerce Department to demand proof of safety precautions and test models through government auditors.
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Trump dismisses extinction warnings as hoax; vows no new AI regulation — President Donald Trump called warnings that AI could destroy humanity 'a HOAX' and part of broader 'HOAXES and SCAMS,' arguing that China would not slow its own AI development and AI 'will not be stopped' during his presidency.
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AI stocks fall globally on extinction warnings and slowdown call — AI-linked stocks fell across Asia, Europe, and U.S. premarket trading on Monday as investors weighed the implications. On Tuesday, Asian markets extended their slide, with chip and AI-related shares continuing to face headwinds. Nvidia fell 3.4%, while the Philadelphia Semiconductor Index dropped 5.9%.
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Dario Amodei calls for AI slowdown; Altman and Musk back the proposal — Anthropic CEO Dario Amodei published an essay calling on AI companies to slow the pace of capabilities development, described as 'pacing the frontier.' OpenAI CEO Sam Altman and Elon Musk both backed the call on X over the weekend, though Altman clarified that pacing 'does not mean stopping.'
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Jacob Coxon, Anthropic researcher who resigned, posts about extinction risks — Jacob Coxon, a researcher who resigned from Anthropic, wrote publicly that the people building AI 'earnestly believe that it could kill us all by the end of the decade,' a post that drew more than 150 million views on X.
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Anthropic researcher Evan Hubinger posts extinction estimate on X — Anthropic safety researcher Evan Hubinger wrote on X that he believes there is a greater than 10% chance AI will 'kill all humans' within the next decade.