Jul 27, 2026 – 2.52pmMining billionaire Andrew Forrest says artificial intelligence poses an existential threat to the human species and urges Chinese business leaders to work with their US counterparts to regulate the technology or face extinction.Speaking at the Boao Forum in Perth on Monday, Forrest said technology companies were “big enough and ugly enough” to ensure the energy they used to power large data centres to service artificial intelligence was not taken from Australian families.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Regulate AI or be ‘naive to extinction’: Forrest
Fortescue chairman Andrew Forrest has delivered a grim warning of the potential dangers of artificial intelligence to a group of senior Chinese business figures.
TL;DRAI
Mining billionaire Andrew Forrest warns AI poses existential threat, urging US-China regulatory cooperation and scrutiny of data centre energy use. The message signals growing pressure on tech leaders to address AI governance, compliance, and infrastructure sustainability amid mounting regulatory attention.
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