INTELLIGENT THREATS?:
Several industry leaders called for a more measured and careful development of AI models over widespread concerns of misuse and harm
Stocks related to artificial intelligence (AI) fell sharply yesterday after the CEOs of the US companies developing the most advanced AI models warned the pace of development must slow to prevent threats to humanity.Anthropic PBC CEO Dario Amodei, in a lengthy essay shared on social media on Saturday, called on AI companies to slow the rate at which they advance model capabilities amid mounting fears of AI misuse. OpenAI CEO Sam Altman and Elon Musk, who runs xAI, said that they agree with Amodei.In Japan, shares in ChatGPT maker OpenAI’s investor Softbank Group Corp tumbled as much as 13.2 percent, and memory maker Kioxia Holdings Corp plunged 9.8 percent initially, while chip supply chain company Tokyo Electron Ltd fell 3.7 percent.
A man looks at a mobile device showing the movement of the TAIEX at a brokerage in Taipei on Thursday last week.
In Taipei, Taiwan Semiconductor Manufacturing Co (台積電) slipped 1.2 percent, while in South Korea SK Hynix Inc slid 5.3 percent and Samsung Electronics Co fell 3.7 percent.“Selling pressure is likely to hit AI and semiconductor-related stocks in Tokyo following a series of weekend comments calling for a slowdown in the pace of AI development,” Sony Financial Group Inc senior economist Takayuki Miyajima said in a note. “Additionally, uncertainty surrounding the situation in the Middle East continues to weigh on sentiment.”
