Cathie Wood Supports AI Slowdown Initiative Amid Safety Concerns
Cathie Wood, founder of Ark Investment Management, supports efforts by leading AI companies to slow the development pace of advanced capabilities. Speaking in Sydney, she dismissed warnings from researchers that artificial intelligence could lead to human extinction within this decade as 'ridiculous.' Instead, she emphasized the importance of addressing cybersecurity and safety concerns associated with emerging technologies. Wood's comments come amid growing calls for caution in AI advancement led by Anthropic CEO Dario Amodei. His proposal includes embedding independent evaluators into frontier labs, setting shared benchmarks, and coordinating international efforts to manage growth rates responsibly. OpenAI’s Sam Altman and Elon Musk have also endorsed the initiative. The push follows recent high-profile resignations at major AI firms and public warnings from researchers that sparked regulatory interest among lawmakers globally.
Topics: Artificial Intelligence Cybersecurity Investment Strategy