Summary · why it matters
Cathie Wood, founder of Ark Investment Management, endorsed the AI industry's push to slow capabilities development on Tuesday while dismissing warnings from researchers that AI could kill humans before the end of the decade. Speaking to reporters in Sydney, Wood called the lethal-risk warnings "ridiculous," adding that the scrutiny gives the world a chance to focus on cybersecurity in the space. The backdrop to her comments is Anthropic CEO Dario Amodei's essay published Saturday calling on AI companies to slow the pace of capabilities development, a plan he described as "pacing the frontier," which would embed independent evaluators inside frontier AI labs, establish shared safety benchmarks and agreed limits on how fast AI capabilities can grow, and pursue coordination between governments including China. 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.'" The calls followed a turbulent stretch for the industry: Jacob Coxon, a researcher who resigned from Anthropic last week, 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, while Anthropic safety researcher Evan Hubinger separately wrote on X that he believes there is a greater than 10% chance AI will "kill all humans" within the next decade, prompting more than 20 lawmakers to call for tougher AI regulation. AI-linked stocks fell across Asia, Europe, and U.S. premarket trading on Monday, and Asian markets extended their slide on Tuesday, while President Donald Trump pushed back Monday, asserting that existing authority was sufficient to regulate and prosecute AI companies without new legislation; Altman also told Fortune in an interview published Saturday that OpenAI would not go public in 2026, citing the safety environment.
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