The Promise and Peril of the AI Revolution: Managing Risk

It is the premise of so many science fiction movies: technology surpasses human intelligence, wreaks havoc and ultimately takes over humankind. While that movie has not yet happened in real life, the recent release of ChatGPT felt like the opening credits–and that is just one of many generative artificial intelligence (AI) tools.

Now high-profile tech leaders such as Apple co-founder Steve Wozniak and Tesla chief executive officer (CEO) Elon Musk are among those asking companies to hold back on “giant AI experiments” while the industry conducts a risk assessment. Their open letter states that large-scale AI projects “can pose profound risks to society and humanity” without oversight and intelligent management and asked for a temporary pause on further development.