CNBC Daily Open: Is AI safe? Industry leaders and Trump disagree
AI tech giants are discussing safety issues and potentially slowing development due to concerns about AI's risks, while Donald Trump opposes such measures, arguing a strong president is sufficient and that slowing AI benefits China. The article also briefly notes rising financial costs of the Middle East conflict and an attack on a Saudi oil pipeline.
Why it matters
The debate over AI safety and regulation has significant implications for technological development, national security, and global economic competition, particularly between the US and China. The Middle East conflict's financial and energy impacts also have broad geopolitical and economic consequences.
Hello, this is Justina Lee writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.
A social media frenzy about AI having the ability to "kill all humans" has brought U.S. AI tech giants together to discuss safety issues and the prospect of slowing down the progress of model developments. However, U.S. President Donald Trump was not happy about the AI discussion, saying that "The only control or 'guardrails' that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that, in spades!"
Meanwhile, the financial costs of the Middle East conflict continues to rise, with the U.S. nonpartisan Congressional Budget Office estimating another $2-3 billion being spent for each additional month of fighting.
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