Cathie Wood Backs AI Slowdown, Calls Extinction Fears ‘Ridiculous’
ARK Invest founder Cathie Wood supports the AI industry's push to slow advances for safety measures, but dismisses warnings that AI could wipe out humanity as “ridiculous.” She anticipates former President Trump will block new federal AI safety rules, with prediction markets currently giving a U.S. AI safety law only a 19% chance of enactment before 2027. Wood argues that safety concerns could paradoxically increase demand for AI models, as companies may need advanced models to find and repair software vulnerabilities.
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