⚠️ AI Risk Claims Face Investor Skepticism

Sam Altman and Dario Amodei told the UN Security Council that AI could be “a risk to humanity as a whole” and warned that we could “lose control of the future to AI.” Ten days earlier, Michael Burry called the message self-serving hype.

🖱️ LLMs are not AI and will not become AGI, so there is nothing to slow down.

🖱️ Competition is arriving quickly, which could reduce the benefits for incumbents.

🖱️ IPO candidates need hype. Saying “we are so awesome it could become dangerous” fits that pattern.

🖱️ The warnings may also provide cover for slowing growth if planned IPOs are pushed out.

✔️ @venture