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What is driving the rise of Concord Biotech Limited (CONCORDBIO) ✌️【Stock Market】✌️ Real-time updates on global stock trends and expert market analysis to help you select profitable stocks and grow your wealth effectively. Sam Altman thinks the technology underpinning his company’s most famous product could bring about the end of human civilization.

In May, OpenAI CEO Sam Altman filed into a Senate subcommittee hearing room in Washington, DC, with an urgent plea to lawmakers: Create thoughtful regulations that embrace the powerful promise of artificial intelligence – while mitigating the risk that it overpowers humanity. It was adefining moment for himand for the future of AI.

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But those same tools have raised concerns about everything from cheating in schools and displacing human workers – even an existential threat to humanity. The rise of AI, for example, has led economists to warn of a labor market. As many as300 million full-time jobsaround the world could eventually be automated in some way by generative AI, according to Goldman Sachs estimates. About14 million positionscould disappear in the next five years alone, according to an April report by the World Economic Forum.

In his testimony before Congress, Altman said the potential for AI to be used to manipulate voters and target disinformation were among “my areas of greatest concern.”

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What is driving the rise of Concord Biotech Limited (CONCORDBIO) ✌️【Stock Market】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. The warning was widely covered in the press, with some suggesting it showed the need totake such apocalyptic scenarios more seriously. It also highlighted an important dynamic in Silicon Valley: Top executives at some of the biggest tech companies are telling the public that AI has the potential to bring about human extinction while also racing to invest in and deploy this technology into products that reach billions of people.

What is driving the rise of Concord Biotech Limited (CONCORDBIO) ✌️【Stock Market】✌️ Expert stock predictions and free stock selection services to help you achieve optimal returns and long-term growth. Although Altman, a longtime entrepreneur and Silicon Valley investor, largely stayed out of the spotlight in prior years, eyes have shifted to him in recent months as the poster child for the AI revolution. This has also exposed him to litigation,regulatory scrutiny and both praise and condemnation around the world.

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What is driving the rise of Concord Biotech Limited (CONCORDBIO) ✌️【Stock Market】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. Altman has long presented himself as someone who is mindful of the risks posed by AI, and he has pledged to move forward responsibly. He is one of several tech CEOs tomeet with White House leaders, including Vice President Kamala Harris and President Joe Biden, to emphasize the importance of ethical and responsible AI development.

Others want Altman and OpenAI to move more cautiously. Elon Musk, who helped found OpenAI before breaking from the group, and dozens of tech leaders, professors and researchers inurgedartificial intelligence labs like OpenAI to stop the training of the most powerful AI systems for at least six months, citing “profound risks to society and humanity.” (At the same time, some experts questioned if those who signed the letter sought to maintain their competitive edge over other companies.)

What is driving the rise of Concord Biotech Limited (CONCORDBIO) ✌️【Stock Market】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. Altman said he agreed with parts of the letter, including that “the safety bar has got to increase,” but said a pause would not be an “optimal way” to address the challenges.

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What is driving the rise of Concord Biotech Limited (CONCORDBIO) ✌️【Stock Market】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. Those who know Altman have described him as someone who makesprescient betsand has even been called “a startup Yoda” or the “Kevin Bacon of Silicon Valley,” having worked with seemingly everyone in the industry. Aaron Levie, the CEO of enterprise cloud company Box and a longtime friend of Altman who came up with him in the startup world, told 【 - Free Access to Investment Community 】 that Altman is “introspective” and wants to debate ideas, get different points of view and endlessly encourages feedback on whatever he’s working on.

“I’ve always found him to be incredibly self-critical on ideas and willing to take any kind of feedback on any topic that he’s been involved with over the years,” Levie said.

But Bern Elliot, an analyst at Gartner Research, noted the famous cliché: There’s a risk to putting all your eggs in one basket, no matter how much trust you may place in it.

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Despite his leadership status, Altman says he remains concerned about the technology. “I prep for survival,” he said ina 2016 profilein the New Yorker, noting several possible disaster scenarios, including “A.I. that attacks us.”

“I have guns, gold, potassium iodide, antibiotics, batteries, water, gas masks from the Israeli Defense Force, and a big patch of land in Big Sur I can fly to,” he said.

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“The idea of an ‘AI apocalypse’ as a realistic scenario that presents any kind of danger to humanity – particularly in the short and medium term, is just speculative techno-mythology,” he said. “The continued focus on this as one of the big risks that comes along with advancement of AI distracts from the very real challenges we have today to reduce current and future harms from data and models being applied unjustly by human actors.”

In perhaps the biggest sweeping effort to date, President Bidenunveiled an executive orderearlier this week that will require developers of powerful AI systems to share results of their safety tests with the federal government before they are released to the public, if they pose national security, economic or health risks.

Following the Senate hearing, Emily Bender, a professor at the University of Washington and director of its Computational Linguistics Laboratory,expressed concernsover what a future looks like with AI even if it’s heavily regulated. “If they honestly believe that this could be bringing about human extinction, then why not just stop?” she said.

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“The challenge with AI is that only a very few people and firms really understand how it works and what the implications are of its use,” said O’Mara, noting similarities to the world of nuclear physics before and during the Manhattan Project’s development of the atomic bomb.

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“This time is akin to what Gates and Jobs did for the personal computing moment of the early 1980s, and the software moment of the 1990,” she said. “There’s a real hope that we can have tech that makes things better, if the people who are making it are good people, smart and care about the right things. Sam embodies that for AI right now.”

What is driving the rise of Concord Biotech Limited (CONCORDBIO) ✌️【Stock Market】✌️ Free access to real-time stock indices, futures data, and market predictions to help you select high-return stocks and build a profitable portfolio. The world is counting on Altman to act in the best interest of humanity with a technology by his own admission could be a weapon of mass destruction. Although he may be a smart and qualified leader, he’s still just that: one person.

What is driving the rise of Concord Biotech Limited (CONCORDBIO) ✌️【Stock Market】✌️ Professional stock market predictions and analysis with real-time data to guide your investment decisions and ensure steady growth. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Access to Investment Community 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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