AI Leaders Call for Slowing Down AI Development Amid Doomsday Concerns

Nvidia, AMD, and Intel stocks plummeted on Monday as industry leaders called for a slowdown in AI development.

The call to slow down came from Dario Amodei, CEO of Anthropic, who published an essay titled 'We Must Pace the Frontier,' calling for a coordinated effort to slow AI development.

Amodei's proposal included using independent third-party monitors to ensure AI is being developed safely and working with democracies to set safety standards.

Rival AI company OpenAI echoed Amodei's concerns, saying it would follow suit in slowing down its own AI development.