Andrew Ng, a co-founder of Google Brain, has alleged that major technology corporations are deceiving the public regarding the existential threats posed by AI in an effort to stifle competition and push for more stringent regulations. Ng contends that these tech giants are attempting to discourage open-source initiatives from competing by instilling fear in people about AI's potential to endanger humanity.

He asserts that this strategy is being used as a lobbying tool to support legislation that could be harmful to the open-source AI community. In May, well-known figures in the field of AI and CEOs, such as Sam Altman, Demis Hassabis, and Dario Amodei, endorsed a statement that drew parallels between AI risks and the risks associated with nuclear warfare and pandemics.

Why does this matter?

Many AI experts have been calling for rapid regulatory measures in response to the rapid advancement of powerful AI models. Governments around the world are contemplating AI regulations due to concerns about safety, employment ramifications, and the potential for human extinction. Ng underscores the need for the thoughtful development of AI regulations that do not hinder innovation.