Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Top AI CEOs, experts raise ‘risk of extinction’ from AI
    Top Stories

    Top AI CEOs, experts raise ‘risk of extinction’ from AI

    Published by Uma Rajagopal

    Posted on May 31, 2023

    3 min read

    Last updated: February 1, 2026

    Top AI CEOs and experts, including Sam Altman, emphasize the risk of extinction from AI in a letter urging global safety measures. This image reflects the urgent call for AI regulation.
    AI executives including Sam Altman discuss extinction risks from AI - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:innovationArtificial Intelligencerisk managementfinancial servicestechnology

    Quick Summary

    STOCKHOLM/LONDON (Reuters) – Top artificial intelligence (AI) executives including OpenAI CEO Sam Altman on Tuesday joined experts and professors in raising the “risk of extinction from AI”, which they urged policymakers to equate at par with risks posed by pandemics and nuclear war.

    STOCKHOLM/LONDON (Reuters) – Top artificial intelligence (AI) executives including OpenAI CEO Sam Altman on Tuesday joined experts and professors in raising the “risk of extinction from AI”, which they urged policymakers to equate at par with risks posed by pandemics and nuclear war.

    “Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war,” more than 350 signatories wrote in a letter published by the nonprofit Center for AI Safety (CAIS).

    As well as Altman, they included the CEOs of AI firms DeepMind and Anthropic, and executives from Microsoft and Google.

    Also among them were Geoffrey Hinton and Yoshua Bengio – two of the three so-called “godfathers of AI” who received the 2018 Turing Award for their work on deep learning – and professors from institutions ranging from Harvard to China’s Tsinghua University.

    A statement from CAIS singled out Meta, where the third godfather of AI, Yann LeCun, works, for not signing the letter.

    “We asked many Meta employees to sign,” said CAIS director Dan Hendrycks. Meta did not immediately respond to requests for comment.

    The letter coincided with the U.S.-EU Trade and Technology Council meeting in Sweden where politicians are expected to talk about regulating AI.

    Elon Musk and a group of AI experts and industry executives were the first ones to cite potential risks to society in April.

    “We’ve extended an invitation (to Musk), and hopefully he’ll sign it this week,” Hendrycks said.

    Recent developments in AI have created tools supporters say can be used in applications from medical diagnostics to writing legal briefs, but this has sparked fears the technology could lead to privacy violations, power misinformation campaigns, and lead to issues with “smart machines” thinking for themselves.

    The warning comes two months after the nonprofit Future of Life Institute (FLI) issued a similar open letter, signed by Musk and hundreds more, demanding an urgent pause in advanced AI research, citing risks to humanity.

    “Our letter mainstreamed pausing, this mainstreams exctinction,” said FLI president Max Tegmark, who also signed the more recent letter. “Now a constructive open conversation can finally start.”

    AI pioneer Hinton earlier told Reuters that AI could pose a “more urgent” threat to humanity than climate change.

    Last week OpenAI CEO Sam Altman referred to EU AI – the first efforts to create a regulation for AI – as over-regulation and threatened to leave Europe. He reversed his stance within days after criticism from politicians.

    Altman has become the face of AI after his ChatGPT chatbot stormed the world. European Commission President Ursula von der Leyen will meet Altman on Thursday, and EU industry chief Thierry Breton will meet him in San Francisco next month.

    (Reporting by Supantha Mukherjee in Stockholm; additional reporting by Foo Yun Chee in Brussels and Martin Coulter in London; Editing by Jan Harvey and Mark Potter)

    Frequently Asked Questions about Top AI CEOs, experts raise ‘risk of extinction’ from AI

    1What is Artificial Intelligence?

    Artificial Intelligence (AI) refers to the simulation of human intelligence in machines programmed to think and learn. It encompasses various technologies, including machine learning and natural language processing.

    2What is risk management?

    Risk management is the process of identifying, assessing, and controlling threats to an organization's capital and earnings. It involves analyzing potential risks and implementing strategies to mitigate them.

    3What is a pandemic?

    A pandemic is an outbreak of a disease that occurs on a global scale, affecting a large number of people. It often spreads easily from person to person across countries and continents.

    4What is a Turing Award?

    The Turing Award is an annual award given by the Association for Computing Machinery (ACM) to individuals for their contributions of lasting importance to computing. It is often regarded as the 'Nobel Prize of Computing.'

    5What is deep learning?

    Deep learning is a subset of machine learning that uses neural networks with many layers (deep networks) to analyze various factors of data. It is particularly effective in image and speech recognition.

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostPrivate astronaut crew, including first Arab woman in orbit, returns from space station
    Next Top Stories PostMexico’s FEMSA launches second 3 billion euro sale of Heineken shares