<p>Former President Barack Obama has warned about the potential dangers of artificial intelligence, while Washington Examiner columnist Joe Concha expressed skepticism that concerns over AI will hinder its development.</p>
<p>“The old saying is, ‘the greatest motivator out there is fear,’” Concha stated on Fox Business’s Varney and Co. on Monday. He noted that a leading Democratic midterm campaign has adopted the slogan ‘AI could kill us all.’</p>
<p>Some AI technology leaders have voiced concerns regarding the trajectory of artificial intelligence. OpenAI CEO Sam Altman remarked, “We could lose control of the future to AI. This is unacceptable; we are unapologetically on Team Humanity, and AI must always serve people. To ensure that, we need ways to ensure that alignment and safety techniques stay ahead of progress in model capabilities.”</p>
<p>Concha mentioned that Senator Bernie Sanders (I-VT) has introduced a bill titled “The Ban Artificial Superintelligence Act,” which seeks to expedite the signing of provisions aimed at regulating AI.</p>
<p>The proposed bill would prohibit the development of artificial superintelligence that could match or exceed human cognitive abilities or undermine the U.S. government, according to the text of the legislation.</p>
<p>Concha challenged the commitment of Democrats to regulating AI, saying, “I want to see Barack Obama’s portfolio; I want to see Bernie Sanders’s portfolio, for that matter. Because I can guarantee you that more than a few Democrats are probably invested in this type of AI stocks.”</p>
<p>He also projected that the AI industry will reach a value of $3 trillion by 2032, with the U.S. expected to lead in market value, according to Statista.</p>
<p>“Until I see people actually scale back and not make money off of AI, the way they have over the past several years, then I’m not going to be buying anything that anybody is saying because there’s just too much money to be made,” Concha added. “And when there’s money to be made, people aren’t going to suddenly start regulating themselves.”</p>