European Tech Stocks Hit Six Week Low as Calls for AI Slowdown Worry Investors – Business Live European tech stocks plummeted to six week lows after leading figures in the field called for a coordinated slowdown and safeguards in artificial intelligence development.
The calls, led by Anthropic CEO Dario Amodei and echoed by Elon Musk and Sam Altman, have sent shockwaves through financial markets.
The concerns driving this call to action are centered on the potential risks of uncontrolled AI growth, including catastrophic failure and damage to the internet worth hundreds of billions of dollars.