CNBC Daily Open: Is AI safe? Industry leaders and Trump disagree
OpenAI, Anthropic and Google unite for AI safety talks after warnings that the technology could pose an existential risk to humanity.
TL;DR
- Major AI companies, including OpenAI, Anthropic, and Google, are holding discussions on AI safety.
- These collaborations follow warnings about AI's potential existential risks.
- Former President Trump opposes efforts to slow AI development, citing geopolitical advantages for China.
- Saudi Arabia's critical East-West crude oil pipeline was temporarily closed due to Iran-backed attacks.
- Experts have differing opinions on the duration of the pipeline's repair.
- The financial cost of the Middle East conflict, specifically a potential war with Iran, is estimated to be substantial.
- U.S. equity futures showed little change before a Federal Reserve interest rate decision, with major indices closing lower on Tuesday.
- Asia-Pacific markets largely ended Tuesday in negative territory.