Should your business be afraid of AI?

Published 2 Min Read

Tara Winstead from Pexels

On Tuesday, nonprofit organization Center for AI Safety published an open letter warning readers that the “risk of extinction from AI” should be a “global priority alongside other societal-scale risks such as pandemics and nuclear war,” and demanded action.

The letter, which has the support of leading tech innovators — including those who are largely responsible for today’s greatest artificial-intelligence advancements — follows a similar call for oversight from the Future of Life Institute, which in March urged developers to “pause giant AI experiments.” Still, the AI market is expected to grow 37.3% annually between 2023 and 2030, according to market analysis and consulting services company GrandViewResearch. Will any perceived threat grow, too?

Read: How small businesses can leverage AI

Artificial intelligence is often seen as an innovation embraced by big companies with deep pockets. But not only do small businesses have access to the same tech-driven opportunities, they may also have more of an incentive to utilize these tools. 

Paola Peralta
Associate Editor

Paola Peralta is an Associate Editor at Employee Benefit News and has been with the team for five years. She is a proud UCF journalism graduate who got her start through a Dow Jones News Fund … Read full bio


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