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AI warnings from tech CEOs are a "wake-up call," financial expert says

Bill Cohen, author of "Money to Burn," reacts to new warnings from major tech CEOs about AI and calls to slow the pace of development. "I'd take this warning very seriously," he told CBS News 24/7.

Financial expert Bill Cohen has expressed concern over warnings from major tech CEOs about the risks of artificial intelligence. He told CBS News that he takes these warnings seriously.

The warnings were made by executives of leading AI companies, including Anthropic CEO Dario Amodei, OpenAI CEO Sam Altman, and xAI CEO Elon Musk. They called for a slowdown in the development of AI models due to associated risks.

Global markets reacted to the warnings, with AI-linked stocks falling sharply. Chipmakers and other companies linked to the AI boom were affected, including Nvidia, Advanced Micro Devices, Meta, and Amazon.

Brief written by urgent.news from CBS News, Nairametrics — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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