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Will an AI backlash hamper its boom?
Description
The people building the world’s most powerful AI systems are starting to warn that development may be moving too fast.
Some want a slowdown and stronger safeguards. Others, including Donald Trump, are dismissing those warnings as a “hoax” that could hand China an advantage.
But underneath the safety debate is a huge economic story too - billions in investment, rising debt and enormous expectations riding on the AI boom.
Carrington Clarke and ABC Business Correspondent David Taylor unpack what’s driving the pushback, what it could mean for Australia, and why the US 10-year Treasury yield breaking above 5 per cent is another sign that global markets are feeling the pressure on ABC Business Daily.
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