AI risk and governance: a prominent tech entrepreneur outlines a balanced path for North America

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A prominent American entrepreneur, the head of SpaceX, Tesla, and the social platform X, has warned that artificial intelligence could threaten human existence. Speaking to PA Media at an international summit on responsible AI use hosted by the United Kingdom, the entrepreneur described AI as a potential existential risk. He noted that for the first time in human history something may become smarter than the brightest human mind, and there is lingering doubt about whether such a powerful force can be fully controlled. In his view, AI represents a double-edged blade capable of delivering enormous benefits as well as serious harm.

The speaker estimated an 80 percent probability that AI will deliver value to society and a 20 percent risk of negative outcomes. His stance blends cautious optimism with sober preparation, urging a balanced approach that pursues innovation while preparing for possible downsides. He stressed that a heavy-handed regulatory regime would not be the right path and called for the establishment of an independent mediation body. This body would work to bring together researchers, industry leaders, policymakers, and other stakeholders to craft shared guidelines for the development and deployment of artificial intelligence.

Beyond the prospects of innovation, the discussion touched on real-world consequences and legal considerations. Notably, there have been high-profile cases where AI applications use a person’s likeness without permission, underscoring the need for clear, enforceable norms around consent and intellectual property. In the broader tech landscape, market dynamics in hardware components such as semiconductors have also come under scrutiny, highlighting how the AI ecosystem depends on resilient, well‑supplied supply chains and transparent governance. The evolving dialogue underscores that advancing AI requires collaboration across borders, sectors, and disciplines to ensure safe, ethical, and beneficial use. (Bloomberg)

For audiences across North America, the conversation resonates in two ways. First, it underscores the imperative of strong but thoughtful governance that incentivizes responsible innovation. Second, it reflects a broader call for practical safeguards that protect consumers, workers, and national interests as AI technologies permeate daily life, from autonomous systems to digital assistants and analytics platforms. The discourse continues to emphasize that transparent standards, independent oversight, and inclusive dialogue are essential to navigating the opportunities and risks that artificial intelligence presents to economies and societies across Canada, the United States, and beyond. (Bloomberg)

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