Superintelligence
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Meta Stock Plunges 11% on AI Spending Concerns, Worst Day in 3 Years
Meta Platforms’ stock plummeted despite a strong earnings report, triggered by investor apprehension over escalating AI spending. The company revised its 2025 capital expenditure forecast upwards to $70-72 billion, signaling an intensified pursuit of advanced AI technologies. CEO Zuckerberg defended the aggressive investment, emphasizing early returns and Meta’s ambition to build capacity for “superintelligence.” The increased spending reflects a broader industry trend, with Alphabet and Microsoft also increasing their capital expenditure projections. Meta invested heavily in AI startup Scale AI, and secured new cloud computing agreements. A $15.93 billion tax charge also impacted earnings.
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AI Leaders and Hundreds More Call for Superintelligence Halt
Over 850 experts, including AI pioneers and tech leaders, signed a statement urging a pause on “superintelligence” development, citing societal risks like economic disruption and even human extinction. They advocate for public consensus and scientific proof of safety before proceeding. The debate reveals a growing divide between AI proponents and those demanding regulation, reflecting concerns over control, alignment, and potential unintended consequences of AI surpassing human intellect. Even figures leading AI companies have expressed anxieties about the perils of superintelligence. A survey indicates public support for cautious, regulated AI development.
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High Likelihood of AI Correction
Former Meta executive Nick Clegg suggests the AI sector may be headed for a market correction due to “unbelievable, crazy valuations” and the rapid pace of investment. He questions whether current valuations accurately reflect the underlying potential, highlighting the need for hyperscalers to realize returns on massive infrastructure investments. While acknowledging AI’s potential, Clegg expresses skepticism about “artificial superintelligence,” advocating for a more measured approach and noting that the adoption of AI may be slower than technologists predict.
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The Age of Superintelligence Has Dawned
Sam Altman of OpenAI believes humanity has entered the irreversible era of artificial superintelligence. He predicts rapid advancements, including cognitive agents by next year and AI generating discoveries by 2026. This accelerated progress is fueled by self-improving AI that aids research, leading to vast economic and technological shifts. Altman emphasizes the critical need to solve the “alignment problem” to ensure these systems align with human values, as AI development proceeds at an exponential pace towards a future where superintelligence is ubiquitous.
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“Humbled and Fortunate: Pioneering the Path to Superintelligence”
Sam Altman recounts OpenAI’s evolution from its experimental 2015 origins to leading AI innovation with ChatGPT’s explosive growth (300M+ weekly users). Emphasizing AGI development’s urgency, he acknowledges governance challenges during rapid scale-up, including his 2023 leadership crisis. Balancing speed and precision, OpenAI prioritizes iterative deployment over perfection while tackling safety research proactively. With AGI within reach, Altman shifts focus to superintelligence’s transformative potential and systemic risks, striving to reshape technical frontiers responsibly amid escalating industry competition and existential decision-making.