| Top AI execs agree the tech has a problem... |
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Thank you for being here, friend. The Golden Girls debuted on this day in 1985. Some Monday motivation: The show’s matriarch, Sophia, was only supposed to be an occasional presence. But the audience for the pilot episode became enamored of Estelle Getty’s portrayal, and she got promoted to a starring role. Literally main character energy. —Holly Van Leuven, Brendan Cosgrove, Neal Freyman In today’s newsletter, we’ll get into: - Dario Amodei taking his AI fears public
- Champagne becoming more alcoholic
- Céline Dion’s return to full concerts
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| - Markets: Last week, the markets demonstrated that a short week isn’t always a good one, as rising oil prices and inflation data brought stocks down. This week, investors are eager to hear from Fed Chair Kevin “Never Let Them Know Your Next Move” Warsh (more on that later).
- Stock spotlight: Dave & Buster’s shareholders haven’t had much fun this year, with the stock down more than 52% YTD, but new CEO Darin Harper will be looking to restart the party on today’s earnings call.
| Markets Sponsored by Northwestern Mutual Hit reset this fall: A simple plan to reclaim control of your money. Seven smart moves to make before year-end. |
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BRAKE TIME? Amodei called for AI development to slow down  Anthropic CEO Dario Amodei. Chance Yeh/Getty Images | This weekend, lawmakers from both parties were united by one of the most powerful forces in American life—and that was after a council voted unanimously to rename Nashville’s airport for Dolly Parton. Their concern? AI is kinda ungluedAnthropic CEO Dario Amodei published an essay on his personal website on Saturday titled “We Must Pace the Frontier.” According to the tech founder: - AI has grown “drastically faster” this summer.
- The OpenAI-Hugging Face hack is spooky because the AI agents involved became a “fanatically devoted collective” that sacrificed themselves “for the success of the group,” and attempted to keep human engineers from finding out what they did.
- Ergo, “in 6–12 months such a swarm could be capable of taking over the entire internet,” which would potentially cause “hundreds of billions of dollars in damage” and, you know, could topple civilization.
Among his other ideas, Amodei called on all AI companies to implement embedded evaluators with “desks in our offices, access badges, and company laptops,” similar to what large banks have, to make sure everyone is indeed slowing the pace of progress. He announced that Anthropic has committed to this step “in the near future.” Legislators from both parties and the leaders of many AI companies spoke in support of Amodei’s ideas. Here’s a smattering of responses: - OpenAI CEO Sam Altman, xAI CEO Elon Musk, Google DeepMind Chair Demis Hassabis, and other AI execs publicly supported Amodei.
- Nvidia CEO Jensen Huang probably went
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