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Market Chatter: SoftBank's Masayoshi Son Warns on AI Safety Risks

MT Newswires Live
Yesterday

SoftBank Group's (TYO:9984) Chief Executive Masayoshi Son warned that artificial superintelligence could become "super dangerous" in the wrong hands, urging global collaboration on AI governance, Bloomberg News reported Sunday, citing a forum in Kyoto.

Son's warning follows recent AI security breaches and contrasts with his financial backing of the sector, which includes nearly $65 billion invested in OpenAI, the report said.

Despite the warnings, Son reiterated his forecast that AI will account for at least 20% of global GDP by 2040, generating roughly $46 trillion in economic output.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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