The Daily Money: Experts warn that AI could cause human extinction

Scientists and tech industry leaders on Tuesday issued a new warning that AI could one day cause human extinction.

Advertisement Read in browser Read in browser The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW Tue May 30 2023 Bailey Schulz | Money Reporter @bailey_schulz Happy Tuesday, Daily Money readers. Hope you all were able to enjoy a relaxing three-day weekend. Let's hop back into the workweek by breaking down the latest in artificial intelligence news. Scientists and tech industry leaders on Tuesday issued a new warning that AI could one day cause human extinction. "Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war," said the statement signed by hundreds of leaders in the space, including Sam Altman, CEO of ChatGPT maker OpenAI, and Geoffrey Hinton, a computer scientist known as the godfather of artificial intelligence. Meanwhile, more companies are starting to turn to AI as a way to improve their offerings.  Adobe has started to add AI tools to photo editing software Photoshop. And Nvidia, a chipmaker that makes graphics processing units that help power generative AI platforms, has seen its stock price soar as more companies look to expand their AI offerings. Jensen Huang, CEO of NVIDIA Crop., speaks during a press conference at the Computex 2023 in Taipei on May 30, 2023. (Photo by Sam Yeh / AFP) Sam Yeh, AFP via Getty Images State Farm will no longer insure new homes in California  State Farm says it will no longer provide home insurance to new California customers, citing an increase in construction costs and wildfire risks. State Farm said it will continue working with the California Department of Insurance and lawmakers to build up market capacity in the state but said it's "necessary to take these actions now to improve the company's financial strength."  The largest fire in California last year, the Mosquito Fire, covered over 100 square miles and put over 9,200 structures at risk. The fire destroyed more than 70 structures.  📰 More stories you shouldn't miss 📰 Chrysler promises contemporary, edgy design for first fully electric vehicle In national mortgage war, is United Wholesale Mortgage's Mat Ishbia a genius or 'bully'? You may have money coming to you. Where to look for unclaimed accounts that belongs to you. 'I really thought I wasn't going to make it back': Carnival cruise ship rocked by weather 🚨 Recall Alert 🚨 The U.S. National Highway Traffic Safety Administration issued multiple recalls last week, including more than 175,000 Ford Broncos for seat belt issues and more than 89,000 Jeep Cherokees for steering column concerns. About The Daily Money Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you. How AI propelled chipmaker Nvidia to the trillion dollar club Nvidia has seen its stock price soar in recent months as more companies look to expand their AI offerings. READ MORE Advertisement Photoshop is getting AI. Will your photos get better? I want a tech tool that can make my iPhone photos look like a pro shot and edited them. Firefly's AI is not there yet. Here's what it can do. READ MORE State Farm will no longer insure new homes in California because of wildfire risks State Farm will no longer provide home insurance to new California customers because of wildfire risks and an increase in construction costs. READ MORE Chrysler reveals why brand's first EV won't use historic name Chrysler plans to launch its first electric vehicle in 2025, but the brand's CEO is looking beyond the Airflow Concept. READ MORE In mortgage war, is United Wholesale Mortgage chief a genius or 'bully'? 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READ MORE Rare New York City mansion listed at $80M: See Benjamin Duke house Mexico's wealthiest person listed one of New York City's most historic private homes for $80 million. READ MORE Advertisement Sign up for the news you want Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. SEE ALL NEWSLETTERS ➔ SEE ALL NEWSLETTERS ➔ Newsletters   |    eNewspaper   |   Crosswords Follow Us Problem viewing email? View in browser Unsubscribe  •   Manage Newsletters  •  Terms of Service  •   Privacy Policy/Your California Privacy Rights  •  Privacy Notice  •   Do Not Sell My Info/Cookie Policy  •  Feedback