Is the AI boom leading to AI doom? Technology giants are spending hundreds of billions of dollars as they careen towards creating Artificial Intelligence (AI), but critics warn that computing power of such a level could lead to our demise CAPITAL EXPENDITURE ($bn, quarterly) 2020 2021 2022 2023 2024 2025 100 75 50 25 0 Ironically, almost 100,000 workers at these companies have been laid-off – replaced by AI Meta Google Microsoft Amazon Amazon, Google, Meta and Microsoft are set to spend nearly $400bn on capital expenditure in 2025 – largely to build AI infrastructure Mark Zuckerberg says ASI is “now in sight” STAGES OF AI Narrow AI (NAI): Current model – AI in infancy and adept only at handling specific tasks like crunching data in spreadsheets or writing clear prose Artificial General Intelligence (AGI): Next stage and point at which AI becomes as smart as humans – able to solve problems that require judgment and reasoning Artificial Super Intelligence (ASI): Will be reached shortly after AGI – supposed utopia where AI will be able to do tasks we cannot, such as curing cancer Naysayers, like Nobel prize- winning physicist Geoffrey Hinton, believe truly super- intelligent AI could regard humanity as competitor and simply wipe us out He and others argue, why would AI obey us if it is more intelligent than us? CHANCE OF AI ENDING HUMANITY 0 20 30 40 50 60 70 80 90 100 Nate Soares, president Machine Intelligence Research Institute 95% Sundar Pichai, Google and Alphabet CEO 10% Sources: Wall Street Journal, Times Pictures: Getty Images © GRAPHIC NEWS