By Jessy Bains, Editor at LinkedIn News – A group of high-profile signatories, including Tesla CEO Elon Musk and Apple co-founder Steve Wozniak, are asking companies to pump the brakes on “giant AI experiments” until there’s confidence that any risks are manageable and the effects are largely positive. A letter published by the nonprofit Future of Life Institute on Wednesday states that large-scale AI projects “can pose profound risks to society and humanity” if not properly managed. The signatories, which also include well-known AI researchers, are asking for a six-month pause on anything more powerful than GPT-4, adding that the race to develop machine learning is outpacing necessary guardrails.

The statement also calls for AI developers to work with policymakers to accelerate effective governance systems, including a new regulatory authority dedicated to AI. The Verge notes that some new names are being added to the long list as a joke, for example OpenAI CEO Sam Altman, which should be “treated with caution.”