Word: AI

Axios - Elon Musk, an early board member of OpenAI (who says he named the organization), told CNBC's David Faber yesterday: "The advent of artificial general intelligence is called a singularity because it is so hard to predict what will happen."

• "There's a strong probability that it will make life much better and that we’ll have an age of abundance," Musk continued.
• "And there's some chance that it goes wrong and destroys humanity. Hopefully that chance is small. But it's not zero."

OpenAI CEO Sam Altman, in his first appearance at a congressional hearing, today urged lawmakers to regulate the technology he is pioneering and confessed: "My worst fear is we cause significant harm to the world," Altman, 38, told the Senate Judiciary subcommittee on privacy, technology and the law.