Call for Slowing AI Development from AI Companies and Its Potential Impacts

Serdar HocamAuthor & Editor

The joint call by leading AI figures to slow down the pace of development could negatively affect chip manufacturers and suppliers in the cybersecurity sector.

◉ 0 views
Anthropic, OpenAI, and xAI Want to Slow Down Artificial Intelligence (AI) Development. These 2 Stocks Could Be the Biggest Losers. | The Motley Fool

While the founders of Anthropic, OpenAI, and xAI argue that AI development should be slowed down due to safety concerns, the potential impacts of this situation on key industry suppliers AMD and CrowdStrike are being evaluated.

Call to Slow Down AI Development

Anthropic founder and CEO Dario Amodei stated that the pace of development of artificial intelligence technologies should be slowed down due to cybersecurity incidents and self-referential development concerns.

Sam Altman from OpenAI and Elon Musk from xAI supported this view, displaying a rare joint stance.

Potential Risks for Suppliers

Slowing down the projects and growth pace of leading AI developers could directly reduce the sales revenues of suppliers providing technology and services to this field.

Among the companies that could be most affected by this potential wave of slowdown in the sector are hardware manufacturers and cybersecurity providers.

The Situation of Advanced Micro Devices

AMD has launched its MI450 series graphics processing units and Helios data center systems, with OpenAI and Anthropic among the early adopters of these products.

In the event of a slowdown in artificial intelligence work, chip demand is expected to decrease, which could negatively impact the growth of the company's data center revenues.

Impacts on CrowdStrike

CrowdStrike protects organizations from artificial intelligence threats with security solutions such as its AI-based Falcon platform and AIDR modules.

A slowdown in artificial intelligence development activities could also pose a significant risk for this cybersecurity company, which has a high price-to-sales ratio.