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Why I Changed My Mind About AI Risk

Francis Fukuyama · 21 Sept 2026

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  1. I have become much more skeptical of the accelerationist narrative, and more open to some of the doomer scenarios. On the whole, this makes me think that regulation and a negotiated slowdown in the development of the technology is increasingly necessary.
  2. The fundamental reason I don’t believe these extreme accelerationist claims is their overvaluation of intelligence as an input to economic growth, and their disregard for the material and political constraints that will keep growth within recognizable bounds.
  3. This lost labor simply cannot be compensated for by transferring money from the AI winners to the AI losers, in the form of, for example, universal basic income. A job and income mean much more than support for the material basis of life.
  4. In my view, the chief danger lies not in superintelligence per se, but rather in the growing use of increasingly capable agentic AI.
  5. These speculations are misplaced, however: an AI does not need either consciousness or autonomous intentionality to become dangerous.
  6. Still, the doomer scenarios involving human extinction seem at this point very far-fetched.

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