Changpeng Zhao (CZ), former Binance CEO, has highlighted fundamental contradictions in artificial intelligence development, noting stakeholders race to build advanced AI despite openly acknowledging its potential existential risks. He characterized the global AI competition as a ‘tech arms race,’ warning that unchecked acceleration without proper safeguards poses significant societal dangers.
CZ advocates shifting focus toward responsible AI innovation, emphasizing ethics and safety over competitive speed. He pointed to the paradox where entities seek to develop the most powerful AI first to allegedly prevent others from creating hazardous systems, a strategy he considers flawed. Additionally, he extended his guidance to cryptocurrency entrepreneurs, stressing that prioritizing product quality and substance over marketing-driven design is critical for sustainable industry growth across both blockchain and AI fields.