AI's most powerful CEOs hit the brakes

In nine startling hours on Saturday, the four biggest AI labs — which rarely agree on anything — set aside years of feuds and competition to endorse a slower development pace for their models.

Their new stance: Prioritize safety over growth , even at a cost.

The big picture: AI's unrelenting growth has hit an inflection point with the public, Washington and even the companies building it.

Data centers are unpopular .

People are panicked about doom scenarios .

And 51 days before midterms, legislators suddenly realize there are points to be won by cracking down.

Against that backdrop , the industry's most powerful CEOs hit the brakes Saturday.

At 10 a.m.

ET, Anthropic CEO Dario Amodei dropped a 3,800-word essay saying model development needs to be paced , otherwise doom scenarios are possible — like a rogue-agent takeover of the entire internet, which he said could be as soon as six months from now.

An hour later, SpaceX CEO Elon Musk shocked the AI chattering class by quoting Amodei's essay on X and saying "Dario is right." Musk — who heads SpaceXAI, formerly xAI — had pointedly not joined previous industry-wide calls for any kind of slowdown.

At 12:30 p.m., OpenAI CEO Sam Altman tweeted: "I agree with Dario that we need to pace the frontier." In an interview Friday that was released on Saturday, Altman told Fortune his company won't go public this year, dashing hopes for a blockbuster IPO.

He said OpenAI has too much safety work to do and would be better off doing that as a private company.

At 7 p.m., Demis Hassabis — the Nobel laureate who co-founded and chairs Google DeepMind, and is Alphabet's chief scientist — tweeted : "Dario's essay points towards the right path forward.

The details need working through, but the direction is correct for meeting this critical moment." Between the lines: Publicly putting safety ahead of technological or financial growth may be the industry's only route to avoid a crackdown that's not on its terms.