A handful of tech companies are jeopardising humanity’s future through unrestrained AI development and must stop their “race to the bottom”, according to the scientist behind an influential letter calling for a pause in building powerful systems.

Max Tegmark, a professor of physics and AI researcher at the Massachusetts Institute of Technology, said the world was “witnessing a race to the bottom that must be stopped”. Tegmark organised an open letter published in April, signed by thousands of tech industry figures including Elon Musk and the Apple co-founder Steve Wozniak, that called for a six-month hiatus on giant AI experiments.

“We’re witnessing a race to the bottom that must be stopped,” Tegmark told the Guardian. “We urgently need AI safety standards, so that this transforms into a race to the top. AI promises many incredible benefits, but the reckless and unchecked development of increasingly powerful systems, with no oversight, puts our economy, our society, and our lives at risk. Regulation is critical to safe innovation, so that a handful of AI corporations don’t jeopardise our shared future.”

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