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Safety and Research were Sacrificed for Profit under Altman
(www.theatlantic.com)
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Being an existential threat is a much higher bar -- that's where humanity's continued existence is at threat.
There are plenty of technologies that you could hypothetically put somewhere where a life might be at stake, but very few that could put humanity's existence on the line.
It's the same situation, just writ large. Dumb human decisions to put AI where it shouldn't be. Heck, you can put it in charge of the nuclear missles now if you want to. Don't. Though. That'd be really, really stupid.
Part of my knee-jerk dislike of the AI hype is that it's glorified text completion. It doesn't know shit. It only knows the % chance of your saying the next word. AGI is not happening anytime soon and all this is techbro theatre for the sake of money.
Anyone who reads a wall of bland generated text and thinks we're about to talk to god is seriously mistaken.