AI poses significant risks and downsides that outweigh the potential upsides. 1) threat of mass job displacement as AI automates an increasing number of tasks and roles. 2) the concentration of AI-powered automation and decision-making in the hands of a few tech giants and governments raises serious issues around privacy, surveillance, and the centralization of power. AI-driven algorithms could be biased, opaque, and unaccountable, leading to discrimination and the erosion of individual rights.