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More than 1,000 technology and AI luminaries, including Elon Musk, Andrew Yang, and Steve Wozniak, have signed an open letter urging a moratorium on the development of artificial intelligence due to the potential risks it poses to society and humanity. OpenAI, a research laboratory founded by Elon Musk, has been working to create applications such as the ChatGPT system for natural language processing. Despite the potential benefits of AI, there are also serious risks associated with its development, such as bias in algorithms and unintended consequences.