Why investors might be the last line of defense for AI safety
the vatican's new 'magnifica humanitas' says corporations alone shouldn't govern ai. with government regulation lagging, institutional investors are being urged to step in and enforce ethical ai development to protect humanity.
pope leo xiv's new encyclical on ai, 'magnifica humanitas,' argues that technology is never neutral and warns against allowing corporations to unilaterally direct the future of artificial intelligence. it posits a choice between a chaotic 'tower of babel' scenario and a reconstruction of common humanity, urging action based on courage and solidarity. with public policy moving slowly, the framework places responsibility on institutional investors to fill the governance gap. this development signals that faith-based groups and major shareholders may play a pivotal role in demanding safety and ethical compliance from ai labs.