New Delhi, Sept. 26 -- Efforts by leading artificial intelligence firms to highlight existential risks from the technology amount to a dangerous bid to shape public policy, according to Joe Lonsdale, an investor in Anthropic and co-founder of Palantir.

Speaking at the Reuters Momentum AI Austin event, Lonsdale criticised moves by figures close to Anthropic and OpenAI to fund third-party groups that lobby for stricter industry rules. He stated that such measures risk creating an environment where a small circle of dominant developers dictates oversight to entrench existing market power, Reuters reported.

"I think that what OpenAI and Anthropic are pushing right now is very dangerous, and we don't want an oligopoly that controls all of ou...