Technology shares across major Asian markets experienced a sharp downturn following coordinated statements from top artificial intelligence (AI) lab chief executive officers urging a deliberate slowdown in the development of advanced systems.

Industry leaders, including executives from Anthropic and OpenAI, publicly pointed to mounting safety risks, potential loss of control, and unprecedented security vulnerabilities as primary reasons to pump the brakes on the current breakneck pace of progress.

AI-connected stocks fell sharply in early Asian trading on Monday after the CEOs of the companies developing the most advanced AI models warned the pace of development must slow to prevent threats to humanity.

Anthropic CEO Dario Amodei called on AI companies........

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