My dad always said "pedestrians have the right of way" every time one crossed the street, but wouldn't let us cross the street when the pedestrian light came on until the cars stopped. When I repeated his rule back to him, he said "you may have the right of way, but you'll still be dead if one hits you". My adult synthesis of this is "it's fine to do something risky, as long as you are willing to take the consequences of it not working out." Sure, the cars are supposed to stop at a red light, but are you willing to be hit if one doesn't? [0] Sure, the AI is supposed to have guardrails. But what if they don't work?

The risk is worse, though, it's like one of Talib's black swans. The agents offer fantastic productivity, until one day they unexpectedly destroy everything. (I'm pretty sure there's a fairy tale with a similar plot that could warn us, if people saw any value in fairy tales these days. [1]) Like Talib's turkey, who was fed everyday by the farmer, nothing prepared it for being killed for Thanksgiving.

Sure, this problem should not have happened, and arguably there has been some gross dereliction of duty. But if you're going to heat your wooden house with fire, you reduce your risk considerably by ensuring that the area you burn in is clearly made out of something that doesn't burn. With AI, though, who even knows what the failure modes are? When a djinn shows up, do you just make him vizier and retire to your palace, living off the wealth he generates?

[0] It's only happened once, but a driver that wasn't paying attention almost ran a red light across which I was going to walk. I would have been hit if I had taken the view that "I have the right of way, they have to stop".

[1] Maybe "The Fisherman and His Wife" (Grimm)? A poor fisherman and his wife live in a hut by the sea. The fisherman is content with the little he has, but his wife is not. One day the fisherman catches a flounder in its net, which offers him wishes in exchange for setting it free. The fisherman sets it free, and asks his wife what to wish for. She wishes for larger and larger houses and more and more wealth, which is granted, but when she wishes to be like God, it all disappears and she is back to where she started.