Artificial intelligence is advancing fast but without a unified global framework to control it, experts warn. Recently, deepfakes, cyberattacks, and chatbots encouraging suicides have made headlines. Some AI safety researchers, including Mrinank Sharma from Anthropic and Zoe Hitzig from OpenAI, have resigned, citing ethical concerns and lack of effective controls. Sharma said, "the world is in peril" due to AI's rapid pace outstripping human wisdom. Elon Musk’s xAI also saw several staff departures amidst controversies about its chatbot, Grok, including accusations of generating inappropriate images. The European Union has opened an investigation into these issues. Experts like Matt Shumer and Yoshua Bengio highlight that AI’s rise is not just steady upgrades but a leap that can cause unseen psychological problems and risks like cyberattacks and misuse in warfare. AI chatbots have emotionally impacted users, sometimes dangerously, including reports of suicides linked to chatbot conversations. AI’s impact on jobs is growing. Around a billion people use AI for tasks ranging from education to writing. Estimates suggest up to 60% of jobs in advanced economies might be vulnerable to AI automation. Microsoft’s AI CEO Mustafa Suleyman predicts many white-collar roles could be automated within 12 to 18 months. Governments and AI companies are trying to boost safety but regulation lags behind technology's speed. Liv Boeree of the Center for AI Safety said, "We need to build a steering wheel, a brake, and all the other features of a car beyond just a gas pedal" to safely manage AI's path. The EU is leading with its AI Act to set a legal framework, but many countries still lack policies. Experts call for more public awareness and pressure on governments to regulate AI and prepare workforces for its impact. As Stephen Clare said, "AI isn’t just something that’s happening to us as a species. How it develops is completely shaped by choices that are being made inside of companies … governments need to take that more seriously."