Speaking at MIT this week, Space-X CEO Elon Musk suggested that Artificial Intelligence (AI) might be the biggest existential threat to humans, period. He said there should be some government oversight to make sure we don't do something foolish when we let that particular genie out of the bottle.
I say keep government out of it altogether and let science run wild with AI. Government regulations will only stifle the innovation, even kill it. Create the AI relationship with humans first and then let governments try to figure out how to deal with it.
Why postpone the inevitable? I for one welcome our malevolent, silicon-based overlords to usher mankind toward the grim, dystopian future I've been reading about in the sci-fi literature.