In an unprecedented move, leading artificial intelligence (AI) researchers and CEOs have issued a joint warning about the potential existential risk from AI, emphasizing its mitigation as a global priority. This 22-word statement, released by the Center for AI Safety, is a testament to growing concerns within the AI community. High-profile figures, including Sam Altman of OpenAI, Google DeepMind's Demis Hassabis, and Yoshua Bengio, a pioneering figure in deep learning, are among the signatories. The conciseness of the statement was intentional to avoid disagreements and facilitate open discussion about AI's most severe risks. While the timeline to achieving artificial general intelligence (AGI) remains contentious, the signatories unanimously agree on the importance of responsibly managing AI development. This landmark statement underscores the need for a meaningful discourse about AI's potential impact on society, highlighting both present-day threats like mass surveillance and misinformation, as well as future challenges related to unchecked AI advancements.