Wait, what!? The latest wave of AI concern is triggered by a combination of developments in the tech world, starting with one big one: Self-coding AIs. This refers to AI models that can improve themselves, rewriting their own code to become smarter, and faster and do it again — all with minimal human oversight.Five years ago, this would have been dismissed as sci-fi. Now, it’s a business model.Founded by ex-DeepMind researchers, the startup Reflection AI is building an autonomous coding system geared toward achieving superintelligence. The company has raised over $130 million in venture funding earlier this year, and investors like Sequoia Capital are already excited about the market potential. (A March Sequoia Capital blog post promised, breathlessly, “a future where we all become directors of superintelligent agents that conduct knowledge work on our behalf.”)