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Elon Musk, the founder of SpaceX and Tesla Motors, warned that we could see some terrifying issues within the next few years:The development of full artificial intelligence could spell the end of the human race. It would take off on its own, and re-design itself at an ever-increasing rate. Humans, who are limited by slow biological evolution, couldn't compete, and would be superseded. (source)
The risk of something seriously dangerous happening is in the five year timeframe. 10 years at most. Please note that I am normally super pro technology and have never raised this issue until recent months. This is not a case of crying wolf about something I don't understand.
The pace of progress in artificial intelligence (I'm not referring to narrow AI) is incredibly fast. Unless you have direct exposure to groups like Deepmind, you have no idea how fast - it is growing at a pace close to exponential.
I am not alone in thinking we should be worried.
The leading AI companies have taken great steps to ensure safety. They recognize the danger, but believe that they can shape and control the digital superintelligences and prevent bad ones from escaping into the Internet. That remains to be seen... (source)
Comment: There is strong evidence that some past civilizations had knowledge of how to construct buildings that could withstand earthquakes:
See also: