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Home Technology

AI Safety Theater Is the New Crypto Theater

The loudest “guardrails” aren’t protecting anyone—they’re protecting incumbents’ margins.

Ben Bush by Ben Bush
October 30, 2025
in Technology, World
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AI Safety Theater Is the New Crypto Theater
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In recent months, the intersection of artificial intelligence (AI) and theater has emerged as a curious spectacle, reminiscent of the crypto theater that captivated audiences just a few years ago. As the crypto bubble burst, leaving behind a landscape littered with failed projects and disillusioned investors, a new form of performance art has taken center stage: AI safety theater. This phenomenon raises questions about the genuine efficacy of AI safety measures and whether they are merely a distraction from deeper systemic issues.

The term “AI safety theater” refers to the performative actions taken by companies and organizations to demonstrate their commitment to AI safety without addressing the underlying risks associated with the technology. Much like the crypto theater that showcased extravagant promises of decentralized finance and blockchain innovation, AI safety theater often prioritizes optics over substance. For instance, while companies tout their AI safety protocols, critics argue that these measures often fail to mitigate real risks, instead serving to placate public concern and protect corporate interests 2, 7.

The crypto industry, once heralded as a revolutionary force in finance, has faced a reckoning following the collapse of major players like FTX and the legal troubles surrounding figures such as Sam Bankman-Fried. The fallout has led to a reevaluation of the industry’s legitimacy and its claims of decentralization and democratization 2. Similarly, the AI sector is now grappling with its own set of challenges, as the rapid advancement of AI technologies raises ethical and safety concerns that cannot be ignored.

Recent discussions around AI safety have highlighted the need for a more robust framework to address potential harms. However, many of the proposed solutions resemble the superficial measures seen in the crypto world. For example, while some organizations have implemented safety protocols, these often lack the depth required to genuinely protect users from the risks posed by AI systems. Critics argue that these measures are akin to “safety theater,” designed more to reassure stakeholders than to enact meaningful change 6, 7.

The rise of AI safety theater has also been fueled by the increasing popularity of immersive experiences that blend technology with performance art. Events like the “Decode” immersive theater experience, hosted by Binance, showcase the potential of AI in creative storytelling while simultaneously promoting the company’s decentralized GPU-as-a-service technology 1. However, such events can also be seen as a form of distraction, diverting attention from the pressing ethical questions surrounding AI development and deployment.

Moreover, the concept of “safe spaces” has found its way into both the crypto and AI realms. The Crypto.com Arena and Peacock Theater have been certified as safe spaces, reflecting a growing trend to create environments that prioritize safety and inclusivity 3, 10. While this initiative is commendable, it raises questions about the effectiveness of such certifications in addressing the broader issues of accountability and transparency in both industries.

As the AI landscape continues to evolve, the need for genuine safety measures becomes increasingly urgent. The current approach, characterized by performative gestures and superficial compliance, risks perpetuating a cycle of mistrust and skepticism. Just as the crypto industry has faced scrutiny for its lack of regulation and oversight, the AI sector must confront its own shortcomings in ensuring the responsible development and deployment of technology.

The allure of AI safety theater lies in its ability to create a façade of control and responsibility, but this illusion can be dangerous. As AI systems become more integrated into everyday life, the potential for harm increases, necessitating a more serious commitment to safety and ethical considerations. The challenge lies in moving beyond theater and into a realm of genuine accountability and proactive measures.

The emergence of AI safety theater as a parallel to crypto theater serves as a cautionary tale for both industries. While the promise of innovation and progress is enticing, it is crucial to remain vigilant against the pitfalls of performative safety measures. As stakeholders in the AI ecosystem, it is our responsibility to demand transparency, accountability, and genuine efforts to mitigate risks. Only then can we ensure that the advancements in AI technology serve to enhance our lives rather than pose new threats. The stage is set, but the script must be rewritten to prioritize substance over spectacle.

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Ben Bush

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