The UN report exposes critical AI divides, favoring the Global North and challenging poorer nations with regulation and access. AI's rapid, unchecked development, unlike social media, already causes widespread harm: from parasocial fantasies to deepfakes and economic instability. The author stresses that AI influence requires abundant electricity, capital, and talent. Governments must urgently hold powerful AI firms accountable, as inaction carries severe costs, exemplified by India's experience. Viewing AI merely as a geostrategic asset neglects its vast potential for damage, necessitating proactive governance.