OpenAI has announced the hiring of a Head of Emergency Preparedness to address the risks associated with advanced AI models. CEO Sam Altman highlighted the "real challenges" posed by these models, which include concerns over counterfactual thinking (CFT) and potential impacts on liquidity and cryptocurrency markets. The new role will focus on monitoring frontier AI capabilities that could lead to significant harm. This move follows OpenAI's recent restructuring of its security team and the updating of safety requirements in response to high-risk models from competitors. The company is taking proactive steps to ensure that its AI developments do not adversely affect global markets or security.