At it's core, the argument for caution can be articulated as "utility and availability of this technology must be limited to incumbent actors in the industry for our protection" and that's very fishy. It's particularly fishy considering this technology cannot even so much as break a fingernail or cut a blade of grass. Is it consequential? Obviously or neither one of our arguments would exist. Does it have the potential to hurt people? Only if those people let it. To me it's overblown moral panic that's suspiciously convenient for the big players in the industry and software in general.