The short-term consequences of moderately human-comparable AI (jobs etc.). Yeah, don't put them in charge of the nukes and work on societal issues we should be fine.
The other one looking further out when they scale to superhuman levels, which is the professed goal of the AI labs. Further out may mean just a few additional years if we get to recursive self-improvement. At that point the issue isn't "we put it in charge of the nukes" but "it's an intelligence with goals and we don't know which path it'll take to work around us to accomplish its goals". Humans regularly bulldoze other species to accomplish goals. And it's not like it'll be locked up in some secure box as people were arguing in the past. We're already seeing AIs being integrated into everything, so whatever access they'll want they might already conveniently have, though the argument goes that this isn't a necessary condition, just a thing that simplifies the argument-tree.