To touch more deeply on why paperclips allude to the extinction of humanity: the Paperclip Problem is a parable in which an artificial intelligence operating a factory is instructed to make as many paperclips as possible.
It doesn’t stop when it runs out of resources. Instead, it commandeers mining machines to deplete the planet’s metals, and after those had been used up, it melts every human down for the trace iron in our blood.
The instructions didn’t think the AI needed to be told when to stop, so it just kept going. https://en.m.wikipedia.org/wiki/Instrumental_convergence https://cepr.org/voxeu/columns/ai-and-paperclip-problem