This is SO important. We should be doing this faster than China.
A branch of artificial intelligence is that of breeding and gene editing. Selectively selecting for genetic intelligence could lead to rapid advances in human intelligence. In 'Superintelligence: Paths, Dangers, Strategies', the most recent book by Oxford professor Nick Bostrum, as well as his paper 'Embryo Selection for Cognitive Enhancement', the case is made for very simple advances in IQ by selecting certain embryos for genetic attributes or even, in this case, breeding for them, and the payoff in terms of raw intelligence could be staggering.
Monster is a relative term. But if we manage to create an AI which figures out how to make itself more intelligent, and ends up thousands of times more intelligent than humans (which could theoretically happen in a nanosecond) our survival would be wholly contingent upon the decisions of the AI.