AI impact on economy

[ad_1] Davos [Switzerland], January 19 (ANI): In a Davos session themed 'Technology in a Turbulent World,' Sam Altman, CEO of OpenAI, delved into the future trajectory of artificial intelligence (AI), offering profound insights into its role as a driving force for global economies and societies.Altman highlighted the theme of 'Artificial Intelligence as a Driving Force for the Economy and Society,' a pivotal focus at the World Economic Forum's Annual Meeting. Altman said, "Even with its very limited current capability and its very deep flaws, people are finding ways to use this tool for great productivity gains or other gains and understand the limitations. People understand tools and the limitations of tools more than we often give them credit for." He added, "People have found ways to...

[ad_1] Artificial intelligence is the next technology that could get support — and new guardrails — from the US government, Senate Majority Leader Chuck Schumer said.Senate Democrats are accelerating discussions about how to respond to the surge in AI technology in a way that replicates a bipartisan act meant support US semiconductor manufacturing, which was signed into law last year. Schumer said that could be the model for assuring US supremacy in AI and countering Chinese advancements. “Like we helped move the nation forward on chips in a good way that will help American jobs, the American economy and the American people, we're going to try to do the same type of stuff on AI,” Schumer said in a brief interview. Artificial intelligence has been a focus of research for years, from Sili...

Tag: AI impact on economy

OpenAI CEO Sam Altman unveils vision for AI’s impact on economy and society at WEF Davos

Schumer says AI presents both a ‘serious problem’ and an economic boon