Elon Musk, Bill Gates, and 12 Other Business Leaders on AI tools like ChatGPT.

The use of artificial intelligence has proliferated, and corporate executives are taking notice. Since it launched in November, OpenAI's ChatGPT has generated real estate advice and offered help in establishing a business, and some employees use it to make their jobs simpler.

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Corporate leaders have had a variety of reactions to AI technologies like ChatGPT. Here are the opinions of 14 powerful business people on artificial intelligence, ranging from feelings of excitement to doomsday predictions. While some, like Bill Gates, believe that tools like ChatGPT can free up time in workers' lives by making employees more efficient, others, like Elon Musk, believe that AI is "one of the biggest risks to the future of civilization."

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Bill Gates believes that artificial intelligence has the potential to revolutionize the world. Gates added that AI is "every bit as significant as the PC, as the internet," Forbes reported. AI will be the "largest thing in this decade," according to Gates, who said on a podcast that he didn't anticipate the technology to grow so swiftly in the previous year.

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According to Trade Algo, Gates is "enthusiastic" about ChatGPT and thinks the chatbot has "quite tremendous" potential to teach arithmetic and provide medical advice to individuals with little resources.

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He claims to use ChatGPT mostly "for important objectives," yet he confesses to using it for "fun stuff" such as poetry writing.

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Yet, Gates stated that ChatGPT is "really poor" and has seen it answer arithmetic problems "totally incorrectly."

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In terms of jobs, Gates told the German publication Handelsblatt that AI may "transform our world" by making labor more efficient.

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According to the podcast, when questioned about the Big Tech competition to construct the strongest AI chatbot, Gates stated that he is "not confident" there would be a clear winner.

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Gates envisions AI integration into search engines as a "personal agent" that analyzes and understands its customers' behavior, removing the need for separate IT services, he said on the program.

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"In a decade, we won't think of those firms as distinct, because the AI will know you so well that when you're purchasing gifts or arranging trips, it won't matter if Amazon has the greatest pricing if someone else has a better price - you won't even need to think about it," Gates said. "There might be a drastic reshuffling of how tech markets appear."

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Amazon CEO Andy Jassy said he is intrigued to explore "what's possible with generative AI" despite the growth of tools like ChatGPT, according to an interview with Trade Algo. Yet, Jassy believes that this latest AI generation is nothing new.

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"Most major, extremely technical firms, including ours, have been working on these huge generative AI models for a long time," Jassy explained.

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On Alphabet's most recent earnings call, Sundar Pichai told investors that AI is "the most significant technology" his business is working on.

Pichai's remark came after Google's management reportedly declared a "code red" in reaction to ChatGPT's ascent.

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Google is developing Bard, an AI-powered chatbot. The business demoed the chatbot to the public for the first time in early February. It is now being tested and will be available in the next weeks, according to the business.

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Microsoft CEO Satya Nadella is cautiously hopeful about the future of artificial intelligence.

In an interview with Trade Algo, Nadella stated that to keep strong AI models under control, humans must be "unambiguously, indisputably" in command. If that happens, Nadella said "runaway AI" might be "a real concern," one that can be addressed by making models safer and "more explainable" first. Humans will know exactly how the technology will be utilized in this manner.

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Microsoft is working hard to expand its AI technology. Microsoft debuted the new Bing search engine earlier this month, along with a conversational chatbot that is exclusively available to a select group of customers.

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During an interview, Nadella said he hopes the "new Bing" will force Google to "show it can dance."

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" I want them to know we made them dance, and I think that'll be a great day," Nadella added. 

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During a recent conference, Elon Musk, who cofounded ChatGPT maker OpenAI before leaving the company, said AI is "one of the biggest risks to civilization."

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When questioned about ChatGPT, Musk stated that the tool is "both positive and bad," with "huge promise" but also "tremendous risk." Its excellent replies demonstrate "exactly how smart AI has grown," he added.

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That is why Musk believes AI regulation is vital, even if it "may slow down AI a little bit," which he considers being a positive thing.

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"I think it's a larger risk to society than automobiles, aircraft, or medicine," he allegedly stated during the Global Government Conference in Dubai.

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Moreover, Musk has often raised the alarm about the possible threat posed by AI.

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Musk said in 2020 that the Google-owned DeepMind project may take over the planet. He stated in 2018 that AI might be more hazardous than nuclear weapons. A year earlier, Musk underlined the importance of regulation, claiming that humans "don't know how to respond" to "ethereal" technology, according to Trade Algo.

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Musk's current ideas on AI came full circle in 2015, when he cofounded OpenAI with current CEO Sam Altman, declaring that AI was the "greatest existential danger" to humans at the time.

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The AI revolution is here, and Apple CEO Tim Cook is keeping an eye on it.

On an earnings call, Cook told investors that AI is a "big emphasis" at Apple and that "it's wonderful in terms of how it can improve consumers' lives."

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Indeed, Cook stated that AI will someday be a significant element of Apple's product range. "We see great potential in this domain to touch practically everything we do... It will affect every product and service we offer," Cook explained.

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During an interview with Trade Algo, OpenAI's ChatGPT was described as "very amazing" and "useful to people" by Steve Wozniak. But, he warns users to be cautious since the chatbot might make serious mistakes.

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"The problem is that technology accomplishes fantastic things for humans, but it may make terrible blunders because it doesn't understand what humanness is," Wozniak told Trade Algo.

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Wozniak contrasted AI issues to concerns about the technology used in self-driving vehicles in the interview, noting that AI cannot yet replace human drivers.

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"It's like you're driving a car and you know what other automobiles are going to do right now because you know humans," Wozniak explained.

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Billionaire investor Warren Buffet warned that AI technologies can destabilize society years before the debut of ChatGPT.

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Trade Algo originally reported in 2017 that Berkshire Hathaway's CEO hinted in an annual corporate meeting that AI may displace employment.

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"I would expect much less employment in certain areas," he added. "But it's beneficial for society," Buffet told Trade Algo.

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Buffett believes that in a perfect world, extensive automation will reduce the number of hours individuals work, freeing their time for leisure. Businesses may also recruit fewer people, he suggested.

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Despite the potential benefits of artificial intelligence, Buffet believes the technology "may have significant challenges in terms of a democracy and how it reacts to that."

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In fact, Buffet expressed identical sentiments in 2016. "I believe the greatest benefit will come when it genuinely replaces human work," he said of AI in a 2016 CNBC interview.

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Billionaire investor Charlie Munger is unimpressed with the current status of artificial intelligence. "Artificial intelligence is essential, but there is also a lot of insane hype about it," Munger added.

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"AI isn't going to cure cancer, it's not going to accomplish everything we want it to do, and there's a lot of rubbish in it as well," he said. "I consider it a mixed blessing."

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According to Munger, AI may be utilized for jobs such as insurance underwriting, but it has constraints that may make it ineffective for tasks such as purchasing an office property.

Kevin O'Leary, a "Shark Tank" investor, told Insider that he is beginning to choose ChatGPT over Google for internet research.

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O'Leary stated that he used Google every day prior to the advent of ChatGPT. "Now I'm splitting my search to 50% Google and 50% ChatGPT," he remarked. In fact, O'Leary has stated that he is considering investing in OpenAI.

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Despite his preference for ChatGPT over Google, O'Leary is willing to experiment with new AI chatbots when they become available.

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O'Leary stated that he is interested in testing out the new Bing search engine once it is officially released, despite the fact that he hasn't used Bing in years.

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Now that Google has revealed plans to introduce its own chatbot Bard, O'Leary believes it is just a matter of time before Google loses control of the internet.

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"ChatGPT is undeniably a danger to Google, and Google must be aware of this," O'Leary added. "The AI search wars are underway." Gautam Adani, the world's third-richest person with a net worth of $121 billion, according to Billionaire Index, confesses he could be using ChatGPT a bit too much.

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"Given its incredible capabilities as well as humorous failings," Adani said in a LinkedIn post.

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"But, there is no question that generative AI will have tremendous implications," Adani, who founded India's energy and logistics behemoth Adani Group, continued.

Moreover, the disruptive nature of generative AI will only rise, according to Adani.

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Adani believes that generative AI has "the same promise and hazards" as the introduction of chips, which he claims "laid the way for precision and guided weaponry employed in the current conflict."

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"And the race has already begun, with China outnumbering the United States in the number of most-cited scholarly articles on artificial intelligence," he added.

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According to an interview, former Meta CEO John Carmack believes AI will be able to act and think like humans in a decade.

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According to the virtual reality visionary, artificial general intelligence — the ability of AI to accomplish complicated jobs that humans can now perform — is AI's "great brass ring," which will evolve into a trillion-dollar business by 2030. In turn, he believes that artificial general intelligence will have a good influence on the planet.

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"The world is a significantly better place with our 8 billion people than it was when there were 50 million people," Carmack told Dallas Innovates. "As a result, I am certain that by accepting artificial creatures into our community, the total value and growth in mankind will accelerate enormously."

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At the time, AI cannot mimic human functions such as consciousness. Yet, with the emergence of technologies such as ChatGPT, Carmack believes the world is making progress toward that aim.

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"Forget about human brains; we don't even have creatures that can act like a mouse or a cat," he explained. "Yet, it appears that we are within striking distance of all of those things."

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Former Google CEO Eric Schmidt predicted that artificial intelligence would have the same influence on warfare as nuclear weapons.

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"Einstein sent a letter to Roosevelt in the 1930s suggesting that there is this new technology — nuclear weapons — that may transform combat," Schmidt told Wired in an interview. "I believe [AI-powered] autonomy and decentralized, distributed systems are that strong.

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Schmidt, a founding member of the government's Defense Innovation Board, is attempting to persuade the Military to utilize artificial intelligence capabilities on the battlefield, but he admits that progress has been slow.

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Schmidt has already shown his support for AI.

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Schmidt argued in 2020 op-ed for The New York Times that the US government "has to get back in the game in a significant sense" if the nation is to win the technological race against China. He believes that AI should be a national priority.

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Vint Cerf, generally regarded as one of the internet's founding architects, stated that investors pouring money into AI tools are succumbing to the hype surrounding buzzy technologies such as ChatGPT.

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Cerf stated at a conference that AI chatbots have an "ethical dilemma" that he hopes investors would consider.

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"Everyone's talking about ChatGPT or Google's version of that, and we know it doesn't always operate the way we would like it to," Cerf told CNBC. He also advised investors to "be mindful" about how we utilize AI.

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"Don't think man, I can sell this to investors because it's a popular issue and everyone will throw money at me,'" Cerf allegedly remarked.

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"Be considerate," he urged. "You were correct that we can't always forecast what these technologies will do, and to be honest, the majority of the difficulty is humans - that's why we haven't evolved in the previous 400 years, let alone the last 4,000."

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