Elon Musk has entered the artificial intelligence race with the launch of xAI,whose goal is to “understand the true nature of the universe.”
OpenAI CEO Sam Altman and Industry Minister Ed Husic have discussed ways to minimise the potential negative effects of the rapidly advancing technology.
We expect checks and balances for safety,wellbeing,and risk mitigation. Curiously,most of us blithely embrace new technology without the same concerns or regulatory oversight.
Tech investments can produce stellar returns,but investors need to tread carefully as the sector has a habit of getting ahead of itself.
As hype about artificial intelligence grips markets,bankers are looking at the benefits and costs of using the technology in their vast businesses.