Private companies are coming up with ways of developing Artificial intelligence so that human intelligence remains dormant. In social media, Google and Facebook are making communication easy through automatic facial recognition and smart reply of texts. However, Elon Musk believes artificial intelligence is getting out of hand.
Elon Musk and other tech gurus have funded a company called OpenAi. OpenAi is a research company launched last week on Friday with the goal of advancing artificial intelligence. The field is promising but controversial because of concerns about how machines equipped with the technology could interact with humans.
“It’s hard to fathom how much human-level AI could benefit society, and it’s equally hard to imagine how much it could damage society if built or used incorrectly,” the organization said in a statement. “It’s hard to predict when human-level AI might come within reach. When it does, it’ll be important to have a leading research institution which can prioritize a good outcome for all over its own self-interest.”
Elon Musk, Altman and Thiel’s interest in AI is important because the three already have a hand in building the future. Musk helped launch mobile payments as a PayPal co-founder in 1998. Now he’s upending modern transportation as the CEO of electric-car maker Tesla and private space company SpaceX. As president of Y Combinator, Altman has helped launch startups including Airbnb, Dropbox and Twitch. Thiel, a major Silicon Valley investor, was a co-founder at PayPal and an early investor in Facebook. In other words, the technology they touch tends to make a splash.
“As a nonprofit, our aim is to build value for everyone rather than shareholders,” the statement says. It also notes that researchers will be encouraged to share their work openly and all patents the organization gains will be shared with the world.
In motor industry, Toyota plans to invest $1 billion on artificial intelligence and robotics research over the next five years. In addition, Samsung is already making huge strides in artificial intelligence.
“One can imagine such technology outsmarting financial markets, out-inventing human researchers, out-manipulating human leaders, and developing weapons we cannot even understand,” Hawking said. “Whereas the short-term impact of AI depends on who controls it, the long-term impact depends on whether it can be controlled at all.”
Many scientists are worried about AI getting out of hand. AI experts around the globe signed an open letter issued in January by the Future of Life Institute that pledges to safely and carefully coordinate progress in the field.
“It’s hard to predict when human-level AI might come within reach,” the organization’s announcement said. “When it does, it’ll be important to have a leading research institution which can prioritize a good outcome for all over its own self-interest.”