US falling behind in 'race' to develop, utilize AI

 

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Businessman and entrepreneur Mark Cuban said he believes artificial intelligence is going to "change everything, 180 degrees" during the next few decades, according to Yahoo Finance.

Mr. Cuban said he agrees with the notion AI will definitely change how businesses operate -- so much so that whichever industrialized country fails to take the lead in AI will be out of luck.

"All these things have happened that have changed how we do business, changed how we lived our lives, changed everything, right, the internet. But what we're going to see with artificial intelligence dwarfs all of that," Mr. Cuban said during an interview for Real Vision Television, a subscription financial video service cited by Yahoo Finance.

"Vladimir Putin says the winner in AI controls the world. China puts together a future plan saying whoever dominates in AI -- and they're subsidizing Tencent, Alibaba, et cetera, right? It is a race. We cut our Office of Technology and Science to one person who was an assistant to Peter Thiel. That's where we stand," Mr. Cuban continued.

Mr. Cuban said he invested in a robotics company to learn more about the technology and understand the industrial changes that will come as a result.

"I'm not saying [AI] a good thing for a bad thing. [The AI revolution] is going to happen with or without me. But I wanted to learn what's going on," he said. "Those building up a robotics industry here, investing in our AI industry here, that's the new infrastructure. Because if we don't do it, and China or Russia win those wars ... We're out of luck."

Source: Becker's Hospital Review (View full article)

Posted by Dan Corcoran on November 28, 2017 07:17 AM

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