Artificial intelligence was a key topic at this year’s World Economic Forum in Davos, Switzerland. CEOs and investors discussed the potential of AI in interviews and panel discussions. Here are 5 quotes from corporate leaders.
Artificial intelligence was a key topic at this year’s World Economic Forum in Davos, Switzerland. CEOs and investors discussed the potential of AI in interviews and panel discussions. Here are 5 quotes from corporate leaders.
This was stated by Khaldoon Al Mubarak, CEO of Abu Dhabi’s sovereign wealth fund Mubadala, CNBC writes .
He noted the growing demand for the use of AI technologies in various fields, in particular, energy, data transmission, all kinds of technologies that will help meet this demand. Al Mubarak also added to this list the development of data centers and the development of microcircuits.
This statement was made during a panel discussion by Larry Summers, an American economist who served as the 71st US Treasury Secretary.
He emphasized that this is a moment of amazing technological opportunities and challenges, in particular for governments in the United States and around the world. However, Larry Summers also added that this does not mean that everything will automatically be fine. In addition, the «moment of amazing technological opportunities,» which the US government official called, including the emergence of AI systems, is contributing to unprecedented innovations in areas such as medicine.
This is according to Richard Edelman, CEO of the American public relations and marketing consulting firm Edelman. In his opinion, artificial intelligence can improve the work of employees and accelerate productivity.
However, Edelman noted that improving productivity with AI tools is only possible if everyone upskills their staff. «I’m doing it like crazy at our company. You have to use it. You have to try it. I think artificial intelligence is a great hope for optimism,» he emphasized.
Sander van’t Nordende, CEO of the recruitment company Randstad, confirmed the risks of certain professions disappearing amid the development of artificial intelligence tools.
But he believes there will also be many new opportunities. «[There are] many new jobs in technology, security, artificial intelligence… There will be new jobs, and there are many jobs that are still needed in healthcare, in technology, in hospitality — all kinds of jobs where AI is not very helpful,» he added.
Arthur Mensch, CEO of French artificial intelligence firm Mistral, emphasized that AI will increase competition.
«And we really need — the industry needs — to embrace this as soon as possible because it’s actually a competitive market,» he stressed. According to Mensch, he was interested in talking to administrations that are also looking for sovereign solutions. “ So I would say it’s both a challenge and an opportunity. But it actually shows that if you’re not thinking about AI today and how it’s going to change your business, you’re doing it wrong,» he said.
