You may recall when Microsoft founder Bill Gates told a group of college students in 2004 – speaking about a special type of technology that wasn’t around back then , Gates said if someone ever does invent it:
“That is worth 10 Microsofts.”
Fast-forward to today, and someone finally has figured it out… yes, Bill Gates’ wish has come true. And experts say the market opportunity is now far, far greater than 10 Microsofts.
To put that in perspective, that’s far greater than getting into Microsoft stock 21 years ago.
Microsoft stock has minted many millionaires since and, if you believe Gates (and why wouldn’t you?) it’s exciting to see that opportunity here again!
Bill Gates isn’t alone. Top business leaders are beginning to wake up.
- Jeff Bezos, the founder of Amazon, said he thinks this new technology is the key to Amazon’s future.
- Sun CEO Greg Papadopoulos is calling it “a real revolution.”
- Even super investor Warren Buffett says that it will have a “hugely beneficial social effect.”
When so many successful people are all saying the same thing, it usually pays to listen.
In one question and answer session, one student asked Bill, if there could ever be another technology company ass successful as Microsoft. Bill’s response:
“If you invent a breakthrough in Artificial Intelligence, so machines can learn, that is worth 10 Microsofts”.
In a recent interview published by MIT Technology Review titled ” Everyone Wants to Run an AI Company”, Andrew Ng, a well-known AI expert, argued at EmTech MIT in Cambridge, MA, that making use of the technology requires a deeper change. To truly become “AI-first,” companies need to understand how AI can creep into their existing products and services and generate entirely new ones.
EmTech MIT features other several prominent AI experts, some of whom are exploring ideas that could bring about the next big revolutions in AI.
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