In BriefBreyer Capital CEO Jim Breyer has spoken to a lot of artificial intelligence experts, and his biggest takeaway is that AI will develop the same learning capabilities as humans by 2050. Breyer is excited by the good that will come from AI applications.
AI circa 2050
Artificial Intelligence (AI) is on track to develop the same learning capabilities as humans, with some believing AI will be able to learn at the same speed as us in a little over 30 years.
Jim Breyer, founder and CEO of venture capitalist firm Breyer Capital, shares this belief. Speaking at the CNBC and Institutional Investor’s Delivering Alpha conference earlier this month, the CEO said it could happen as early as the year 2050, citing his various talks with AI experts.
“When I visit campuses and speak to the AI experts, there is a median year of 2050 where they think the self-learning capability of AI will be singular and will be at human-level intelligence,” he explained. “So, 2050? Does it happen? There are a lot of people who don’t think that is the case. It is median data from some of the best AI researchers in the world.”
Hopes and Concerns
A lot of people in the tech industry have spoken about AI and its potential — for better and worse. Tesla CEO Elon Musk has called AI the biggest threat to civilization, while Stephen Hawking has said it could negatively impact middle-class jobs and potentially lead to the end of humanity, resulting in the development of a plan to stop the “AI apocalypse.”
On the other hand, a number of researchers have disagreed with Musk’s views, saying his thoughts “seem to focus on the rather far-fetched super-intelligence take-over scenarios.” There’s also the belief that AI will only be dangerous if it’s used without proper thought and concern for the consequences.
Breyer has invested a lot of personal time and money into AI and human assisted intelligence (HAI), but hasn’t dismissed Musk’s concerns in the way others have. Instead, he remains focused on the good that may come from AI’s incorporation — the technology is used in self-driving cars, and is expected to help defend against cyber attacks.
“For the next decade or two, the good that comes out of proper, safe and interesting AI applications is enormous, and I am very excited about being part of investing in it.”
Regardless of where AI goes, the technology is here to stay. We’ll have to wait and see where AI takes us, but at the rate it’s being developed, it won’t be much longer to see how it impacts our lives.