Elon Musk is a proponent of new and innovative technologies. He has been working on electric cars and the colonization of Mars. But the billionaire has lately become a vocal critic of artificial intelligence and its negative consequences on employment and other things.
AI has become the talk of the town ever since OpenAI’s chatbot ChatGPT was launched. The bot is immensely popular for its human-like response to all kinds of queries. Now the South African billionaire is developing his own AI startup to give stiff competition to Microsoft-backed OpenAI.
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Elon Musk To Start His Own AI Company
Elon Musk has quietly started his own AI startup called X.AI. On Wednesday, The Wall Street Journal said that Musk plans to hire developers and engineers and is in talks with investors for his startup.
He is also assembling a team of AI researchers and executives to come up with a strong alternative to OpenAI’s ChatGPT. Last month, he incorporated the company in Nevada and authorized a 100 million share sale.
His team has been in talks with the employees of DeepMind, which is owned by Alphabet. Musk has reportedly convinced the investors of SpaceX and Tesla to financially back his AI startup.
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Musk And Other Experts Want A Halt To “Giant AI Experiments”
In March end, Musk, along with several important figures in the AI industry, wrote an open letter warning people of the potential risks of artificial intelligence. The name includes Apple co-founder Steve Wozniak and researchers at DeepMind.
“AI systems with human-competitive intelligence can pose profound risks to society and humanity,” the letter reads. It also says that “recent months have seen AI labs locked in an out-of-control race to develop and deploy ever more powerful digital minds that no-one – not even their creators – can understand, predict, or reliably control“.
The experts have urged us to introspect and think about developing something that might “eventually outnumber, outsmart, obsolete [sic] and replace us.”
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