Is Elon Musk Afraid of AI?

Written by Monica Savaglia
Posted November 9, 2018

Time and time again, we've been told of all the great things that artificial intelligence (AI) will do for the future of not only technology but also various industries.

You may have read countless articles from Park Avenue Digest that talk about AI and its capabilities right now and for the future. We aren't shy about our feelings about the technology. The opportunities that lay ahead for the world and, more specifically, the investing possibilities for investors like you will be endless because of AI.

We're excited about it. But that doesn't mean everyone is excited about what the technology has to offer. There are some pessimists about AI. They think the tech won't be that revolutionary or it'll result in the loss of jobs for people who need them. And not only that but they believe the tech will lead to an unpredictable and scary future. They think robots will take over the world and start to control the human race.

Money AIThat's one of the most extreme views on AI. But it's still how some people feel about the technology.

Heck, even one of the most innovative and biggest lovers of technology and its advancements is a pessimist of AI. That's right. Elon Musk recently reiterated his fears of AI.

Elon Musk wants to send electric cars to colonies on Mars. During a speaking event at the Massachusetts Institute of Technology (MIT) in 2014, Musk called AI humanity's "biggest existential threat" and compared it to "summoning a demon."

And earlier this week, the SpaceX CEO spoke of those same fears. He said:

As AI gets probably much smarter than humans, the relative intelligence ratio is probably similar to that between a person and a cat, maybe bigger. I do think we need to be very careful about the advancement of AI.

Compared to his views in 2014 of the tech, you could say he toned down his apocalyptic views. But he still views AI as something that we should be wary of. And that's fine. That's his opinion. Just as there are many people who don't agree with Musk's views on a variety of other topics.

For many machine-learning researchers, the idea of AI surpassing humans as much as we surpass cats sounds unrealistic. Researchers are still trying to perfect self-driving cars. But there's still a lot of work to be done to perfect that technology. Right now, self-driving cars are having a hard time under unusual conditions. Things that would be second nature or instinct for humans aren't the same for machines.

Machines that possess greater-than-human capabilities seem like a long ways away. And they're definitely not something that'll happen in my lifetime or in yours.

But of course, that doesn't mean we shouldn't be a little concerned about how AI technology develops over time.

Don't get me wrong... This technology has a vast amount of potential to develop into something great and maybe even something that's out of the control of developers or us everyday humans. So, we need to recognize and be aware of that.

We don't want to get ahead of ourselves. A lot of research is needed to ensure that the technology truly benefits us.

AI will expand our world. But we don't want to get to the point of no return. Research is key. And plenty of research is already happening right now to ensure the safety of the human race.

Until next time,

Monica Savaglia Signature Park Avenue Digest

Monica Savaglia

Monica Savaglia is Wealth Daily’s IPO specialist. With passion and knowledge, she wants to open up the world of IPOs and their long-term potential to everyday investors. She does this through her newsletter IPO Authority, a one-stop resource for everything IPO. She also contributes regularly to the Wealth Daily e-letter. To learn more about Monica, click here.

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