A R15 billion bid to rescue the human race from machines

At a symposium at the Massachusetts Institute of Technology, Musk described the dangers of artificial intelligence (AI). “If I were to guess what our biggest existential threat is, it’s probably that. So we need to be very careful with the artificial intelligence. With artificial intelligence we are summoning the demon.” With Paypal co-founder Peter Thiel and backing from Indian tech giant Infosys and Amazon, he has set up OpenAI, a $1-billion investment fund for researchers to pursue applications to try to stay a step ahead of the technology and share findings. The aim is also to ensure that someone is looking at the pros and cons of financial constraints of research and development departments at the likes of Google or IBM that have spent billions of dollars on research. “Since…


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