AI 'Godfather' Yoshua Bengio: We're 'creating monsters more powerful than us'
Published On Oct 12, 2024, 1:13 PM
Yoshua Bengio, a leading figure in artificial intelligence research, warns about the potential dangers posed by advanced AI systems that could exceed human control. He emphasizes the need for cautious development to prevent misuse of these technologies, which could empower harmful actors. Bengio highlights the ambitious goals of tech companies like Salesforce in deploying autonomous AI, cautioning that transparency and regulation are essential to mitigate risks. Despite a supportive long-term outlook for investments in AI, he signals that impending societal backlash against AI and potential regulation could lead to market volatility.
Stock Forecasts
NVDA
Negative
Nvidia has seen a significant rise this year driven by the AI boom; however, increased caution and regulatory scrutiny could impact growth. Investors are advised to monitor potential backlash against AI technologies as societal concerns rise, which may adversely affect stock performance in the short term.
GOOG
Positive
The tech landscape, particularly for companies investing significantly in AI like Google, Amazon, and Salesforce, remains bullish due to ongoing demand for AI advancements. However, increased scrutiny could lead to market corrections if safety regulations are not adequately addressed.
CRM
Negative
Salesforce is expecting to deploy a large number of autonomous agents, which may position it competitively in the AI landscape. However, the ambitious timelines could face regulatory pushback, leading to potential volatility in investor sentiment.
Related News
Laffer Tengler CEO and CIO Nancy Tengler discusses investment opportunities and more on ‘Making Money.'
Stock market today: S&P 500, Dow head for fresh records
Oct 9, 2024, 1:03 PM
Investors are locked in debate over a 'no landing' for the economy, with Fed minutes on deck.
Nvidia stock aims for new record high as AI boom shows no sign of slowing
Oct 9, 2024, 12:23 PM
Nvidia stock is aiming to notch a new all-time high, as the AI boom shows no sign of slowdown.