“My guess is that we’ll have AI that is smarter than any one human probably around the end of next year,” Elon Musk said in an interview Monday with Nicolai Tangen, CEO of Norges Bank Investment Management, and one of the largest investors in Tesla

The billionaire then went on to predict that AI will exceed all human intelligence within the next five years. 

Musk is notoriously inaccurate on the timelines he gives — just see his predictions for full self-driving — but has remained bullish on the progress of artificial general intelligence (AGI), last year saying it would be achieved by 2029.

Many AI experts have brought their predictions for AGI forward in the past 2 years after the release of highly capable chatbots and image and video generation tools. Demis Hassabis, co-founder of Google’s Deepmind, said in February that he believes AGI could be reached by 2030.

Geoffrey Hinton, a world leading computer scientist and a man known as the “godfather of AI,” now believes AGI will arrive sometime in the next 5-20 years. He said he had thought it would take between 30-50 years before the release of ChatGPT.

“Think the printing press, the steam engine, electricity, computing and the Internet, among others,” Jamie Dimon, chief executive of JPMorgan Chase, wrote in his annual letter to shareholders Monday. Dimon went on to claim that AI might lead future generations to only work 3½ days a week. 

Somewhat scarily given how quick it has improved, the pace of AI development has actually been constrained by the supply of microchips available to power the models. These constraints are easing but Musk believes that the next impediment to AI development will be electricity and transformers for the grid.

The release of GPT-5 and OpenAI’s Sora video generation tool some time this year, and with so many companies competing in the AI space, the rapid improvement of the technology is virtually certain. OpenAI and Meta have both said that the next version of their models will be capable of reasoning and planning, both seen as crucial steps on the path to AGI.

Despite his concerns over AI safety, xAI, Musk’s own company, is training a second version of its AI model, Grok, which he says will be better than GPT-4. The new model, Grok 2 will be finished by May and, according to Musk, “should exceed current AI on all metrics.” He also says this model will be followed by a new model several times more powerful, although failed to say when this model would be released (and again, it’s worth noting his timetables are less than accurate).

Although scary, with all the developments in the AI space since the release of ChatGPT at the end of 2022, it’s easy to see how AGI could arrive some time this decade. In an effort to improve testing for AI safety, the US and UK recently signed a landmark agreement to assess and regulate the risks of AI. It’s the world’s first bilateral deal and hopes to assess and regulate the risks emerging from this new and rapidly improving technology.

Japan’s largest telecommunications company, Nippon Telegraph and Telephone, and the country’s biggest newspaper, Yomiuri, issued a manifesto earlier this week, urging restraint. 

While the manifesto did point out potential benefits to generative AI, it cautioned that “in the worst-case scenario, democracy and social order could collapse, resulting in wars.”

Others, like Angel Vossough, the co-founder and chief executive of BetterAI, isn’t fully convinced. 

AI systems are good at analyzing large data sets, and can make predictions or speed up productivity, Vossough tells the Wall Street Journal. But AI is nowhere near being as intelligent as humans, she says as technology lacks emotional intelligence. 

“It needs to connect, understand and respond to human emotions in a way that actually feels authentic and meaningful,” she said. “I don’t think we’re anywhere close.”

Share:
More In Technology
Skype shut down for good, but users still have these alternatives
Skype users are scrambling to find an alternative after Microsoft shut down the pioneering internet phone service which let people make cheap long distance calls and chat with other users. Google Voice lets users make calls from a smartphone or a desktop web browser but it's only available to people in the U.S. Viber users can call phone numbers but can't get a number to receive calls. Zoom offers phone options too. You could get a number from a low cost virtual carrier or try other internet phone services. Microsoft says some Skype features will migrate to Teams, but its Teams Phone feature is only for businesses.
Microsoft hikes Xbox prices worldwide on tariff uncertainty
Amid a backdrop of ongoing tariff uncertainty, more and more gamers are facing price hikes. Microsoft raised recommended retailer pricing for its Xbox consoles and controllers around the world this week. Its Xbox Series S, for example, now starts at $379.99 in the U.S. — up $80 from the $299.99 price tag that debuted in 2020. And its more powerful Xbox Series X will be $599.99 going forward, a $100 jump from its previous $499.99 listing. The tech giant didn’t mention tariffs specifically, but cited wider “market conditions and the rising cost of development.” Beyond the U.S., Microsoft also laid out Xbox price adjustments for Europe, the U.K. and Australia. The company said all other countries would also receive updates locally.
Apple posts stronger-than-expected Q2 results
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Load More