Artificial intelligence (AI) has long become the buzzword of the industry, attracting the interest of scientists, entrepreneurs and leaders who are shaping the future of AI. Besides, the use of AI has already improved efficiency, reduced costs, and increased accuracy in various fields. It has impacted our lives, including its use in the digitalization of society. Here are the most interesting visionary AI quotes of 2024.
“There’s no question we are in an AI and data revolution, which means we’re in a customer revolution and a business revolution. But it’s not as simple as taking all of your data and training a model with it. There are data security, access permissions, and sharing models that we have to honor. These are important concepts, new risks, new challenges, and new concerns that we have to figure out together,” says Clara Shih, CEO, Salesforce AI.
While interacting with CEO Insights, Jasleen Kohli, MD & CEO, Digit Insurance (Go Digit General Insurance), says, “One significant revolution has been the integration of artificial intelligence (AI) and machine learning (ML) algorithms into insurance operations. AI-powered chatbots and virtual assistance to customers, addressing their queries, are helping guide customers through the insurance process. These technologies have greatly improved customer engagement and have reduced human interventions. Along with this, AI and ML models are being extensively utilized for risk assessment and underwriting. These models also help insurers make accurate predictions about potential risks by analyzing vast amounts of data, including customer profiles, claim history, and market trends.”
Sam Altman, the CEO of OpenAI says, “I think it's good that we and others are being held to a high standard. We can draw on lessons from the past about how technology has been made to be safe and how different stakeholders have handled negotiations about what safe means. We have our nervousness, but we believe that we can manage through it, and the only way to do that is to put the technology in the hands of people. Let society and the technology co-evolve, and sort of step-by-step with a very tight feedback loop and course correction, build these systems that deliver tremendous value while meeting safety requirements."
Satya Nadella, CEO, Microsoft, says, “The biggest lesson learned is we have to take the unintended consequences of any new technology along with all the benefits and think about them simultaneously – as opposed to waiting for the unintended consequences to show up and then address them. I don't think the world will put up anymore with any of us coming up with something where we haven't thought through safety, equity, and trust – these are big issues for the world.”
Impact of AI on Industries
"It is difficult to think of a major industry that AI will not transform. This includes healthcare, education, transportation, retail, communications, and agriculture. There are surprisingly clear paths for AI to make a big difference in all of these industries, “says Andrew Ng, Computer Scientist and Global Leader in AI.
“CIOs have struggled with ‘shadow IT’ in the past and will now confront ‘shadow AI’ – solutions used by or developed within an organization without official sanction or monitoring by IT. Well-intentioned employees will continue to use generative AI tools to increase productivity,” said Jay Upchurch, Chief Information Officer, SAS.
The next big thing in 2024 will be AI models that push beyond the limitations of transformer architecture, giving us larger context windows, faster and cheaper inference, and more powerful AI systems overall," says Bucky Moore, Partner at Kleiner Perkins.
"With the recent developments in the area of 3D scene reconstruction, such as NeRFs and Gaussian Splatting, the future of augmented reality looks brighter than ever before," says Michał Tadeusiak, Director of AI at deepsense.ai.
Raj Mukherjee, Executive Vice President, Indeed says, “It has happened before; every technology revolution has led to the loss of jobs. But new jobs get created, and there will be many new jobs created as part of this AI revolution.”
Elon Musk, Tesla and SpaceX CEO says, “We will have for the first time something smarter than the smartest human. It's hard to say exactly what that moment is, but there will come a point where no job is needed.”
Bill Gates, Microsoft Co-Founder says, “Generative AI has the potential to change the world in ways that we can’t even imagine. It has the power to create new ideas, products, and services that will make our lives easier, more productive, and more creative. It also has the potential to solve some of the world’s biggest problems, such as climate change, poverty, and disease.”
Turn your sales org into a sales lab. Give generative AI tools to your sellers and tell them to experiment until they find the applications they love. That’s how we’ll train sellers — not from the top down, but from the bottom up, ” says John Barrows, CEO, JB Sales.
“It’s natural to wonder if there will be a jobless future or not. What we’ve concluded, based on much research, is that there will be jobs lost but also gained and changed. The number of jobs gained and changed is going to be much larger, so if you ask me if I worry about a jobless future, I don’t. That’s the least of my worries,” says James Manyika, senior vice president of research, technology and society, Google
“Every team in your organization is looking to the IT team to help them deliver AI-powered experiences. And I know we don’t want to admit it, but IT doesn’t have all the answers. Because AI isn’t as easy as just turning it on. Delivering great AI experiences requires time, expertise and data,” says Ahyoung An, senior director, product management, MuleSoft.