Rise of the robots: 'AI' is crowned Word of the Year - closely followed by ... trends now
Elon Musk wants to push technology to its absolute limit, from space travel to self-driving cars — but he draws the line at artificial intelligence.
The billionaire first shared his distaste for AI in 2014, calling it humanity's 'biggest existential threat' and comparing it to 'summoning the demon.'
At the time, Musk also revealed he was investing in AI companies not to make money but to keep an eye on the technology in case it gets out of hand.
His main fear is that in the wrong hands, if AI becomes advanced, it could overtake humans and spell the end of mankind, which is known as The Singularity.
That concern is shared among many brilliant minds, including the late Stephen Hawking, who told the BBC in 2014: 'The development of full artificial intelligence could spell the end of the human race.
'It would take off on its own and redesign itself at an ever-increasing rate.'
Despite his fear of AI, Musk has invested in the San Francisco-based AI group Vicarious, in DeepMind, which has since been acquired by Google, and OpenAI, creating the popular ChatGPT program that has taken the world by storm in recent months.
During a 2016 interview, Musk noted that he and OpenAI created the company to 'have democratisation of AI technology to make it widely available.'
Musk founded OpenAI with Sam Altman, the company's CEO, but in 2018 the billionaire attempted to take control of the start-up.
His request was rejected,