Experts I've talked to have all agreed that AI development has long since been exponential. Despite this, the corporate world was taken aback by the meteoric surge of AI's financial value.
Canadian news agency Thomson Reuters recently said it would be increasing its funding for AI research.
"They are going to make a whole lot of jobs much more efficient," Hinton added. "My worry is that those huge increases in productivity are going to go to putting people out of work and making the rich richer and poor poorer."
In his recent piece "We must slow down the race to God-like AI," AI investor Ian Hogarth advised that firms prioritize that plan.
"The technology is being developed in a society that is not designed to use it for everybody's good."