Microsoft says artificial general intelligence (AGI) could take decades

November 30, 2023 08:56 AM PST | By Invezz
Follow us on Google News:

Brad Smith – the President of Microsoft Corp (NASDAQ: MSFT) says artificial general intelligence or “AGI” is highly unlikely to realise in the near term.

Smith shares his view on AGI

Smith did agree on the need for safety breaks in artificial intelligence especially as it relates to systems that control important infrastructure but added:

There’s absolutely no probability that you’ll see this so-called AGI, where computers are more powerful than people in the next 12 months. It’ll take years, if not many decades.

He made the remarks to reports in the United Kingdom on Thursday.

Earlier in November, the tech behemoth announced an AI chip that it expects will compete with Nvidia Corp. $MSFT is currently up more than 60% versus its year-to-date low in the first week of January.   Watch here:

Microsoft to invest $3.2 billion in the U.K.

Note that Smith’s comment on AGI is somewhat in contrast with Jensen Huang who recently said at the New York Times Dealbook Conference that artificial intelligence could be “fairly competitive” with human in just five years.

Also on Thursday, Microsoft said it will pump about $3.2 billion in the United Kingdom in pursuit of future growth in AI over the next three years. The investment, it added, will more than double its datacentre footprint in Britain.

Last month, the Nasdaq-listed firm reported solid results for its first financial quarter that Invezz covered in detail here.

Wall Street currently has a consensus “buy” rating on shares of Microsoft Corp

The post Microsoft says artificial general intelligence (AGI) could take decades appeared first on Invezz


The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.

Top Listed Companies