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Intel CEO Thinks AI Is Still In Infancy

Nov 9, 2017 | Uncategorized | 0 comments

Recently US financial website CNBC interviewed Intel CEO Brian Krzanich and asked him about the development of artificial intelligence. Many in the scientific and technological community are hoping to regulate artificial intelligence. Brian thinks it is too early to talk about these things.

Brian Thinks AI Is Still An Infant

Tesla CEO Elon Musk and well-known scientist Stephen Hawking are reminding people that artificial intelligence is a great threat to humanity, but Brian think now is not a suitable time for any regulation of artificial intelligence technology. The only thing people can do about artificial intelligence is to promote its innovation and help it develop. For example, artificial intelligence technology can benefit mankind in the medical field.

Also Read: Elon Musk Thinks Reliance On Artificial Intelligence Is Like Summoning The Demons

Last week, the Bank of Montreal’s capital markets released a new investment memorandum, in which they believe the share price of Intel might rise nearly 30% in the future as corporate costs continue to plummet. They also raised Intel’s stock rating from “flat” to “outperform.”

Also Read: Seagate Has Made The World’s First Artificial Intelligence Video Surveillance Hard Drive

Ambrish Srivastava, capital markets analyst at Bank of Montreal, believes the biggest reason for adjusting their ratings is out of trust in Intel’s adjusted business model, with Intel’s current target price hiked from $ 37 to $ 58, up from Friday’s close 31%. Intel’s share price performance also corroborated their claims, is expected to continue rising this week.

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