Blog Technology At The Service Of Humans – What Does It Mean For Investors

Technology At The Service Of Humans – What Does It Mean For Investors
Experts believe that artificial intelligence (AI) will be transformative to lives and businesses. With tremendous growth potential, a panel of technology and investment experts discussed what investors should look for in this fast-changing space.

While there has been much activity in robotics in recent years, it will be some time before robots that are fully conscious of their environment, said, Professor Nadia Thalmann, Director, Institute for Media Innovation at the Nanyang Technological University in Singapore.

“There is still a lot of research to be done before robots can be completely conscious of their environment. We are incrementally moving forward to developing social robots, who can be your companions and are aware of how you feel. We are not there yet but it will come,” she said.

Applying AI to make predictions or react to unforeseen patterns was also some way off, added Dr Nannette Hechler-Fayd’herbe, Global Head of Investment Strategy and Research at Credit Suisse.

Alvin Wang Graylin, President of HTC Vive/VR and Smartphone Business in China, believed that it may take between 15 and 30 years for “general purpose” AI – with an intelligence equivalent to that of an average human – to emerge. From that point, however, it might be a short jump to the emergence of “super-intelligent” AI that is hundreds of times smarter than humans.

“AI is one of the exponential technologies out there, so we have to be cautious because it can get out of control,” he said.