Fun

Softbank CEO says company’s purpose is to create ‘artificial super intelligence’

News Feed - 2024-06-23 01:06:35

Tristan GreeneJun 22, 2024Softbank CEO says company’s purpose is to create ‘artificial super intelligence’Billionaire finance mogul Masayoshi Son also said that AI will be 10,000 times smarter than humans by 2035.5166 Total views8 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksThe founder and CEO of Japanese investment conglomerate Softbank, Masayoshi Son, believes artificial intelligence (AI) will be one to 10 times smarter than humans by 2030 and 10,000 times smarter by 2035. 


Son’s comments came during Softbank’s annual meeting in Tokyo on June 21. There, he addressed employees in what’s being called an emotional speech laying out the company’s priorities going forward.Artificial super intelligence


The main takeaway from Son’s commentary appears to be that Softbank is dedicating itself to the development of an “artificial super intelligence” (ASI) capable of upending human life as we know it.


During his speech, Son discussed both artificial general intelligence (AGI) and ASI. The difference between the two, according to the Softbank CEO, is that an AGI system would demonstrate the equivalent of a human “genius,” with up to a 10x factor.


An ASI, on the other hand, would have 10,000 times the intelligence or capabilities of a human — ostensibly far beyond the realm of the human brain’s limited potential.


It bears mention that there currently exists no scientific consensus as to what an AGI or ASI would be capable of or if such an entity is possible with modern technology. To date, AI systems capable of human-level reasoning remain theoretical.Stock market reaction


Son went on to discuss both Softbank’s future and his own mortality, something which may have spooked some investors, as the company saw its shares dip by more than 3% when the Tokyo Stock Exchange closed after the meeting.


In a video of the event seen by Cointelegraph, Son stated that two years ago, he realized that he was “getting old” and apparently wanted to do more with his life before its end.


He added:“SoftBank was founded for what purpose? For what purpose was Masa Son born? It may sound strange, but I think I was born to realize ASI. I am super serious about it.”


Related:Apple holds back AI releases in EU due to Digital Markets rules# Japan# Business# AI# Softbank# Masayoshi SonAdd reaction

News Feed

Leading Crypto Exchange BitYard Offers Trading in Over 150 Countries – Here’s How You Can Benefit
Leading Crypto Exchange BitYard Offers Trading in Over 150 Countries - Here’s How You Can Benefit sponsored Come join and become a part of BitYard, the leading crypto exchange tha
Bitcoin, Ethereum Technical Analysis: BTC up 10% From Same Point Last Week
Bitcoin, Ethereum Technical Analysis: BTC up 10% From Same Point Last Week Despite trading lower on Monday, bitcoin is up over 10% from the same point last week, with ETH also gain
William Suberg7 hours agoBitcoin to $1M post-ETF approval? BTC price predictions diverge wildlyBitcoin ETF excitement is everywhere, but short-timeframe BTC price morale is wearing thin.8644 Total views40 Total sharesLis
Spot Bitcoin ETF inflows surge, but BTC struggles to rally above $65K
Marcel Pechman1 hour agoSpot Bitcoin ETF inflows surge, but BTC struggles to rally above $65KArbitrage trading of the spot BTC ETFs and a drop in demand for inflation hedges could be limiting Bitcoin’s price upside.414
Solana Will Face A Pivotal Moment In May – Bear Market Bounce Or Bull Market Dip?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Japanese Police Arrest 30 People for Allegedly Having Exchanged Stolen Cryptos From the 2018 Coincheck Hack
Japanese Police Arrest 30 People for Allegedly Having Exchanged Stolen Cryptos From the 2018 Coincheck Hack Japanese police charged 30 people for their alleged i
Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH
Bitcoin"s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH Bitcoin’s hashrate has been riding high again as the processing power ta
Dogecoin Starts Out February with 23% Crash, What Does Historical Data Point To?
Este artículo también está disponible en español. The Dogecoin price has started out this month with a crash, sparking a bearish sentiment among DOGE investors. This bear
Cointelegraph Markets Pro9 hours agoBitcoin disappoints while Markets Pro delivers 88% gains in 29 hoursCointelegraph Markets Pro hands investors breaking alerts leading to multiple double-digit trades in a “dead” cr
Tristan Greene2 hours agoVolatility Shares cancels ETH futures ETF launch, ‘didn’t see the opportunity at this point in time’The company’s co-founder and president, Justin Young, told Cointelegraph in an email th
‘Bitcoin Valley’ Launches in Honduras — 60 Businesses Accept BTC to Boost Crypto-Tourism
"Bitcoin Valley" Launches in Honduras — 60 Businesses Accept BTC to Boost Crypto-Tourism Bitcoin Valley, the first bitcoin city in Honduras, has launched in Santa Lucia. Business
Ethereum Whales Ramp Up Accumulation By 1.50 Million ETH — Incoming Price Boom?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu