IBM CEO

$1.5 Trillion Bets: IBM CEO Sounds Alarm on AI Spending, Says Current Tech Has 0-1% Chance of AGI

The global race to dominate artificial intelligence (AI) has reached unprecedented levels, with companies and governments pouring an estimated $1.5 trillion into AI-related investments. However, IBM CEO Arvind Krishna has sounded a cautionary note, warning that despite the massive spending, current AI technologies have only a 0-1% chance of achieving Artificial General Intelligence (AGI) in…

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JPMorgan

‘Stop Sticking Your Heads in the Sand’: JPMorgan CEO Jamie Dimon Warns AI Will Eliminate Jobs

JPMorgan Chase CEO Jamie Dimon has issued a stark warning about the disruptive potential of artificial intelligence (AI), urging businesses, policymakers, and workers to prepare for a future where millions of jobs could be eliminated. Dimon’s remarks, delivered in a candid tone, emphasized that ignoring the transformative impact of AI would be akin to “sticking…

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