Yahoo Finance published this video item, entitled “Microsoft President discusses the future of AI and regulation” – below is their description.
The generative AI boom has continued to run markets and conversations, whereas the future of AI regulation is still unclear.
Speaking with Yahoo Finance’s Julie Hyman and Brian Sozzi at the World Economic Forum in Davos, Switzerland, Microsoft (MSFT) Vice Chair President Brad Smith discusses the company’s plans to expand its AI capabilities, calling generative AI “the defining technology of our lifetime, certainly this decade without question.”
While acknowledging “there’s always a risk of technology being overhyped,” Smith believes generative AI is truly “transformational,” with the power to fundamentally reshape workflows and daily lives for businesses and consumers. By augmenting Microsoft products with AI tools like Copilot, Smith notes the tech giant’s aim is to make products “more useful for people.”
Asked about rapid AI advancement, Smith doesn’t think it’s progressing too quickly, but stresses the need to move forward with “with safety and innovation at the same speed” through collaborative governance. “Of course, there’s a risk that in some ways regulation will go too far, there always is,” Smith says. However, given social media’s unchecked rise previously, he argues “we don’t want to do that a second time” with AI.
It’s all part of Yahoo Finance’s exclusive coverage from the World Economic Forum in Davos, Switzerland, where our team will speak to top decision-makers as well as preeminent leaders in business, finance, and politics about the world’s most pressing issues and priorities for the coming year.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
Yahoo Finance YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
