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Altman Says AGI Coming Soon (But Will Change the World Less Than We Think)

Plus Musk wants more control at Tesla before building more AI

Author

Nathaniel Whittemore
January 17, 2024

The AI Breakdown First Five - Wednesday January 17, 2024

Today on the First Five:

  • 5. IMF Says 60% of US Jobs Could Be Impacted by AI

  • 4. PwC Survey: 46% of CEOs Think GenAI Will Increase Profits

  • 3. Deloitte State of Generative AI in the Enterprise Report

  • 2. Musk Wants 25% Control of Tesla Before Building More AI

  • 1. Altman Says AGI Coming Soon at Davos

5. IMF Says 60% of US Jobs Could Be Impacted by AI

The World Economic Forum in Davos has kicked off and perhaps unsurprisingly, it’s all about AI. It seems like every institution and firm in the world has dropped stats — like the IMF suggesting that 60% of US jobs (and 40% in general globally) will be impacted by AI.

4. PwC Survey: 46% of CEOs Think GenAI Will Increase Profits

In a survey of more than 4700 global CEOs, the thing that rings out most clearly is that AI is going to change things. About half expect it to increase profits in the next 12 months. 25% think it’s going to lead to headcount reductions of 5% or more this year as well.

3. Deloitte State of Generative AI in the Enterprise Report

The final survey in our survey filled first five comes from Deloitte, who found significantly more optimism among business leaders than the headlines might lead us to believe. 62% of respondents said that Generative AI makes them feel excited (compared to just 30% who said “uncertain”).

2. Musk Wants 25% Control of Tesla Before Building More AI

Elon Musk has the chatterboxes chattering with a recent public request to own 25% of Tesla (which would be up from the 13% he currently owns). He says that would give him sufficient control where he can be overruled, but it’s not easy. He said that without this, he doesn’t want to build more advanced AI and robotics there.

1. Altman Says AGI Coming Soon at Davos (But Will Change Less Than We Think)

Here’s a spicy take. Being interviewed at Davos, Sam Altman said that AGI is coming in the “close-ish future” but that he actually thinks it will change the world “much less than we all think.” Do you think he’s actually changed his perspective here, or is he just trying to tamp down the narrative?

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