AI Set to Trigger Surge in Economic Growth

AI Set to Trigger Surge in Economic Growth

In this piece, Mustafa Suleyman discusses the pivotal moment in history when the fields of Artificial Intelligence (AI), Robotics, and Biotechnology merge. He also underscores the actions that need to be taken by individuals in anticipation of this convergence.

Mustafa Suleyman is a notable figure in the world of technology. He co-founded the London-based company, Deepminds, which was instrumental in achieving several pivotal breakthroughs in the development of AI. In 2016, the company’s AI system, AlphaGo, made headlines by defeating the world board game champion Go Lee Sedol. The upgraded version, AlphaGo Plus, was even more impressive – it taught itself the game without any pre-fed data and managed to beat its predecessor in 100 out of 100 games.

Deepminds further demonstrated the power of AI in 2021 by using AlphaFold to simulate the folding of all 200 million known proteins, contributing significantly to science. In 2022, Suleyman went on to establish another company called InflectionAI. This company introduced a chatbot named Pi.ai, designed to converse with more empathy than its competitor, Chat-GPT.

In his book, “The Coming Wave”, translated into German by Andreas Wirthensohn and published by CH Beck in Munich in 2024, Suleyman, along with co-author Michael Bhaskar, caution about the emergence of future technologies. They argue that AI, Robotics, and Biotech will converge into a massive wave that humanity may struggle to cope with. Suleyman expressed his insights and responses via email.