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On August 19, 2024
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Mark Cuban Says 'Everybody's Chasing Power, And Nothing Will Give You More Power Than Military And AI'
Mark Cuban, the billionaire entrepreneur, had many insights during his recent appearance on The Daily Show. Although he discussed many topics, what stood out were his views on power, the military, and artificial intelligence (AI). Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500. Don't miss out on the next Nvidia - you can invest in the future of AI for only $10. Cuban pointed out that in today's world, everyone is increasingly focused on gaining and maintaining power, "and nothing will give you more power than military and AI," he exclaimed. See Also: Here's the AI-powered startup that turns traders into influencers achieving 12% monthly growth - invest in it at only 10 cents per share. Cuban worries about how technology, particularly AI, is being developed and used. He sees AI as something with a lot of potential but also as something hard to predict: "I've been in technology for a long time, and you can always look at a new tech, PCs, networks, the internet, streaming, whatever, and say, OK, in five years, this is what's going to happen, right, and have a good sense." "With AI, you can't do that," he said, describing the difficulty in knowing exactly where AI will lead us. Trending: Don't miss the real AI boom - here's how to use just $10 to invest in high growth private tech companies. Even though there's a lot we don't know about AI, Cuban is sure that the U.S. is at the forefront of developing it. He believes this is important, not just for business but also for national security. "We are, without question, the leader," he said, stressing how crucial it is for the U.S. to keep that lead. Countries are now competing to be the best at AI to boost their economies and protect their national security. This competition is about having the best tech and who controls the algorithms. Cuban also explained to Stewart how powerful algorithms can be, saying that whoever controls them can easily shape people's opinions and decisions. "If you want to influence somebody, just manipulate the algorithm, and you'll get their attention," he stated. Trending: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500. Cuban's comments about the algorithms align with his tweet last month, in which he said they're potentially steering the outcome of the 2024 election. He explained that artificial intelligence plays a bigger role in the current election season than ever before. Instead of policies or candidates' personalities being the main focus, it's the algorithms that really drive what people see and how they form their opinions. In his words, "The most influential position in politics is that of whoever controls the algorithms for each significant online platform." Trending: This startup's stem cell research aims to reduce reliance on animal testing -- Sees 55% uptick in YTD sales and only costs $3 per share for early investors. Throughout the talk, Cuban stressed that while AI and military power are incredibly strong, we must use them responsibly and have good leadership. He warned that because AI is developing so quickly, we can't predict everything that might happen, but that doesn't stop the race for power from being very intense. Some tech leaders are far more optimistic than Cuban about artificial intelligence. Mark Zuckerberg and Sam Altman are just some Silicon Valley capitalists who see AI as a powerful tool for improving society. Read Next: When today's AI startups go public, most of the rapid growth will be behind them -- here's how not to get left out. Unlock a $400 billion opportunity by investing in the future of EV infrastructure on this startup already valued at $50 million. Market News and Data brought to you by Benzinga APIs
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Mark Cuban On AI's Uncertainty: 'We Have No Idea Whether It's Going To Zig Or Zag'
Cuban compared AI to social media with a relatively short window of analyzing the impact. Entrepreneur Mark Cuban may be recognizable as an investor on "Shark Tank" to many, which might make his opinion on the future of the artificial intelligence sector something investors listen to. What Happened: Cuban's appearance on "The Daily Show" with Jon Stewart on Aug. 12 wasn't just a conversation about basketball and billionaires -- it also delved into the future of artificial intelligence, Donald Trump and Elon Musk. Cuban, who has a long history in technology, expressed both optimism and caution about the future of AI. "I've been in technology for a long time and you can always look at a new tech. PCs, networks, the internet, streaming whatever and say, okay, in five years this is what's going to happen, right?" However, he quickly pointed out that AI is different. "You can't do that with large language models. We have no idea whether it's going to zig or zag, or what the impact is going to be." Cuban said that while the United States currently leads the world in AI advancements, the technology's future is uncertain. "That's the good news and the bad news. The good news is we're dominating right now globally. The bad news is... there's a lot of uncertainty to come." Did You Know? Congress Is Making Huge Investments. Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool Why It's Important: Stewart, skeptical of tech innovations, raised concerns about the potential negative impacts of AI, drawing a parallel with the early promises of social media, noting how those initial hopes have led to unforeseen consequences. Cuban responded by highlighting the relatively short history of social media, noting that it has only been prominent in the last six years and emphasizing that as society continues to engage with it, "we'll learn and we'll evolve. And the same thing will happen with AI," Cuban said. He expressed hope that AI, like previous technologies, would ultimately be a force for good, particularly as younger generations take the lead in defining its future. Cuban's perspective on AI reflects the broader debate about the role of technology in society. While he remains bullish on innovation, he also acknowledges the need for caution and regulation as AI continues to develop and influence our world. Check This Out: Lawmakers Made Huge Investments This Year. Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Image created using artificial intelligence via Midjourney. Market News and Data brought to you by Benzinga APIs
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Billionaire entrepreneur Mark Cuban discusses the intersection of artificial intelligence and military power, highlighting both the potential and unpredictability of AI technology.
Billionaire entrepreneur Mark Cuban has recently shared his thoughts on the growing influence of artificial intelligence (AI) in military applications, emphasizing both its potential and unpredictability. In a series of statements, Cuban highlighted the significant role AI is poised to play in shaping global power dynamics.
Cuban asserted that the combination of military capabilities and AI would provide unprecedented power. "Everybody's chasing power, and nothing will give you more power than military and AI," he stated 1. This perspective underscores the potential for AI to revolutionize military strategies and operations, potentially altering the global balance of power.
Despite his recognition of AI's potential, Cuban also emphasized the technology's inherent unpredictability. "We have no idea whether it's going to zig or zag," he remarked, referring to the uncertain trajectory of AI development 2. This statement reflects the broader concerns within the tech community about the challenges of predicting and controlling AI's evolution.
Cuban's comments raise important questions about the future of global security in an AI-driven world. The integration of AI into military systems could lead to faster decision-making processes, enhanced strategic planning, and more efficient operations. However, the unpredictability factor introduces new risks and challenges for policymakers and military strategists.
The billionaire's insights also touch upon the need for careful consideration of ethical implications and potential regulation of AI in military contexts. As AI systems become more advanced, there is a growing debate about the extent to which these technologies should be incorporated into defense systems and the safeguards needed to prevent unintended consequences.
Cuban's statements highlight the ongoing race in AI research and development, particularly in the context of national security. Countries and organizations investing heavily in AI technology may gain significant advantages, but the uncertain nature of AI progress means that breakthroughs could come from unexpected sources or directions.
The tech industry, including major players and startups, is likely to respond to these trends by increasing focus on AI applications with potential military or security uses. This could lead to a new wave of innovation, but also intensify competition and raise concerns about the militarization of AI technology.
Billionaire entrepreneur Mark Cuban shares his views on the AI hype in Silicon Valley and Donald Trump's political tactics, offering insights into tech industry trends and the upcoming U.S. presidential election.
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