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AI Picks and Shovels

Bloomberg Businessweek

The Importance of Capital Allocation in AI

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Philip Siegel: I'm less worried about the scenarios we see in the movies like iRobot or Terminator 2, where the AI becomes sentient and on its own decides it's going to destroy humanity. He is very worried that bad actors are going to use these technologies and are already using these technologies to do bad acts. "I think there are some sectors where they really need to be thinking about especially capital intensive sectors," he says.

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