Elon Musk Prefers Artificial Intelligence Over Cryptocurrency

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  • Elon Musk declared his preference for AI over cryptocurrency.
  • The Twitter CEO previously talked about the necessity of regulations on AI.
  • The risks of advancing AI have also been discussed by Musk.

The business magnate Elon Musk, the owner and CEO of the social network platform Twitter, recently announced his preference for Artificial Intelligence (AI) over cryptocurrencies.

On March 3, Musk shared a Twitter thread on his official page declaring “I used to be in crypto, but now I got interested in AI”:

In recent days, Musk, after a detailed discussion on AI, shared his concerns and anxieties about its “great danger”, pointing out that “AI stresses me [him] out”. He said:

“It’s both positive or negative and has great promise, great capability. But, he stressed that “with that comes great danger.

According to Musk, the advancement of AI is a matter of greatest concern, as it is “one of the biggest risks to the future of civilization”, for which he suggested the necessity of regulation: 

I think we need to regulate AI safety, frankly. It is, I think, actually a bigger risk to society than cars or planes or medicine.

In addition, he commented that though the regulation of AI might result in its “slow” establishment, it would have a more positive impact in reducing the risks of AI.

Furthermore, Musk shared his views on “how advanced AI has become”, claiming that it is accessible to most people as it doesn’t have a user interface.

Responding to Musk’s tweets, the Twitter community raised various concerns and doubts regarding the fast growth of AI. The blockchain architect Jagdeep Sidhu checked with Musk about the ways in which AI could be made responsible, efficient, and fast.

Interestingly, many tweeters shared their perspectives on both crypto and AI, questioning Musk why he wouldn’t go for both, instead of prioritizing AI.

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