actor and entrepreneur Ashton Kutcher warns companies not to take artificial intelligence growth seriously. Kutcher believes artificial intelligence presents a significant investment opportunity and is investing in the area because:
what happened: Kutcher made a name for himself as an actor in shows like ‘That ’70s Show,’ ‘Punk’d,’ ‘Two and a Half Men,’ and movies like ‘Dude, Where’s My Car?’ and “just married.”
Kutcher is also a successful investor, having previously invested in companies such as: Airbnb Inc. (NASDAQ: ABNB), Uber Technologies (NYSE:UBER) and Spotify technology (NYSE:SPOT) before going public.
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The actor famously turned $30 million into $250 million by investing in companies he believed in and using a set of guidelines to make investment decisions.
“I don’t believe in the old cliché that good things come to those who wait. rice field.
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Following his previous investments in technology, Mr. Kutcher is now investing heavily in companies looking to transform with the growth of artificial intelligence.
speak on the panel of Milken Global Conference This week, Kutcher shared his thoughts on the company’s pause in artificial intelligence.
“If you’re a company and you’re put down by this, you’re probably going out of business,” Kutcher said. “From a utilization standpoint, this is very good and very powerful.”
According to Business Insider, Kutcher said artificial intelligence tools such as ChatGPT have the “power” and “potential” to benefit humanity.
The actor and entrepreneur says artificial intelligence will bring promise and potential to many industries.
One industry Kutcher highlights is education, where large-scale language models can be used to deconstruct complex concepts and make it easier for students to learn.
“The ability to have an always-on tutor that is personalized to you is an extraordinary advantage. , children, there will be people.”
During the panel discussion, Kutcher also highlighted several other areas that could benefit from artificial intelligence.
“We will have personalized medicine. We will have personalized laws. We will have personalized education. We will personalize everything.”
Kutcher also believes artificial intelligence can help level the playing field and make it cheaper for those who can’t afford legal services.
“I see AI as being fair and inclusive at scale.”
Related Link: ChatGPT makes mistakes but is very good compared to humans, says OpenAI co-founder
Important reasons: technology giant Microsoft (NASDAQ:MSFT) made headlines after investing $10 billion Open AIParent company of ChatGPT.
Microsoft plans to use ChatGPT to grow market share of the Bing search engine alongside other growth initiatives.
Kutcher had invested in OpenAI through his investment arm, Sound Ventures. He also said he’s looking to invest in more artificial intelligence companies, with the money coming out of his mouth in recent comments.
“We believe this could be the most important technology we have experienced since the advent of the internet. It has the power to transform business and everyday life.”
Sound Ventures is a venture capital firm co-founded by Mr. Kutcher. Guy OsearyAs Variety reported, it recently closed its new artificial intelligence fund. According to reports, the fund has raised $240 million and has been flooded with applications.
Sound Ventures AI Fund Investing in OpenAI, Anthropic and Stability AIThe fund is looking to invest in “category-defining” artificial intelligence companies.
According to Variety, the Sound Ventures team has experience in technology and entertainment, two sectors at the heart of generative AI.
“We expect AI to play an influential role in everything we do, including entertainment, an industry we are familiar with. We will be at the forefront of powerful innovation, and Sound Ventures is thrilled to bring our unique experience and connectivity to responsibly support these AI-powered platforms.
Sound Ventures manages over $1 billion in assets.
Kutcher initially used the money he earned from acting to invest in technology companies.
“I really think technology has the greatest potential to accelerate the happiness of most things in the world. The companies that ultimately succeed are the ones that pursue happiness,” Kutcher previously said.
Kutcher’s previous investments include the aforementioned Airbnb, Uber and Spotify.Investing in actors skype, foursquare, moonpay and NFT Marketplace high seasKutcher’s investment in OpenSea came when the company was valued at $1.5 billion, well below its July 2022 valuation of $13 billion.
While past success doesn’t always guarantee future results, Kutcher has made a series of strong investments, and his commentary on AI and non-AI companies is something investors will watch closely. is needed.
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