"AI, Regulation Needed for Safety"
[Asia Economy Reporter Haeyoung Kwon] Elon Musk, CEO of Tesla, has reaffirmed his intention to step down from managing Twitter within this year.
According to major foreign media on the 15th (local time), Musk attended the World Government Summit (WGS) held in Dubai, United Arab Emirates (UAE), via video conference and stated, "The end of this year will be the right time to find someone else to run this company."
This marks the second time in two months since he expressed his intention to resign as Twitter CEO last December.
Musk added, "There is a need to stabilize the organization," and "We need to ensure the organization is healthy and that the product roadmap is clearly designed. I believe we should be in a stable position by the end of the year." He did not mention his successor.
In October last year, Musk acquired Twitter for $44 billion (approximately 57 trillion KRW). Immediately after the acquisition, he laid off half of the employees and suspended numerous media journalists' accounts, sparking various controversies. Due to owner-related risks, Twitter's advertising revenue, which accounts for 89% of its sales, also declined.
Musk also strongly warned about the dangers of artificial intelligence (AI). Although he participated in founding OpenAI, the developer of the AI chatbot 'ChatGPT,' he later resigned from the board and disposed of all his investment shares.
He pointed out, "One of the greatest risks to the future of civilization is AI," adding, "AI has enormous potential and capabilities but also carries significant risks." Regarding ChatGPT, he said, "It has shown how advanced AI has become," but also insisted, "Honestly, we need to regulate AI for safety." He continued, "Regulation may slow down AI development somewhat, but I see that as a good thing."
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