Does the acronym AGI inspire the same mix of excitement and terror in you as AI does? Probably not, but that may change soon.
AGI stands for Artificial General Intelligence. The difference between AI and AGI is that Artificial General Intelligence is at least as good as human intelligence for a wide range of tasks that require intelligence.
According Sam Altman, the CEO of OpenAI, AGI is coming this year which means that, for the first time in history, ‘computers will be able to automate the great majority of intellectual labour’.
In other words, many of us were right to worry that artificial intelligence is indeed coming for our jobs.
The ramifications are also significant for investors…
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