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Quote: Epictetus

29 Aug 2021

20210825_GlobalAdvisors_Marketing_Quote_Epictetus_AR

“Wealth consists not in having great possessions, but in having few wants.” – Epictetus

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"Unfortunately, I see no strong reason to believe AI will preferentially or structurally advance democracy and peace, in the same way that I think it will structurally advance human health and alleviate poverty."

"Both AI companies and developed world policymakers will need to do their part to ensure that the developing world is not left out; the moral imperative is too great."

"If we want #AI to favor #democracy and individual #rights, we are going to have to fight for that outcome."

"It’s my guess that powerful AI could at least 10x the rate of these discoveries, giving us the next 50-100 years of biological progress in 5-10 years."

“I think that most people are underestimating just how radical the upside of AI could be, just as I think most people are underestimating how bad the risks could be.”

“Build a company that benefits from the model getting better and better ... I encourage people to be aligned with that.”

Our #Spotify #podcast - https://globaladvisors.biz/spDDPod - explores why most #mergers and #acquisitions fail to create value and provides a practical guide to performing a strategic due diligence process.

“Building a business - man that's the brass ring: the rules still apply. You can do it faster than ever before and better than ever before, but you still have to build a business.”

"We're making this analogy that AI is the new electricity. Electricity transformed industries: agriculture, transportation, communication, manufacturing."

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