AI developments will lead to evolution not revolution, UBS chief says

UBS chief Sergio Ermotti has warned against over-enthusiastic predictions about the pace at which the world is likely to be changed by developments in artificial intelligence, despite acknowledging the technology will likely change the world faster than any rival innovation in history. Speaking at the World Economic Forum in Davos, the Swiss CEO cautioned that the changes brought about by AI will likely be slower than the most optimistic forecast might suggest, as he argued shifts are likely to be gradual d ...