Microsoft president Brad Smith stressed on the need to have guardrails around artificial intelligence.
"It's why we've advocated for not just companies to do the right thing, but new laws and regulations that would ensure that there are safety breaks," Smith told CNBC's Martin Soong on the sidelines of the"We've seen the need for this elsewhere. I mean, just imagine electricity depends on circuit breakers. You put your kids on a school bus, knowing that there is an emergency brake. We've done this before for other technologies.
The Microsoft executive pointed out that AI is a tool that supplements human work, and not one that replaces jobs. "It is a tool that can help people think smarter and faster. The biggest mistake people could make is to think that this is a tool that will enable people to stop thinking," said Smith."The ability to take a Word document and turn it into a PowerPoint slide doesn't mean you shouldn't read your PowerPoint slides before you present them. In fact, you should go in and edit them and make them just perfect.
"It's absolutely not displacing — it's augmenting. The more labor we got, especially if it's not human-based at all, we can create more GDP. We should all feel better about it," said Krishna.
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