AI will create a better world, says Oracle's Ellison | Computer Weekly
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AI will create a better world, says Oracle's Ellison | Computer Weekly
""The smartest people I know are investing fortunes, to be specific, they're investing their fortunes in building and training these AI models. That's how important [and] extraordinary they are," he said. "I think by and large we are going to live much better lives, healthier, longer lives, eat better food, live in better houses. It should be a much better world because these tools are so enormously powerful [although] some of the things they will do are a little bit shocking.""
""What will change the world is when we start using these remarkable electronic brains to solve humanity's most difficult and enduring problems," said Ellison."
Oracle frames two primary AI opportunities: training on public data and reasoning on private data. Training on public data is described as the fastest-growing business opportunity, potentially exceeding historic industrial shifts. Reasoning on private data is positioned as more valuable, supported by Oracle's long-established database holdings. AI applications are expected to address difficult human problems and improve quality of life, health, longevity, food and housing, while also producing some surprising outcomes. Some companies are misrepresenting themselves as AI firms. Oracle is positioning itself publicly as an AI leader.
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