Mark Cuban: World’s 1st trillionaire will be an AI entrepreneurMarch 15, 2017 - 17:35 AMT PanARMENIAN.Net - If you want to become the world's first person to have a net worth with 12 zeros — or $1 trillion — Mark Cuban says artificial intelligence is your industry, according to Business Insider. Cuban, a billionaire entrepreneur and owner of the Dallas Mavericks, spoke at the SXSW festival in Austin, Texas this past weekend, claiming AI held untold wealth for anyone clever enough to tap its true potential. "I am telling you, the world's first trillionaires are going to come from somebody who masters AI and all its derivatives and applies it in ways we never thought of," Cuban said. The person closest to becoming a trillionaire, at least according to public financial records, is Bill Gates, although he is still about $915 billion short of the title. Some research suggests Gates will become the first trillionaire by the mid-2040s just by virtue of his accumulating wealth. Cuban's prophecy at SXSW tracks with his past comments that liberal arts are the ticket to professional success. Rather than learn the ins and outs of finance, Cuban sees critical thinking and problem solving becoming far more valuable in the coming decades. "I would not want to be an accountant right now. I would rather be a philosophy major," he said. However, he did emphasize at the conference the value of studying computer science. "Whatever you are studying right now if you are not getting up to speed on deep learning, neural networks, etc., you lose." Other tech entrepreneurs have said trillionaires are inevitable. Sam Altman, president of Silicon Valley's largest startup accelerator, Y Combinator, told Business Insider in July 2016 that despite how unfair it might seem, "we need to be ready for a world with trillionaires in it." Bob Lord, an inequality analyst and tax attorney, believes the rapid acceleration of wealth will happen sometime in the next 25 to 30 years — and will most likely involving technology that doesn't exist yet. "Someone is going to create something that no one has conceived of before," he told Business Insider. Top stories The creative crew of the Public TV had chosen 13-year-old Malena as a participant of this year's contest. She called on others to also suspend their accounts over the companies’ failure to tackle hate speech. Penderecki was known for his film scores, including for William Friedkin’s “The Exorcist”, Stanley Kubrick’s “The Shining”. The festival made the news public on March 19, saying that “several options are considered in order to preserve its running” Partner news | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |