A Wharton professor predicts artificial general intelligence will arrive by 2024, sparking an economic boom

The article discusses the predictions of Ethan Mollick, a professor at the Wharton School of the University of Pennsylvania, regarding the development of artificial general intelligence (AGI). Mollick believes that AGI, which refers to AI systems with human-level intelligence across multiple domains, will be achieved by 2024. He argues that AGI will lead to an economic boom, with the potential to increase global GDP by over $50 trillion annually. Mollick cites the rapid progress in AI capabilities, particularly in areas like natural language processing and image recognition, as evidence supporting his prediction. However, he acknowledges the uncertainty surrounding AGI development and the potential risks associated with such powerful technology. The article also mentions the views of other experts who are more skeptical about the timeline for AGI, suggesting it may take longer or even be impossible to achieve. Overall, the article highlights the ongoing debate and anticipation surrounding the development of AGI and its potential impact on the global economy.

Source: https://www.businessinsider.com/artificial-general-intelligence-prediction-ethan-mollick-2024-12