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Hassabis Predicts AI Shift Bigger Than Industrial Age

Bloomberg Markets •
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Demis Hassabis, Google DeepMind's co-founder and CEO, outlined his vision for artificial intelligence's future during a Bloomberg interview at Davos. He discussed foundational model advances, real-world applications, and responsible development. His comments frame AI's potential as an economic force surpassing the Industrial Revolution's impact on markets and business structures.

The discussion comes as AI investment surges, with venture funding and corporate R&D budgets allocating billions to generative AI and automation. Hassabis's perspective carries weight given DeepMind's track record in breakthrough research, from AlphaFold to large language models. Investors watch for signals on which sectors face disruption and where new value will concentrate.

Business leaders must now weigh AI's dual role as productivity engine and competitive threat. Hassabis emphasized responsible development, a critical consideration as regulators worldwide draft rules for AI safety and transparency. The Davos stage highlights how AI's trajectory will shape corporate strategy, talent demands, and global economic competition for years ahead.