AI is a hot topic on Wall Street—but it’s also one of the most divisive. Experts in the field, including Big Tech leaders, start-up founders and computer scientists, can’t seem to agree on whether the technology—which sparked an investing frenzy after OpenAI’s ChatGPT became a mainstream phenomenon—will save humanity or destroy it.
Only one thing is likely, says Peter Orszag, one of President Barack Obama's former top advisors and now a top Wall Street CEO: they're all probably wrong. Speaking at at Fortune’s Global Forum in Abu Dhabi on Wednesday, the Lazard CEO hazarded a few predictions himself, but only after he said: “With any big new technology, comments that are made at this kind of stage with regard to what then subsequently happens are invariably wrong."
