Of all the corporate buzzwords, artificial intelligence is by far the one on the lips of every major corporate leader at this year’s World Economic Forum meeting in Davos, Switzerland.

Many CEOs of big-name companies and investors in industries ranging from financial services to marketing have spoken out about the potential of AI technology. Here is a collection of quotes from some of the top business leaders attending the World Economic Forum’s annual meeting this week:

Khaldoun Al Mubarak, CEO of Abu Dhabi sovereign wealth fund Mubadala, told CNBC that he believes the world has not yet fully realized how much artificial intelligence will transform every aspect of human life:

“The demand is going to be very high in terms of enabling that technology. So, the technology, enabling AI, which is the infrastructure aspect of it — whether that’s energy, transportation, energy, but also everything forms of technology, energy technology that “It will help feed this huge demand, and I would also add to the data center building and chip building.”

Larry Summers, an American economist who served as the 71st US Secretary of the Treasury, said on a panel moderated by CNBC that “a moment of astonishing technological possibilities” — including emerging artificial intelligence systems — is driving unprecedented innovations in fields such as medical science. :

“I believe that artificial intelligence will be the ultimate for the Internet, as the computer was for the calculator. It is a moment of amazing technological possibility. This does not mean that everything will automatically be fine… It is a moment of epic challenge for governments in My country and governments everywhere.”

Nicola Mendelsohn, head of the global business group at Facebook’s parent company deadHe said advertisers at the tech giant are already seeing a return on their investments in artificial intelligence.

“The majority of our advertisers are using one of our products, or our feature set…so, AI is at the heart of everything, and especially generative AI is at the forefront as well,” she said.

Richard Edelman, president of Edelman, said he believes AI has the potential to empower workers and speed up productivity — but warned of the risk of AI “dismissal” if business leaders don’t improve employee skills:

“The biggest risk is AI rejection… We need to accept this by making sure everyone is reskilled. I’m doing this like crazy in our company. You have to use this. You have to try it. I think AI is the great hope for optimism, and I think it’s a great opportunity.” Because it will improve our ability to work, it will empower you to be smarter, better and faster.

Sander van’t Noordeinde, CEO of Human Resources Randstadwarned of the risks of job disruption posed by artificial intelligence, saying that he sees jobs in the fields of design and management as being most at risk:

“If you look at the jobs that are kind of going away, anything that involves ’employee’ or ‘designer’ or ‘executive assistants’, that’s under a lot of pressure. [There are] A lot of new jobs in technology, security, AI… There will be new jobs, there are a lot of jobs still to be done, in healthcare, technology, hospitality, all kinds of jobs where there is no AI. “It doesn’t really help,” he said.

Arthur Mensch, CEO of French AI company Mistral, said there is a competitive race underway among world governments to lead the way in artificial intelligence:

“This is an industrial revolution. It will reshape our industries in the next 10 years. And we need – the industry needs – to embrace it as quickly as possible because it is a really competitive market… It has been interesting to talk to departments that are also looking for sovereign solutions. We are the only ones who can Delivering it, so I would say this is a challenge and an opportunity, but what it shows effectively is that if you’re not thinking about AI today and how it’s going to change your business, you’re doing it wrong.”

Mensch also spoke about the technological advances that will come to the AI ​​industry this year, predicting that the world will do so Stay away from language models like OpenAI’s GPT To more comprehensive systems:

“I think the focus has to shift to systems. Models are part of systems, but systems are connected to data, connected to tools, able to do things for you, able to act in an efficient way… This is where he added that this also means that the industry that… It will work to extract its experiences in those systems.

Mistral is backed by the American technology giant Microsoft – She is also an investor in OpenAI, the company behind ChatGPT.

Anthropic CEO Dario Amodei told CNBC on Tuesday that he sees AI tools eventually becoming better than humans at almost every task:

“At some point, we’re going to have AIs that are better than almost all humans at almost all tasks,” he said. “The term I used in a recent article I wrote is, ‘The country of geniuses in the data center.’ “It’s an evocative phrase for all the powerful, positive things and all the potentially negative things,” he said. “And that’s the thing I think we’re likely to get in the next two or three years.”

Anthropic is a competitor to OpenAI. And he counts proverbs Amazon and Google As investors.

Lloyds Banking Group CEO Charlie Nunn praised the UK Government advertisement Last week of a bold plan to expand the national computing infrastructure to boost the development of domestic artificial intelligence:

“AI is at the heart of what we do. I really welcome what the government has just done. Keir Starmer talked about AI being a bigger part of the future. We certainly believe that is true in financial services. It enables us to protect customers and help them get more from Their financial services and I think the exciting part that’s coming is that it will enable us to really differentiate what we can do, and enable customers to have different experiences from banking and from their financial services provider who we are,” he said.

Dennis Machwell, CEO of human resources group Adecco, told CNBC on Wednesday that he sees AI leading to better productivity among the global workforce:

“It is an opportunity and a responsibility at the same time. It is an opportunity because it will create better productivity and it will create more innovation and certainly growth,” he said.

He watches: What is the World Economic Forum?