Joe Tsai, Mark Benioff and other tech leaders talked to AI in Convar Live

The future of Artificial Intelligence is a major topic of dialogue between global technology and business leaders in CNBC’s Convaves Live in Singapore.

The owners of several large names company spoke on AI’s ability and discussed how the future of work and productivity is expected to affect.

Here is a compilation of quotes of some of the top corporate leaders participating in convergence this week:

President of e-commerce giant Joe Tsai AlibabaTalked about how AI can increase productivity and increase global GDP, “at least $ 10 trillion, if not larger, with a total addressable market.

“If you look at AI, what it does? It actually improves human productivity,” he said, given that Alibaba can benefit greatly from the deployment of AI within its own business.

Tsai also discussed how the release of Chinese AI Start-up Dipsek’s open-sourced R1 model in January influenced the global AI Space and “spread the applications”.

“I think the so -called deepsek moment is not really about whether China has better AI than the US, or vice versa. It is actually about the power of the open source,” he said.

“Once you open the model, people can take the model and deploy it on their own infrastructure, whether it is in the data center or your laptop computer, suddenly you have AI power on your fingers.”

He said, “Now you have small companies and big companies and corporations and individuals and are the individuals and entrepreneurs who develop on the top of these open source (model), so the AI ​​game is not left for the world’s five richest companies that can invest like $ 50 billion per year.”

Dean Karignan, AI Innovation led MicrosoftDiscussed the concept of “human-focused AI” and how it can help improve the future of the workplace.

“Human-focused AI means starting with the user and asking first: What should AI do?

Kariganon also said that AI can help improve human productivity rather than repeating it.

“We like to talk about human-AE supplement and workflow thinking, where an AI can overcome the work of work and allow human beings to provide things that only one person can: creativity, innovation, coalition building, inspiration, inspiring others.”

Gai Didric, SVP and Global Innovation Officer CiscoDiscussed the importance of AI companies providing confidence in space.

“Trust is the founder for us to move forward … until you are trusted, you do not get access to data (for AI), and the way you trust in our industry, it is to provide security and be transparent.”

Didric also discussed how the up-skill of a company should be agitated with AI’s rapid innovation.

He said, “Now, we are in AI Micro Edge, or AI Moments. Over the next few years, AI is going to be embedded in all things we do. We are going to take it,” he said. “Be prepared for skills at the speed of innovation. Otherwise, your people will never be as productive as they can.”

HP’s Chief Strategy Officer Ganesh Rasiah told Kanvereg Live about the effect that AI could be on the job market.

He said, “Some jobs are being abolished. I think this is to be expected, but we do not overcome a world that has a very high level of unemployment,” he said.

Instead, such as AI abilities become more accessible, there will be an explosion in demand and change in the nature of work, “he said.” There is an element of democratization that is bringing AI, which I think is very big. I see it as being capable of tide that raises all boats. ,

Kamal Bhatia, president and CEO of Principal Asset Management, described the rise of Deepsek as “quite amazing”.

“I will describe it as innovation under adversity,” he said.

He said that investors can remember that if he feels that innovation only happens when capital is present, he said. “What the use of China proves … can you really expand innovation without capital,” he said. “With adversity, you can actually jump.”

Mark Benioff, CEO of enterprise software giant salesforce, referred to the number of “multi -100 billion” investments in data centers in recent months as campaigning around AI has increased.

“I think you have only seen with Deepsak, and with Alibaba, with their covane model, it’s not you need such technology. So I think I have to see it again. What are you doing really and why are you doing it?” He said about the huge data center investment.

“You can also go into a group-thought in technology, and this idea-what they need it? Well, perhaps they do, but perhaps they don’t even do it.”