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Elon Musk has just announced the formation of X AI on Twitter! His value proposition for the new company is to "understand the true nature of the universe."
The general value proposition doesn't give us information about X AI and why Elon Musk could have formed the company. Still, we can make an educated guess as to X AI's intention based on his investments in the past. Below are the potential reasons why he set up the company.
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From his early days as an entrepreneur, he believed in principle that AI could revolutionise every area of our lives, from transportation to healthcare.
Therefore, it makes sense that he would recruit experienced engineers and scientists to create a knowledge pool for AI that he can leverage for his other innovations.
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Elon Musk believes he is well-placed to solve global challenges and existential risks by leveraging AI. Therefore, he has made it his mission to mitigate these risks and find innovative solutions actively.
On the X AI website, you see the innovations that the team members have already achieved to date, and they surround the democratisation of AI, healthcare, climate change mitigation, productivity, global AI governance, and AI ethics and safety.
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As iterated earlier, one of the seemingly apparent reasons for the development of X AI is that X AI potentially serves as a quasi Research and Development Department for his other ventures.
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The X AI Team has already set the pace in AI Ethics and Safety, for instance, collaborating with Google DeepMind to support the establishment of global AI governance.
Based on the steps they have already taken as a team before the announcement, it is sure that they will continue collaborating with Google DeepMind and policymakers to participate in establishing principles around AI ethics and safety.
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CURATOR'S NOTE
Elon Musk has just announced the formation of X AI, stating their goal is to "understand the true nature of the universe." Ahead of his Twitter Space meeting this Friday (15th July), where we can all ask questions about it, we can look into why he established the company in the first place.
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