Today, Alphabet-parent Google (NASDAQ:GOOGL) CEO Sundar Pichai spoke at the Paris AI Action (WA:ACT) Summit. During his speech, Pichai shared his belief that "AI will be the most profound shift of our lifetimes."
Last week, Google announced approximately $75 billion in capital expenditures for 2025, motivated by driving AI products and capabilities forward. Pichai endorsed the future of AI, positive that it can enable wholly new experiences and enhance pre-existing ones, stating that, "the biggest risk could be missing out."
Going forward, Pichai cited four key factors on how to fully unlock AI’s potential; an enabling of innovation and adoption, infrastructure to support, preparation of the workforce, and both bold advancement tempered with responsible application.
Pichai advocated for understanding of AI’s limitations - warning of issues with accuracy, misapplication, and a potential widening of the "digital divide."
In order to avoid this, the Google CEO stated, "Successful policy: Addresses risks, without stymying innovation, progress and the positive impacts. Draws on existing laws and fills in gaps — rather than creates entirely new laws wholesale. Is aligned across countries... And finally, governments need to take a thoughtful, strategic approach to AI to drive investment in infrastructure, people, and adoption, including by governments themselves."