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Eric Schmidt | Executive Chairman, Google
Schmidt says the concerns about AI are natural, but that "they're also misguided." Google clearly has a lot to gain from the improvement of AI, but Schmidt says not to fear the future of AI.
"Go back to the history of the loom," Schmidt says
. "There was absolute dislocation, but I think all of us are better off with more mechanized ways of getting clothes made."
He adds, "There's lots of evidence that when computers show up, wages go up. There's lots of evidence that people who work with computers are paid more than people without."