How will AI affect the global economy over the next decade? [Video]

NORFOLK, Va. — We’re getting a better idea of the impact artificial intelligence could have on the global economy over the next decade.

According to controversial tech pioneer Elon Musk, artificial intelligence (AI) will outsmart humans by next year.

It’s the latest prediction of potential danger caused by advancements in AI; many of the world’s top minds believe a cyber security threat may be looming in the not-so-distant future.

13News Now consulted local tech expert and president of Norfolk IT company Mode5, Luke Downing, to get his take on the current state of artificial intelligence.

“Right now we are talking that through with clients, about AI readiness,” said Downing. “But it’s really going to be driven by the software applications people use.”

Many of the applications Downing is referring to are vulnerable from a …