AI Will Impact GDP of Every Country By Double Digits, Says Mistral CEO

Countries must develop their own artificial intelligence infrastructure or risk significant economic losses as the technology transforms global economies, Mistral CEO Arthur Mensch said last week. "It will have an impact on GDP of every country in the double digits in the coming years," Mensch told the A16z podcast, warning that nations without domestic AI systems would see capital flow elsewhere. The French startup executive compared AI to electricity adoption a century ago. "If you weren't building electricity factories, you were preparing yourself to buy it from your neighbors, which creates dependencies," he said.

Read more of this story at Slashdot.