As leaders, it is incumbent on all of us to make sure we are building a world in which every individual has an opportunity to thrive. Understanding what AI can do and how it fits into your strategy is the beginning, not the end, of that process.

AI has been making tremendous progress in machine translation, self-driving cars, etc. Basically, all the progress I see is in specialised intelligence. It might be hundreds or thousands of years or, if there is an unexpected breakthrough, decades.

Deep-learning will transform every single industry. Healthcare and transportation will be transformed by deep-learning. I want to live in an AI-powered society. When anyone goes to see a doctor, I want AI to help that doctor provide higher quality and lower cost medical service. I want every five-year-old to have a personalised tutor.

Despite all the hype and excitement about AI, it's still extremely limited today relative to what human intelligence is.

I remember when I was at Brandeis, Geoffrey Wolff, he was a great fiction-writing teacher. He was the writer-in-residence, and for those of us who wanted to be writers, you were so excited to be in the same hallway as him.

I came from a traditional immigrant family where education meant there were only a few valid paths: doctor or lawyer - and I didn't want to be either one.

American education is still the wonder of the world, and we must open the schoolhouse doors, not close them.

Only a liberal senator from Massachusetts would say that a 49 percent increase in funding for education was not enough.