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.

Microprocessors were instantly attractive to us because you could build something for a fraction of the cost of conventional electronics. That's essentially what we did with the Traf-O-Data computer - only it was too narrow and challenging an area to try to build a service business in.

Sometimes a technology is so awe-inspiring that the imagination runs away with it - often far, far away from reality. Robots are like that. A lot of big and ultimately unfulfilled promises were made in robotics early on, based on preliminary successes.

Because of the Internet of Things, we're all going to be connected.

People talk about the age and positioning of a brand, but hell, it's not about that. The global language is digital, and we need to speak the language.