Yat Siu, the founder and executive chairman of metaverse upstart Animoca Brands, has led over 200 investments and says of the battle for Web3, “We’re in a bit of a hurry.”
Animoca Brands
Artificial intelligence will disrupt the labor market but should ultimately create more jobs and make creativity much more sought after, according to Animoca Brands co-founder Yat Siu.
“We’re born creative, and we’re losing our creativity to fit into a system because we’re trying to be turned into machines and do actions that are sort of regular,” Siu said in an interview on the sidelines of the SuperAI conference in Singapore.
But humans can maintain that creativity, he said, while machines do the work.
“From an optimistic standpoint, that means we can all be free to be creative, because machines can ultimately deliver what we need to do on that side of things, while we can be truly human,” Siu said.
Animoca, which Siu co-founded in 2014, now has more than 600 companies in its portfolio across gaming, decentralized finance, and real-world assets.
AI is “going to be creating a lot more jobs,” Siu said, though noted that there will be a disruption as well.
“The superpower of an AI is it can code everything,” and its coding skills “will eventually surpass that of humans…. We have a real commoditization on capability and intelligence, which means that the skill has to be about creativity and coordination,” he said.
When asked about Anthropic’s recent warning on the dangers of AI usage, Siu said he falls “on the optimistic side.”
“Most people are going to be using AI in a way that would be beneficial,” he said. “There’ll be a few people that will do bad things, they would have to be stopped, but… this, to me, doesn’t feel like it’s a nuclear arms race.”
