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<h3>The Dawn of AI: Igniting a New Era of Progress and Opportunity</h3>

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In a compelling keynote address at the Lisbon 2024 tech conference, Microsoft President Brad Smith addressed the transformative potential of artificial intelligence, positioning it as the next groundbreaking general-purpose technology (GPT). Drawing parallels with historical GPTs like electricity, Mr. Smith emphasized that AI&#8217;s true power lies not just in its cutting-edge capabilities but in its widespread adoption and integration across all sectors of society.

Mr. Smith highlighted the importance of a robust AI tech stack, likening it to the infrastructure that enabled electricity to revolutionize industries. He outlined Microsoft&#8217;s commitment to building this stack, encompassing infrastructure (data centers), a platform layer (foundation models, data, and services), and a thriving application ecosystem. This approach, he argued, empowers startups and developers to leverage AI&#8217;s capabilities and drive innovation across various fields.

Beyond economic growth, Mr. Smith stressed the ethical imperative of responsible AI development. He advocated for prioritizing trust, security, privacy, and sustainability, ensuring that AI benefits all of humanity. He cited Microsoft&#8217;s initiatives, such as the AI for Startups program and investments in carbon-free energy, as examples of their commitment to building a better future with AI.

Mr. Smith concluded his address with a call to action, urging the tech community to work together in making AI accessible and affordable globally. He emphasized the need to learn from past technological disparities, citing the lack of electricity access for millions worldwide. By embracing a collaborative and ethical approach, Mr. Smith believes that AI can usher in a new era of progress, opportunity, and a better world for all.

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