Elon Musk, the billionaire, believes that artificial general intelligence (AGI) will be the most significant event in human history and that it will occur after five years in the AI space.

He emphasized the importance of regulating and overseeing the development of AI, particularly AGI, which he believes has the potential to be dangerous on a civilizational level. Musk recommended a policy of "insight followed by oversight" for regulating the industry, with consultation from industry groups.

He also spoke about China's willingness to collaborate with international groups to work positively on AI regulation, despite the low trust environment between China and the United States.