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Hi, you're listening to Business Daily on the BBC World Service. I'm the BBC's economics editor,

Faisal Islam, and today I'm speaking to the CEO of Google, Sundar Pichai. In an exclusive interview

with the BBC at the company's headquarters in California,

he tells me society needs to prepare itself for rapid advances in artificial intelligence.

I would encourage the next generation to embrace the technology, learn to use it in the context of what you do.

The job market's changing and even CEOs aren't immune.

Could an AI agent do your job at some point?

I think what a CEO does is maybe one of the easier things to, maybe for an AI to do one day.

But these big tech developments need copious amounts of power and and right now, it's not available.

AI is dramatically increasing demand for energy in a way that the current systems can't fully cope up,

but that is driving extraordinary investments.

Tech bubbles, billionaires, and the pursuit of progress.

That's all coming up in today's program.

Industrial consultant Rex Malick feels the business world's pulse from his bedside.

Stock prices and market trends are available to him through Europe's first home computer terminal.

Computing technology has made numerous breakthroughs throughout its history,

shaping how we live, work and interact with the world.

They're simple to operate, and experts predict that in 20 years' time,

all new houses will be built with special computer points.

Imagine a world where every word ever written, every picture ever painted,

and every film ever shot could be viewed instantly in your home via an information super highway.

...