American businessman Elon Musk has expressed his concerns about the rapid development of artificial intelligence currently. He made this statement at a New York Times event, saying, "I have faced problems and difficulty sleeping due to my fears regarding artificial intelligence." He pointed out that in the next three years, artificial intelligence will "be capable of writing a good novel like J.K. Rowling, for example," or creating new technology or opening a new branch in physics. Musk has previously stated that he considers artificial intelligence a potential threat to humanity's existence. He compared this rapidly evolving technology to a "double-edged sword" that can be used for harm as well as for good.