The kind of AI Musk referred to in his statements is known as unfriendly-AI, like the AI seen in the Terminator series of movies. artificial_intelligence2 Already one can notice AI more and more in our daily lives in the form of small robots for re-creation or to help around the house, as well as giant robotic arms used in automobile factories. There has also been a surge in drones of late. Reason? the costs being reduced dramatically and also the availability of help on the Internet. It was only recently that an AI in the form of a chatbot was able to beat the Turing Test – the first time any AI ever managed to do so. True AI, however, like the kind feared by Musk, has a long way to go.
Source: http://anonhq.com/founder-paypal-afraid-artificial-intelligence-calls-regulation/