Bangladesh, Jan. 26 -- Tesla and SpaceX CEO Elon Musk has warned that artificial intelligence is advancing at such a rapid pace that it could outperform the combined intelligence of all humans within the next few years, describing the development as both revolutionary and inevitable.

Speaking in a press release on Thursday, Musk said current progress in artificial intelligence suggests that AI systems may become smarter than any individual human by the end of this year, and surpass the collective intelligence of humanity by around 2030 or 2031.

Musk explained that the speed of AI development has exceeded most expectations, noting that improvements in computing power, algorithm efficiency, and data availability are accelerating innovatio...