Google boss Eric Schmidt says artificial intelligence is going to rule the next 5 years

Google's billionaire executive chairman Eric Schmidt says he's seen the future of wealth creation from the IT industry, and its name is "machine learning." "This is the next transformation," Schmidt said during a keynote speech during Google's Cloud Computing Platform tech conference on Wednesday in San Francisco. "I'm a programmer who sort of got lucky at Google," he continued. "But the programming paradigm is changing. Instead of programming a computer, you teach a computer to learn something and it does what you want."