Artificial intelligence has potential to shape fate of humanity, says Nick Bostrom

It's predicted that sometime in the next 25 years, artificial intelligence machines will match - and in some ways - surpass human intelligence. The potential ripple effects of that are staggering. Corporations and governments are now spending billions of dollars on developing bigger and smarter A.I. technology. Their goal is to create machines that think for themselves. But some warn it could go terribly wrong, and the warning is being sounded by the likes of Bill Gates, Elon Musk and Stephen Hawking. Philosopher and technologist Nick Bostrom is one of the world's big thinkers on artificial intelligence or A.I. He's the founding director of the Future of Humanity Institute at Oxford university and says, A.I. has the potential to shape the fate of humanity.