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[Robinhood CEO: AI Will Drive Industry Development] At the Token 2049 event in Singapore, Robinhood CEO Vlad Tenev stated that the rapid development of AI should not provoke fear. He recalled the moment in 1997 when AI defeated a chess champion, which initially sparked pessimism. However, today the number of chess masters is double what it was a decade ago, and AI has instead facilitated growth in the field. He believes that the younger generation will find opportunities for development within AI, with software engineering being key. Creativity and enjoyment are the core driving forces for continuous progress.

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