Musk Expects an Apple Car by 2020, Fears One Company's AI Use Even though he thinks Apple started late on building a car, "I think they'll make a good car, and will be successful," he said.

By Matt Hunter

This story originally appeared on CNBC

Bloomberg | Getty Images

In a wide-ranging interview Wednesday night, Tesla CEO Elon Musk said that he expects Apple to have a car available to the public by 2020 -- and there's only one company whose use of artificial intelligence potentially worries him.

Musk's comments came during the Code Conference in Rancho Palo Verdes, California.

Even though he thinks Apple started late on building a car, "I think they'll make a good car, and will be successful," he said.

In contrast, Google, a pioneer in developing autonomous vehicles, worries him less as a competitive threat. "Google's done a great job, but they're not a car company," he said.

Musk also elucidated comments he's made in the past about the potential dangers of artificial intelligence.

"Not all AI futures are benign," he said. In particular, the main danger is that highly evolved technology is exclusively used by a small handful of people to the detriment of humanity as a whole.

When asked if any company today runs the risk of using AI in this manner, Musk paused.

"I won't name names but there's only one."

There's a lot more coverage of the Code Conference at Recode.

Contributor for CNBC

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

'Now Accepting Applications': Elon Musk Is Opening a New Preschool in Texas Called Ad Astra. Here's How to Apply.

The school got an official permit last month to operate with as many as 21 students.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

A New Hampshire City Was Named the Hottest Housing Market in the U.S. This Year. Here's the Top 10 for 2024.

Zillow released its annual lists featuring the top housing markets, small towns, coastal cities, and geographic regions. Here's a look at the top real estate markets and towns in 2024.

Business News

'We're Not Allowed to Own Bitcoin': Crypto Price Drops After U.S. Federal Reserve Head Makes Surprising Statement

Fed Chair Jerome Powell's comments on Bitcoin and rate cuts have rattled cryptocurrency investors.

Franchise 500 Annual Ranking

50 Franchise CMOs Who Are Changing the Game

Get to know the industry's most influential marketing power players.