as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain the concept of ai singularity.
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artificial intelligence (ai) singularity is the hypothetical moment in time when ai surpasses human intelligence and rapidly advances on its own. at this moment, ai could be capable of completing complex tasks with minimal input from people. this could result in rapid advancements in technology and society, potentially changing the way humans live, work and interact with machines.
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