Former Google CEO Eric Schmidt, former Google Senior Vice President Jonathan Rosenberg and Google Executive Communications Director Alan Eagle on Bill Johnsons impact on leadership in Silicon Valley, the leadership strategy at Google and the impact of artificial intelligence on the economy and job market.

FormerGoogleCEO Eric Schmidt andTeslaCEOElon Muskare on the same page when it comes to creating and executing ethicalAI systemsthat wont harm humans. Now, the whole industry is on board because it will be so efficient that economic growth will explode, he told FOX Business on Tuesday.

Im absolutely convinced that theres going to be a huge job shortage, he toldMaria Bartiromoon Tuesday. And by that I mean not enough people to fill thejobsthat are open because of this.

Theres no question that its disruptive, he added. This is not a job killer. This is a job creator.

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Last year, Musk declared that AIwas more dangerous than nuclear weapons and called for regulatory oversight, during the South by Southwest tech conference.

But Schmidt said this is not nuclear.

This stuff is capable of making everything we do more efficient, clearer, better algorithms, more productive in the same way that the personal computer did. This has taken over our whole industry in terms of machine learning, better business algorithms, he said.

In Schmidts opinion, AI can help businesses stay competitive.

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