 AI is potentially the most powerful technology that we've ever created and it's going to create the next form of civilization. The real opportunity for AI is how we can actually help the 7 billion people that could benefit from these technologies in a practical way. There is a lot of concern about AI potentially leading to a dystopian future. But AI also has the potential of really helping humanity solve some of the fundamental problems. An extraordinary possibility of accelerating solutions in the time we have to solve the problems. We're writing the rulebook for how this technology will go into the world and we need more examples showing how artificial intelligence can create the utopias that we want to build. We need something like XPRIZE which looks at what the risks of AI is and tries to mitigate them. So the IBM Watson AI XPRIZE matters because it serves as a proof point for the AI for good dialogue. The AI XPRIZE is a five million dollar competition sponsored by IBM Watson that challenges teams from all around the world to use AI for good. We have 34 different teams with 34 different problems all using AI to solve them. Each of the competitors is actually bringing that grand challenge to the table and saying this is the biggest problem that's facing humanity and this is why my technology can solve it. We are working on AI system that can do research for us and with us and help us make sense of all of that information that exists in the world. Developing a system to prevent opioid relapses. A tool that helps doctors and patients better understand depression. And this is something that only AI can do at this point. So I really feel that the AI XPRIZE provides a unique opportunity to really collaborate and solve some of the world's grandest challenges. The AI XPRIZE will be awarded next year on stage at TED 2020. Teams are evaluated every year and judges determine who moves forward to the next round. Judges are evaluating the teams across four different metrics. Technical validity, real world impact, scalability, ethics and safety. We launched this prize in 2016. Since that inception the AI for good dialogue has grown a lot. That's partly because of the AI for good global summit that we've partnered on but also because of this competition. So it's been really fascinating to see where AI for good was three years ago and where it is now. Since every team is working on a different problem with a different AI technology, we are inventing new ways of evaluating technologies towards really creating the policy that should govern the systems of the future. It has led to hundreds of teams competing to win the prize and that's led to millions and millions of dollars of investment. As these AI systems are getting better it only stresses the importance of us talking about the ethics behind them and the consequences of what is happening and AI for good and the AI XPRIZE has become the mechanism to do that. We envision a future at XPRIZE where humans and machines can be used to benefit one another and machines are not here to replace us but to supplement us and I think that's what this prize is trying to do. Ultimately we're here on this planet to do good for other people and AI is one of those technologies that are going to be underlying in every single thing that we do in the future.