Dell brothers on the future of AI: A side-by-side comparison

As tech icons, the Dell brothers boast some of the most seasoned AI insights in massive world of tech. Michael Dell is the founder, chairman, and CEO of Dell Technologies (DELL), one of the world's largest technology infrastructure companies; while his entrepreneurial brother Adam Dell has funded and founded many companies, most recently as CEO of Domain Money, which focuses on using modern tech in financial advising.

Yahoo Finance Executive Editor Brian Sozzi spoke with the Dell brothers on two separate occasions. In this special clip, we bring you side-by-side commentary on their visions and hopes for the future of AI.

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Video Transcript

Coming at you from the NASDAQ.

I'm Yahoo, finance executive editor, Brian Sazi and the host of the Opening Bid podcast.

I recently had the good fortune of interviewing not one but both Dell brothers on separate occasions, Michael Dell, the founder and CEO and chairman of Dell Technologies, as well as Adam Dell, a serial entrepreneur who has founded wealth management platform, domain money with tech and innovation in both of their DNA.

The brothers commented on the future of A I.

So I think back to the internet boom in the late nineties, every, every day, I see a new website seem to pop up doing something.

Does it feel like that?

And have you been surprised by the speed at which A I is taking off?

I think it's, I think it's actually happening faster than the world wide web rule out.

And of course, now we have this incredible foundation of data and infrastructure and capability to inform these systems.

You know, there's a lot of data in the world and it is doubling, you know, roughly every 6 to 7 months.

And as you begin to use these models, as they get better and better Right, right now, the models are, uh, pretty great, but it's the worst they'll ever be, they're only gonna get better.

So, you know, the, the most advanced models in the world today are trained on about one petabyte of data.

We as Dell Technologies will provide our customers this year and last year, about 100 and 20,000 petabytes.

So, you know, quite a bit more than the one petabyte that the most sophisticated model was trained on.

So five years from now, uh you know, the models are way better.

We have agents, we have multi modal, we're using these models against all the data in the world.

That's a very different and exciting future, a future that enables human potential and capability in, you know, uh health care and education in solving all the unsolved problems in the world and driving a lot more uh success in everything that humans endeavor to do.

How does A I change the industry that you're in, in, in terms of financial planning?

There's enormous implications uh to A I uh in, in our world.

Uh document uh parsing uh data extraction is uh already being totally reinvented by A I. Um the, you know, clients upload documents.

Uh uh We're able to extract all the salient information we need using some technologies that basically remove 3 to 5 hours worth of manual work.

Uh We can correlate uh uh various clients data and look at trends across clients much more quickly uh with A I um the whole financial planning software industry, uh money guide pro E money, right?

Capital.

Those solutions are traditional software packages used by wealth management firms.

I think A I is going to completely disrupt that whole ecosystem.

Um You can generate financial plans quite quickly with A I, we use A I as almost an agent to help our advisers generate plans.

But to be clear, it's human beings that generate our financial plans for our clients.