July 17, 2017 8:19am EDT | Updated ELON MUSK SAYS ARTIFICIAL INTELLIGENCE WILL BEAT HUMANS AT 'EVERYTHING' BY 2030 Musk added that regulation of AI needs to be done now because of the bureaucratic nature of it. “It [regulation] takes forever," Musk said. "That, in the past, has been bad but not something which represented a fundamental risk to the existence of civilization. AI is a fundamental risk to the existence of human civilization.” Musk, along with several other tech luminaries, including Stephen Hawking, have warned about artificial intelligence before. This is believed to be the first time he's called for premptive regulation surrounding the technology. The tech billionaire uses artificial intelligence at Tesla to help usher in autonomous driving and is also the co-founder of OpenAI, which describes itself as a "non-profit AI research company, discovering and enacting the path to safe artificial general intelligence." Musk has also started a company, Neuralink, which is designed to connect the human brain to computer software in an effort to replicate the functions. Get a daily look at what’s developing in science and technology throughout the world. Arrives