AI as a Tool: Mark Cuban's Views on Success

Published On Sat Mar 29 2025
AI as a Tool: Mark Cuban's Views on Success

Mark Cuban: Don't rely on ChatGPT to do all your work for you—'AI is a tool, not the answer'

According to billionaire investor Mark Cuban, artificial intelligence is an essential tool for success, especially for young people. However, Cuban emphasizes that AI should not be seen as a replacement for hard work and personal input.

The Role of AI in Success

Cuban believes that AI works best when individuals already possess the necessary experience to validate and enhance the results generated by AI. Simply relying on AI to master a skill overnight, such as writing or video editing, can lead to falling behind the competition. Cuban expressed these views during a panel at a SXSW event where he announced the partnership between ABC's "Shark Tank" and the payment processing platform Clover.

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"AI is never the answer; AI is the tool," Cuban stated. While AI can assist in writing scripts and editing videos, it lacks the creativity to determine what makes a story compelling. Cuban advises individuals to leverage their existing skills and allow AI to amplify their work rather than replace it entirely.

Utilizing AI for Professional Growth

Cuban suggests that the key to professional success lies in combining one's skills, talents, and experiences with AI to refine their work processes efficiently. Neglecting AI usage could put individuals at a disadvantage, potentially allowing competitors to gain an edge.

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Leaders of prominent AI companies like OpenAI and Nvidia also rely on AI for tasks such as managing administrative responsibilities and enhancing productivity. For instance, Nvidia's CEO, Jensen Huang, uses AI chatbots to aid in various aspects of his daily routine, including learning about digital biology.

The Future of AI in Personal Development

Huang highlighted the empowerment that AI provides by facilitating learning, programming, analysis, and critical thinking. Embracing AI technology can significantly impact one's capabilities and opportunities for growth.

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Experts like Stanford professor Steve Blank emphasize the importance of leveraging AI as a force multiplier in various endeavors. Blank suggests utilizing AI to explore new business ideas and optimize decision-making processes.

Embracing AI for Career Advancement

According to Cuban, gaining proficiency in AI is a strategic approach to enhancing one's career prospects and potentially increasing earnings. If given the opportunity to start over, Cuban would focus on teaching AI-related skills to peers and businesses to drive innovation and understanding.

Personal development. New skill, upskill and reskill concept

Learning how to develop prompts for AI chatbots and assisting others in utilizing AI tools could be a valuable side hustle, particularly for those interested in technology and innovation.

To explore more insights on starting a side hustle and achieving success, consider taking CNBC's online course on "How to Start a Side Hustle" for practical tips and expert strategies. Sign up today using the coupon code EARLYBIRD for a special introductory discount until April 1, 2025. Stay updated on career and financial advice by subscribing to CNBC Make It's newsletter.