I have to agree with Mr. Putin. My own take on AI is that, while nothing will replace human intuition, AI could take us to an advanced stage of tool use. AI could be the greatest tool for the 4th industrial revolution.
However, the danger of AI is unique to other tools, because it has the opportunity to also become more than our tool, it may also become our master. I know of only one force that is both smart enough and also short-sighted enough to allow humans to become slaves to their own tools and that is the power of the "profit incentive."
I hope our desire for wisdom keeps pace with our desire to better our economic well-being. Developing the latter without the former can lead to the most disastrous policies.
On Russian Knowledge Day in September 2017, Putin said, "Artificial intelligence is the future, not only for Russia, but for all humankind. It comes with colossal opportunities, but also threats that are difficult to forecast. Whoever becomes the leader in this sphere will become the ruler of the world." Similarly, Putin heeded a warning that one day soon mankind will break the genetic code and create something that could be “worse than a nuclear bomb”, when speaking to students at the International Youth Festival in Sochi on October 21, 2017. Both technologies can be used to further the developmental progress of humankind – however, as they say, with great power comes great responsibility. It is imperative not to misuse the new technologies, that is to use them in a destructive way, which can occur, amongst other things, if there is a monopoly on them. He emphasised, that should Russia become the world leader in such spheres – it will continue to share its technological knowledge with the world, the way it does in the nuclear sphere today." - Translated by Inessa S.
Further reading into DNA technology reveals a Pandora's Box opening, ripe for misuse - "CRISPR technology is a simple yet powerful tool for editing genomes. It allows researchers to easily alter DNA sequences and modify gene function. Its many potential applications include correcting genetic defects, treating and preventing the spread of diseases and improving crops. However, its promise also raises ethical concerns." https://www.livescience.com/58790-crispr-explained.html