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AI will impact everything in our lives in five years, says IBM CEO

But will it go evil and take over the world? Not if we teach it correctly, says Ginni Rometty, who comments on the idea of bringing IBM's own digital assistant to consumers.

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IBM CEO Ginni Rometty discusses AI at the Code conference.

Asa Mathat / Recode

There's Apple's Siri, Microsoft's Cortana and Amazon's Echo who serve as digital assistants in the home. Don't hold your breath for IBM's Watson to make an appearance anytime soon.

IBM would prefer Watson, which garnered the spotlight when it competed -- and bested -- two "Jeopardy" champs on the popular television game show, to remain open so others could build devices and products that take advantage of its intelligence, said IBM CEO Ginny Rometty. Still, she believes artificial intelligence will have a big impact down the line.

"There's no doubt in my mind that cognitive AI will impact everything in our lives in five years," Rometty said on Wednesday at Re/Code's Code conference in Ranchos Palos Verdes, California.

She noted that Watson is already behind services run by other companies, including insurance provider Geico. Other companies are bringing their own proprietary data and plugging it into Watson.

When asked about the threat of AI turning evil and taking over the world, Rometty said it's all about how you teach the AI and who does the training.

"This idea of knowing which way to go is really important and who does the training is important," she said.

But she did concede that smarter intelligence in computers will lead to some folks losing their jobs.

"You're not going to stop it," she said. "The trend is going to keep moving."