As CEO of one of the world's largest industrial conglomerates, Honeywell 's Vimal Kapur doesn't think about AI like most individuals. "There is always a trend which makes your skills obsolete, every five years," Kapur said at the recent CNBC Evolve: AI Opportunity Summit in New York City. The AI opportunity for Honeywell is creating a new labor pool that can learn and work alongside AI and accumulate and deploy institutional knowledge much faster. "The future belongs to companies with 'first-order' data sets," he told CNBC "Closing Bell Overtime" anchor Jon Fortt at the Evolve: AI Opportunity event. "Data and data sets are the next frontier for AI," Delangue said.

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Persons: Kapur, It's, it's, Jake Loosararian, Jon Fortt, Clément Delangue, Delangue, Katherine Forrest, Paul, Weiss, Garrison, Honeywell's Kapur Organizations: Honeywell, Labor, Nvidia, Gecko Robotics, CNBC, Amazon, Google Locations: New York City, industrials, Rifkind, Wharton