Take-Two CEO Strauss Zelnick is known for being very upfront with media and investors about where he thinks technology, especially around games, is heading.

And during today's earnings call, Zelnick made his thoughts clear on a subject that's recently been popular in tech circles: artificial intelligence, and whether or not it will transform game development.

Zelnick offered a lengthy response to a question about AI technology like ChatGPT, opening by noting his own historic skepticism around overwrough technology hype and saying that while AI stands for artificial intelligence, "there is no such thing as artificial intelligence."

That said, he's "really excited" about the current leaps being made by AI and machine learning, and believes that tools are actively being created that will eventually reduce development costs in gaming.

When asked about this subject, Zelnick acknowledged Take-Two believed in the tech and had, in fact, been an early supporter of recently defunct Google Stadia.

If we can reach more consumers with our properties we're happy to do it as long as the terms make sense, and I think broader distribution over time probably benefits us in any number of ways including the cost of distribution which I believe will go down over time.