AWS estimates that 52% of businesses are using AI in some way – with a new business adopting it at a rate of one a minute. Mr Garman said this is a good thing.
"AI is one of the most transformative technologies since the internet. It's going to have a significant effect on almost every part of our lives."
He said he understands why many are nervous.
"With any technology that is sufficiently new or hard to understand, people are probably appropriately scared of it initially, until they better understand it so that initial response is not particularly surprising."
He added that he "would caution against" international regulation.
"The technology is moving at such a rate that I don't believe there's the knowledge of the folks that are building those regulations are going to be able to keep up.
"I think the most likely case is that those regulations would accomplish the exact inverse thing they are trying to do."
However, he admitted he thinks a lot about the responsibility of releasing AI into the world.
"Anytime you're building that much of a transformational technology, its important to think about those controls and guardrails so that it can go towards the betterment of society not the detriment.
"So absolutely. I think a ton about that, for sure."