Ilya Sutskever delivers a convocation speech reflecting on his time at the University of Toronto and the transformative impact of AI. He expresses gratitude for his education and mentors, particularly Geoff Hinton, while acknowledging the university's leading role in AI research. Sutskever advises graduates to accept reality and focus on improvement, addressing the unprecedented challenges and opportunities presented by AI. He posits that AI will eventually match human capabilities, prompting profound questions about its use and societal impact, urging listeners to pay attention to AI's development and contribute to solving the challenges it poses, emphasizing that this is humanity's greatest challenge and reward.