We've traditionally thought of intelligence as something mysterious that can only exist in biological organisms, especially humans. But from my perspective as a physicist, intelligence is simply a certain kind of information processing performed by elementary particles moving around, and there's no law of physics that says one can't build machines more intelligent than us in all ways. This suggests that we've only seen the tip of the intelligence iceberg, and that there's an amazing potential to unlock the full intelligence that's latent in nature and use it to help humanity flourish - or flounder. I discuss recent progress both in building AI and in staying on ensuring that it’s societal impact is beneficial, keeping us on the right side of that flourish/flounder balance.