It’s no secret that Bill Gates is bullish on artificial intelligence, but he’s now predicting that the technology will be transformative for everyone within the next five years.
The rise of AI has elicited fear that the technology will eliminate millions of jobs around the world. The International Monetary Fund this week reported that about 40% of jobs around the world could be affected by the rise of AI.
Gates doesn’t necessarily disagree with that notion, but he believes history shows with every new technology comes fear and then new opportunity.
“As we had [with] agricultural productivity in 1900, people were like ‘Hey, what are people going to do?’ In fact, a lot of new things, a lot of new job categories were created and we’re way better off than when everybody was doing farm work,” Gates said. “This will be like that.”Since there’s isn’t a need for “much new hardware,” Gates […]
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