Tuesday, January 16, 2024 –Bill Gates is now predicting that AI technology will be transformative for everyone within the next five years.
The rise of AI raises fears that the technology will
eliminate millions of jobs around the world with the International Monetary
Fund (IMF) reporting this week that about 40% of jobs around the world could be
affected by the rise of AI.
But Gates believes history shows that 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
in an interview with CNN’s Fareed Zakaria on Tuesday.
“This will be like that.”
Gates predicted that AI will make everyone’s lives easier,
especially helping doctors do their paperwork, which is “part of the job they
don’t like, we can make that very efficient.”
Since there’s isn’t a need for “much new hardware,” Gates
said accessing AI will be over “the phone or the PC you already have connected
over the internet connection you already have.”
He also said that the improvements with OpenAI’s ChatGPT-4
were “dramatic” because it can “essentially read and write” thus it’s “almost
like having a white collar worker to be a tutor, to give health advice, to help
write code, to help with technical support calls.” He said that incorporating
that technology into the education or medical sectors will be “fantastic.”
Microsoft has a multibillion-dollar partnership with OpenAI.
Gates is one of Microsoft’s largest shareholders.
“The goal of the Gates
Foundation is to make sure that the delay between benefitting people in poor
countries versus getting to rich countries will make that very short,” Gates
told Zakaria at Davos for the World Economic Forum. “After all, the shortages
of doctors and teachers is way more acute in Africa then it is in the West.”
Gates is worth $140 billion, making him the fourth-richest
person on Earth, according to Bloomberg’s Billionaires Index. But he likely
would still be the world’s richest person if he hadn’t committed to giving away
all of his money.
“I have more than enough
money for my own consumption,” Gates said when Zakaria asked how philanthropic
efforts are going. “I’m getting myself to go down the list, and I’ll be proud
when I fall off altogether.”
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