How This Modern Era / Artificial Intelligence will change our lives in 5 years? Bill Gates explains!
It’s no secret that Bill Gates is optimistic on artificial intelligence, but he’s now explains that the technology will be human life style within the next five years.
New inventions in AI also elicited fear that the technology will replace millions of jobs around the world. The IMF (International Monetary Fund) this week reported that about 40% of jobs around the world could be affected by due to AI
Gates doesn’t necessarily disagree with that notion, but he believes history shows with every new technology comes fear and then new opportunity.
Most of the fields are replacing employees with AI “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.”
AI will make everyone’s lives easier, specifically pointing to 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 apprised 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 remains 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 at the World Economic Forum. “After all, the shortages of doctors and teachers are way more acute in Africa then it is in the West.”
His wealth worth now a days
Bill Gates is fourth-richest person on the earth with worth of $140 billion, according to Bloomberg’s report. But he likely would still be the world’s richest person if he hadn’t committed to giving away all of his money. Gates said he doesn’t worry about losing his wealth.
“I have more than enough money for my own consumption,” Gates said during an interview with Zakaria at CNN. On one of the questin he said. “I’m getting myself to go down the list, and I’ll be proud when I fall off altogether.”
In 2022, Gates announced the foundation’s intention to give away $9 billion annually by 2026. He said he’s “excited that will have so much impact” to the organizations he’s giving it to.
He said he and partners like Warren Buffett have given away about $100 billion into his foundation. At a rate of $9 billion a year, Gates anticipates he’ll have given away all of his money in about 20 years.
