Bill Gates Explains How AI will be Transformative in 5 Years

It is a known fact that Bill Gates is positive about the future of artificial intelligence, however, he is now predicting that technology will be transformative for everyone in the next five years. 

The boom in AI technology has raised concerns over its potential to replace millions of jobs across the world. This week, the International Monetary Fund (IMF) reported that around 40% of all jobs will be impacted by the growing AI. 

While Gates does not disagree with the stats, he believes, and history has it, that with every new technology comes fear and then new opportunities. 

“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, according to Gates, will make everyone’s life easier. He specifically mentioned helping doctors with their paperwork, saying that it is “part of the job they don’t like, we can make that very efficient,” in a Tuesday interview with CNN’s Fareed Zakaria.

He adds that since there is not a need for “much new hardware,” accessing AI will be over “the phone or the PC you already have connected over the internet connection you already have.”

Gates believes that improvements with OpenAI’s ChatGPT-4 were “dramatic since the AI bot can essentially “read and write

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