Bill Gates predicted that AI will be transformative for everyone within the next five years, making lives easier and creating new opportunities despite potential job displacement.
He foresees AI aiding doctors with paperwork and believes that incorporating AI technology into education and healthcare will be fantastic.
Gates also discussed his philanthropic efforts, stating that he has more than enough money for his own consumption and plans to give away all of his wealth over the next 20 years.
“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.”
Due to the low demand for “much new hardware,” Gates noted that AI access will happen on “the phone or the PC you already have connected over the internet connection you already have.”
He noted that OpenAI’s ChatGPT-4 is “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.”
“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 said. “After all, the shortages of doctors and teachers is way more acute in Africa then it is in the West.”
“I have more than enough money for my own consumption,” Gates said. “I’m getting myself to go down the list, and I’ll be proud when I fall off altogether.”
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