Bill Gates predicts 20 years of turmoil before AI creates 'true abundance'
Source: Business Insider ·
Bill Gates says AI will solve many of the world's problems, but the next 20 years will be "as tumultuous a period as there's been in human history."
From the source
Microsoft cofounder Bill Gates.Fabrice COFFRINI / AFP via Getty ImagesBill Gates says AI will bring about an age of abundance in 20 years, but it'll be a rocky road.He predicted robots will displace human workers and "build houses, grow food, do surgery."Some jobs might be reserved for people, and work limits could preserve employment, Gates said.Bill Gates says AI will create "true abundance," but the next two decades before it arrives will be "as tumultuous a period as there's been in human history.""My big concern is this 20-year transition period, where they'll have winners and losers and a lot of disruption," the Microsoft cofounder and billionaire philanthropist said on the latest episode of the "Decoder" podcast.Gates echoed widespread concerns about white-collar jobs, saying that telesales, telesupport, and accounting will disappear as AI will be able to do those "radically cheaper, radically faster, and even more accurately." As for blue-collar jobs, humanoid robots will…