Bill Gates said artificial intelligence will soon erase chronic labor shortages. He added that society will need to rethink time, work, and value, according to remarks made on the "People by WTF" podcast. The Microsoft co-founder predicted that robots and AI models with “free intelligence” will fill roles in healthcare, education, and manufacturing that previously suffered from persistent underemployment. Gates said this shift will disrupt the current capitalist framework, enabling shorter workweeks, earlier retirements, and a “philosophical rethink” of how time should be spent. He reiterated the view in recent media appearances, calling AI’s impact “profound” and potentially unsettling.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Bill Gates said artificial intelligence will soon erase chronic labor shortages.
00:06He added that society will need to rethink time, work, and value,
00:09reporting remarks made on the People Buy What TF podcast.
00:13Microsoft co-founder predicted that robots and AI models with free intelligence
00:17will fill roles in healthcare, education, and manufacturing
00:20that previously suffered for persistent underemployment.
00:24Gates said this shift will disrupt the current capitalist framework,
00:26enabling shorter work weeks, earlier retirements,
00:30and a philosophical rethink about time should be spent.
00:33He reiterated the view in recent media appearances,
00:36calling AI's impact profound and potentially unsettling.
00:39For all things money, visit Benzinga.com slash GSTV.