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Bill Gates speaks on transformational impact of AI: ‘Job of software engineers will…..’

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Bill Gates speaks on transformational impact of AI: ‘Job of software engineers will…..’

Bill Gates, the founder of Microsoft, does not believe that software developers’ careers will be affected by the sharp increase in the use of artificial intelligence (AI). In a podcast conversation with Nikhil Kamath, the creator of Zerodha, Bill Gates discussed the transformative potential of artificial intelligence and its benefits for humankind.

“We know this technology can aid in important areas and even produce educational tutors, which is a wonderful thing. Numerous initiatives in the US and India have demonstrated excellent outcomes. Bill Gates stated, “If we knew that it only increased job productivity, the potential is amazing.”

Concerns over the future of software engineers’ roles were notably brought up by Bill Gates, who referred to them as “alarmist” given the continued significance of the work they do. The creator of Microsoft continued, “We still need those software engineers and we will continue to need them.”

Bill Gates answered to the subject of whether AI can replace all occupations in an abstract way, describing how amazing the technology will be for the elderly and disabled. He added that AI technology might change and destroy “the very organising principles of society and what we value.”

However, he provided a timeframe and stated that he does not anticipate it occurring for the next 20 years. “Even though I am not sure of that,” Bill Gates said with a smile.

Socialism versus Capitalism
When Nikhil Kamath questioned Bill Gates about his choice in the capitalism vs. socialism argument, the podcast took an interesting turn. The CEO of Microsoft made his decision to support capitalism quickly and explained why.

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“Capitalism gives you the freedom to start a new business or try out a new product, and that is an idea of freedom as it is not based on your background or class, and there is a discovery power,” he said.

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