Bill Gates | The Rise of Artificial Intelligence

Bill Gates describes AI as the most transformative technology of his lifetime, comparing its impact to the creation of the internet. He says its economic value is immense, enabling breakthroughs in medicine, education, and research. However, Gates warns that the current investment frenzy will create winners and losers, as some companies will overspend on data centers, chips, or energy costs before realizing returns. While many ventures may fail, he argues this is not a baseless bubble like the Dutch tulip mania, but more like the internet boom, an era of overinvestment that ultimately produced lasting, world-changing technologies despite many short-term casualties.