Gates: AI Set to Transform Lives in 5 Years But May Worsen Inequality Without Intervention
• Bill Gates predicts AI will transform lives in 5 years, making tasks like paperwork easier for doctors • AI improvements with ChatGPT are "dramatic"; the tech can "read, write," provide tutoring, health advice, etc. • Gates aims to ensure AI benefits poor countries nearly as quickly as rich ones • IMF sees AI worsening inequality without political intervention • Gates has pledged to donate majority of wealth, anticipating he'll have given away all his money in 20 years