Times of India·4 min read·medium

Bill Gates says AI bosses are privately scared and publicly silent; Here's why

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Bill Gates says AI bosses are privately scared and publicly silent; Here's why
AI Summary

Bill Gates warns that AI industry leaders are privately concerned about the rapid, dangerous pace of AI development but remain silent due to financial incentives. He argues that AI will disrupt the job market much faster than previous technological shifts, necessitating new fiscal policies like a 'robot tax'.

Why it matters

As a major tech influencer, Gates's warnings highlight the growing tension between corporate profit motives and the societal risks posed by unchecked AI advancement.

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Bill Gates thinks the AI industry knows exactly how dangerous its own product is getting, and has quietly agreed among itself not to say so. In an hourlong interview with The New York Times at his Seattle-area offices, the Microsoft co-founder said executives who understand the pace of improvement are privately worried, and that the reason none of it is said out loud is money, specifically the next trillion dollars the sector is trying to raise.The interview followed a nearly 6,000-word essay Gates published on his blog, Gates Notes, arguing that easing the world into the AI era should be the planet's top priority and that no such plan currently exists. What moved him from interested to alarmed was code.

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