{"id":656663,"date":"2026-10-25T13:26:17","date_gmt":"2026-10-25T13:26:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/656663\/"},"modified":"2026-10-25T13:26:17","modified_gmt":"2026-10-25T13:26:17","slug":"bill-gates-sees-20-years-of-turmoil-before-ai-creates-true-abundance","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/656663\/","title":{"rendered":"Bill Gates Sees 20 Years of Turmoil Before AI Creates &#8216;True Abundance&#8217;"},"content":{"rendered":"<p><a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/bill-gates-net-worth\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">Bill Gates<\/a> says AI will create &#8220;true abundance,&#8221; but the next two decades before it arrives will be &#8220;as tumultuous a period as there&#8217;s been in human history.&#8221;<\/p>\n<p>&#8220;My big concern is this 20-year transition period, where they&#8217;ll have <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/job-disruption-ai-future-careers-blue-collar-desk-work-2023-11\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">winners and losers<\/a> and a lot of disruption,&#8221; the Microsoft cofounder and billionaire philanthropist said on the latest episode of the &#8220;Decoder&#8221; podcast.<\/p>\n<p>Gates echoed widespread concerns about <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/forget-ai-heres-the-real-reason-the-job-market-sucks-2025-12\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">white-collar jobs<\/a>, saying that telesales, telesupport, and accounting will disappear as AI will be able to do those &#8220;radically cheaper, radically faster, and even more accurately.&#8221; As for blue-collar jobs, humanoid robots will take over those, he said.<\/p>\n<p>&#8220;If we don&#8217;t choose to massively slow down or stop, then we will have <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/ai-companies-human-workers-robot-training-data-2026-10\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">robots<\/a> that can build houses, grow food, do surgery,&#8221; Gates said. &#8220;And none of the things that human labor provides to the economy will be necessary for most goods and services.&#8221;<\/p>\n<p>He also underscored how jarring it will be for someone like him, whose vast resources have allowed him to <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/bill-and-melinda-gates-foundation\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">lead the charge<\/a> toward eliminating malaria and tackling other humanitarian crises.<\/p>\n<p>&#8220;And when the AI says to me, &#8216;No, I&#8217;m better than you, you go <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/mark-cuban-ai-buildout-data-centers-infrastructure-pickleball-dotcom-bubble-2026-7\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">play pickleball<\/a> and I&#8217;ll get back to you, I&#8217;m gonna take care of this&#8217; \u2014 I mean, it&#8217;s kind of humorous, but it&#8217;s not humorous,&#8221; he said.<\/p>\n<p>Gates shared his long-held view that <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/how-to-find-meaning-purpose-at-work-gen-z-employee-2022-12\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">work is vital<\/a> to giving people a sense of purpose, a way to earn an income, a reason to show up every day, an avenue to build relationships with colleagues, and a path to build things and solve problems.<\/p>\n<p>He suggested that certain activities such as art, sports, cooking, and childcare could one day be <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/bill-gates-ai-jobs-warning-robots-blue-collar-human-roles-2026-8\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">reserved for humans<\/a>, &#8220;even though the AI could do those things better.&#8221;<\/p>\n<p>Gates also highlighted that measures such as early retirement and caps on <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/sam-altman-ai-4-hour-workweeks-people-competitive-2026-7\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">working hours<\/a> could help maintain some level of human employment.<\/p>\n<p>                                  Want more Business Insider in your news feed?<\/p>\n<p class=\"preferred-sources-module-desc body-xs\">\n                                    Add BI in Google so our reporting is easier to find when you\u2019re searching for what matters.\n                                  <\/p>\n<p>He envisioned some people saying, &#8220;Let&#8217;s be <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/man-left-traditional-amish-community-explore-modern-world-cars-planes-2024-8\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">like the Amish<\/a> and let&#8217;s only use AI for certain things,&#8221; so they won&#8217;t have to give up &#8220;helping each other or coming up with unique ideas.&#8221;<\/p>\n<p>Amazon founder Jeff Bezos and JPMorgan CEO Jamie Dimon have both proposed a <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/bezos-dimon-gates-musk-cuban-ai-working-days-jobs-unemployment-2026-10\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">shorter workweek<\/a> as a less painful alternative to AI-driven unemployment.<\/p>\n<p>Gates is one of <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/ai-job-impact-losses-shifting-sam-altman-mustafa-suleyman-comments-2026-6\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">several tech leaders<\/a> to warn of job disruption on the road to an age of abundance.<\/p>\n<p>Elon Musk has predicted a &#8220;bumpy&#8221; transition and proposed <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/elon-musk-universal-high-income-government-checks-ai-job-losses-2026-4\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">government checks for all<\/a> as the best solution to AI-driven job losses. He&#8217;s said that technology will drive production costs so low that everyone can have &#8220;whatever stuff they want,&#8221; work will become &#8220;optional,&#8221; and it&#8217;s <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/elon-musk-retirement-saving-abundance-ai-tech-tesla-spacex-billionaires-2026-1\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">not worth saving for retirement<\/a> in 10 or 20 years as money won&#8217;t matter.<\/p>\n<p>Similarly, Anthropic&#8217;s Dario Amodei has <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/elon-musk-retirement-saving-ai-abundance-anthropic-dario-essay-ubi-2026-1\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">said<\/a> that AI promises to &#8220;raise the quality of life for everyone,&#8221; but the &#8220;short-term shock will be unprecedented in size.&#8221;<\/p>\n<p>However, OpenAI&#8217;s Sam Altman <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/ai-job-impact-losses-shifting-sam-altman-mustafa-suleyman-comments-2026-6\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">said<\/a> in May that AI hasn&#8217;t eliminated as many white-collar jobs as he expected, and he no longer anticipates a &#8220;jobs apocalypse.&#8221;<\/p>\n<p>Despite widespread worry about AI taking corporate jobs, and high-profile layoffs at major companies such as Amazon and Meta, national unemployment <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/anthropic-economist-claude-mark-cuban-ai-unemployment-jobs-skills-work-2026-7\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">hasn&#8217;t increased materially<\/a> during the AI boom.<\/p>\n","protected":false},"excerpt":{"rendered":"Bill Gates says AI will create &#8220;true abundance,&#8221; but the next two decades before it arrives will be&hellip;\n","protected":false},"author":2,"featured_media":656664,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,343,344,85,46,125],"class_list":["post-656663","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-il","tag-israel","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/656663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=656663"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/656663\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/656664"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=656663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=656663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=656663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}