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The Economic Times
The Economic Times
National
Trending Desk

Bill Gates warns next 20 years to be the most tumultuous in human history amid Microsoft offers buyouts to 60,000 employees

Bill Gates has warned that the world could face an unprecedented period of disruption over the next two decades as artificial intelligence (AI) and robots reshape jobs, industries and everyday life. The Microsoft co-founder believes AI could eventually create a world of abundance, but the transition could leave many people struggling to find work and purpose. Gates shared his concerns during an appearance on the latest episode of the Decoder podcast. He said the period before society fully adjusts to AI could be exceptionally turbulent, with some people benefiting from technological advances while others face significant losses. His warning comes as Microsoft, the tech giant Gates co-founded, is reported to be offering buyouts to around 60,000 employees, bringing fresh attention to the future of jobs in the technology sector.

READ ALSO: No layoffs in 101 years: CEO of a company that has never laid off workers says businesses should cut costs elsewhere instead of firing employees

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