On Tuesday at 'What Now?' podcast, Bill Gates approved of the rapid advancement of technology, saying that AI could reduce human workweek to three days.
Gates predicted that there would come a day when people would not be required to work so hard to make ends meet.
Gates Says AI Could Reduce Human's Workweek to Three Days
In March, Gates wrote in a blog post that the emergence of AI could significantly impact society, similar to how smartphones and the Internet helped advance technology. He said that AI would change the way people work, learn, travel, get health care, and communicate with each other.
"If you eventually get a society where you only have to work three days a week, that's probably OK," Gates told Trevor Noah on the podcast. He said three days would be enough as machines could make all the food and the stuff.
JPMorgan Chase CEO Jamie Dimon also believed AI would allow people to work as little as three-and-a-half days a week. Businesses and industries would start to adapt to modernization and distinguish themselves by how well they use the technology.
However, Analysts at Goldman Sachs said that generative AI could cost 300 million people their jobs. Dimon disagreed and believed that the fear of AI was unfounded.
When asked about the possible massive job losses, he said, "People have to take a deep breath, OK?" He added that technology has always replaced jobs as technology has already done a lot for humanity.
According to the New York Post, Dimon said, "Your children are going to live to 100 and not have cancer because of technology."
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OpenAI's Project
Recently, Gates endorsed OpenAI, an AI organization, as one of the Silicon Valley companies at the forefront of AI research. OpenAI defines AGI as AI systems that are smarter than humans.
The company was thrown into turmoil after its board fired CEO Sam Altman but also brought him back after five days of backlash from investors and employees who threatened to quit all at once.
Staff researchers sent the board of directors a letter before Altman's overturning. The letter warned of a powerful AI discovery that they said could threaten humanity.
Long-time executive Mira Murati discussed the project named Q*, and the maker of the ChatGPT made some advances on the project. They believe the project could be a breakthrough in the startup's search for superintelligence, also known as artificial general intelligence (AGI).
The person said anonymously that because they were not authorized to speak on behalf of the company, the new model could calculate mathematical problems.
The researchers believed in the project's success since it has been acing such math tests on the grade-school students' level.
