WASHINGTON: Microsoft co-founder Bill Gates has issued a fresh warning that governments around the world are struggling to keep pace with the rapid development of artificial intelligence.
Gates highlighted potential risks including job displacement, cyber threats and addictive AI companions, while stressing that AI could also significantly improve healthcare, education and agriculture if managed responsibly.
His foundation has announced a $1 billion initiative over two years aimed at supporting AI applications in education, healthcare and agriculture while improving access to AI technologies across different languages.
Why it matters: AI regulation is quickly becoming one of the world’s biggest political, economic and technology debates.
