00:00It's Benzinga bringing Wall Street to Main Street.
00:02Bill Gates said artificial intelligence will soon erase chronic labor shortages.
00:06He added that society will need to rethink time, work, and value,
00:09reporting remarks made on the People Buy What TF podcast.
00:13Microsoft co-founder predicted that robots and AI models with free intelligence
00:17will fill roles in healthcare, education, and manufacturing
00:20that previously suffered for persistent underemployment.
00:24Gates said this shift will disrupt the current capitalist framework,
00:26enabling shorter work weeks, earlier retirements,
00:30and a philosophical rethink about time should be spent.
00:33He reiterated the view in recent media appearances,
00:36calling AI's impact profound and potentially unsettling.
00:39For all things money, visit Benzinga.com slash GSTV.
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