It's no surprise when C-suite tech members make wild predictions about the future of tech.
Tesla founder Elon Musk predicts humanoid robots to be part of everyday life by 2027, and Salesforce founder, Marc Benioff, expects more trust and government regulations to be placed on AI in the coming years.
More recently, Bill Gates added his voice to the predictions and wrote in his 10-page letter that 2024 will be a 'turning point.'
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In the fast-evolving field of AI, Gates wrote: 'Artificial intelligence is about to accelerate the rate of new discoveries at a pace we’ve never seen before.'
Despite the functional challenges and reliability risks associated with scaling AI, Gates emphasises that 'smart investments' in AI can contribute to creating a 'more equitable world'.
He envisions AI could advance the fight against antibiotic-resistant diseases, aiding non-English speakers in managing high-risk pregnancies, and making medical information globally accessible to healthcare workers.
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Gates foresees high-income populations to 'widely adopt AI use' in a matter of 18 to 24 months, whilst lower-income countries could see its incorporation within three years.
This could lead to better healthcare worldwide, with an extra focus on addressing malnutrition in children, Gates emphasised.
The billionaire emotionally stated that the predictions sparked from becoming a grandparent and seeing his granddaughter born into a 'new world' that is being 'shaped by 'artificial intelligence.'
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He said: 'Now I’m thinking more about the world she will inherit and what it will be like decades from now when her generation is in charge.'
Gates remains an advisor at the Microsoft company and has seen the company significantly shift towards incorporating tech into its mainline products.
This can be seen in the introduction of OpenAI that was a combination of the search engine Bing and Microsoft Edge browser - a competitor of the widely known ChatGPT.
Outside of tech and into the field of nuclear energy, the Microsoft founder said: 'In 2024 and beyond, I predict we will see lots of new innovations coming into the marketplace - even in very complicated areas like nuclear.'
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His predictions are set on TerraPower being 'the most advanced nuclear facility in the world' - with its first plant expected to open in 2030.
Gates wrote that there's more to be done for the planet to reach zero emissions, though he is optimistic.
On the back of Japan's construction of the first nuclear fusion reactor for clean energy, this will be a 'defining decade' for improving power transmission and battling the fossil fuel crisis.