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The Bill Gates’ Prediction On AI and Displacement of Firms

The Bill Gates’ Prediction On AI and Displacement of Firms

In the Igbo Nation, the elders will tell that stubborn young man that “anaghi agwa ochi nti na agha esu” [no one needs to tell a deaf person that war has broken out because everyone can see and notice that there is war]. In the world of AI, Bill Gates has dropped some words: “Google has owned all the search profits, so the search profits will be down, and their share of it may be down because Microsoft has been able to move fairly fast on that one.

“Whoever wins the personal agent, that’s the big thing, because you will never go to a search site again, you will never go to a productivity site, you will never go to Amazon again”.

“A decade from now, we won’t think of those businesses as separate, because the AI will know you so well that when you are buying gifts or planning trips, it won’t care if Amazon has the best price or if someone else has a better price, you won’t even need to think about it. I would be disappointed if Microsoft didn’t come in there. But I am impressed with a couple of startups”.

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May we not be deaf in this evolving digital market. And the only way to show that we HEAR is to go and build, understanding that AI will redesign and transform markets and economies.

Bill Gates Predicts That AI Could Displace Google Search, Amazon, And Other Tech Giants


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