News According to Bill Gates, the “revolution” will not come from cryptography and the metaverse, but from this technology.
Published on 16.01.2023 at 17:20
As you know, the founder of Microsoft never took blockchain technologies (crypto, metaverse and NFT) to heart. When Bill Gates was recently asked about the future revolutionary technologies of the Internet, he took the opportunity to put the cover on the Internet3, indicating what he believes will be the next technological revolution.
On the occasion of his annual “Ask me any” (ask me anything) interview with the social networking site Reddit, American billionaire Bill Gates reaffirmed his stance on Network 3. When asked about the next digital revolution, the man once again made his strong point on blockchain and the metaverse while promoting artificial intelligence, which he sees as a real revolution for the next few years:
“AI is a big (revolution). I don’t think Web 3 was that big or Metaverse itself was revolutionary, but AI is pretty revolutionary. explains Bill Gates.
This position is reminiscent of deja vu, as Bill Gates has never hidden his skepticism towards the crypto ecosystem and its users. In 2021, in addition to his distrust of the environmental impact of cryptocurrencies, the billionaire pointed out that Bitcoin is primarily based on the “Biggest Fool Theory.”
Through this depiction, Bill Gates believes that bitcoin is largely overvalued and that the capital gains of bitcoin investors are created by or because of the “fools” who buy it for more. In short, this means that Bitcoin will be a Ponzi scheme whose value will be based more on “FOMO” (fear of missing out) than technological innovation.
Additionally, at TechCrunch 2022, he expressed a similar view on NFTs, stating that images of virtual monkeys (Bored Monkey Yacht Club) are not going to “improve the state of our world.”
However, the Microsoft founder seems to have a more mixed view of the metaverse, in which he has already experimented with 3D virtual meetings.
Bill Gates chooses artificial intelligence
Excited by AI technological advances in recent times, especially with the advent of generative AI like ChatGPT, Bill Gates sees the technology to do great things in the near future:
“I am very impressed with the rate of improvement of these AIs. I think they will have a huge impact. Bill Gates says.
Although Bill Gates now owns only 1.3% of Microsoft, this idea of a technological “revolution” with the help of AI can be found in his former company. Indeed, the multinational corporation is very interested in the Open AI project and its Chat GPT-3. In particular, Microsoft plans to invest $10 billion in the company soon, which will allow them to own a 49% stake in AI software.