PWC News
Friday, July 18, 2025
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

‘Is huge population a boon or a bane?’: Nikhil Kamath asks Bill Gates. Here’s what he said

Home Business
Share on FacebookShare on Twitter


What occurs when capitalism runs out of shortage? That’s the query Nikhil Kamath put to Invoice Gates on his newest podcast episode, the place the Zerodha co-founder requested bluntly: “On the earth of tomorrow, 10 years from now, from a really capitalistic lens—is a large inhabitants a boon or a bane?”

Gates, whereas not giving a yes-or-no reply, supplied a sweeping imaginative and prescient of a future redefined by synthetic intelligence—one the place conventional capitalist frameworks might now not apply.

“Let’s say 20 years from now, AI could have modified issues sufficient that… this pure capitalistic framework in all probability gained’t clarify a lot,” Gates mentioned. As AI advances throughout each white-collar and blue-collar domains—from workplace work to manufacturing unit flooring and even lodge housekeeping—he believes the historic shortage of labor will dissolve.

“We’ve at all times had a scarcity—medical doctors, academics, folks to work in factories… these shortages gained’t exist,” Gates defined. “It’s a reasonably profound change that can unencumber a whole lot of time. You’ll be able to retire early. You’ll be able to work shorter work weeks.”

This shift, Gates argues, will power a “philosophical rethink” about how we worth and spend time, particularly when fundamental manufacturing—meals, items, healthcare—now not requires the identical human enter. “We could have created free intelligence,” he mentioned, including that even a health care provider’s cognitive worth might quickly be matched or exceeded by machines.

He used healthcare as a primary instance: “India has extra medical doctors than Africa, however nonetheless not practically as many because it ought to. AI will are available and supply medical IQ, and there gained’t be a scarcity.”

Reflecting on his personal upbringing in a world of perpetual scarcity, Gates admitted this AI-led abundance continues to be tough to totally grasp. “Markets are about scarce sources… I discover myself attempting to know that future world.”

Whether or not this transformation is available in 20 or 30 years, Gates mentioned, it’s not far off. “My children—and positively my grandkids—a whole lot of their life will probably be in that very modified world.”



Source link

Tags: asksbanebillboonGatesHereshugeKamathNikhilpopulation
Previous Post

Going the extra mile: installing smart meters and EV chargers in Scotland’s most remote locations

Next Post

Making the most of market volatility: FP Video on the latest tariff tangents

Related Posts

Gold hallmarking made mandatory for 9 carat jewellery
Business

Gold hallmarking made mandatory for 9 carat jewellery

July 18, 2025
India’s Smartphone Industry Flags Informal Chinese Sanctions, Seeks Urgent Government Intervention
Business

India’s Smartphone Industry Flags Informal Chinese Sanctions, Seeks Urgent Government Intervention

July 18, 2025
Anthem Biosciences shares to list today
Business

Anthem Biosciences shares to list today

July 18, 2025
Ultra-rapid EV chargers on their way to Israel
Business

Ultra-rapid EV chargers on their way to Israel

July 18, 2025
New Delhi hosts mega meet to celebrate Dalai Lama’s birthday
Business

New Delhi hosts mega meet to celebrate Dalai Lama’s birthday

July 17, 2025
For one hour, investors got a taste of a new world where the Fed is run by a ‘stooge’—and they hated every minute of it
Business

For one hour, investors got a taste of a new world where the Fed is run by a ‘stooge’—and they hated every minute of it

July 17, 2025
Next Post
Making the most of market volatility: FP Video on the latest tariff tangents

Making the most of market volatility: FP Video on the latest tariff tangents

Third Point, D.E. Shaw obtain agreements with CoStar. How the activists can build value

Third Point, D.E. Shaw obtain agreements with CoStar. How the activists can build value

Monthly Dividend Stock In Focus: Pine Cliff Energy – Sure Dividend

Monthly Dividend Stock In Focus: Pine Cliff Energy - Sure Dividend

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Dividend Kings in Focus: The Gorman-Rupp Company – Sure Dividend
Investing

Dividend Kings in Focus: The Gorman-Rupp Company – Sure Dividend

by PWC
July 13, 2025
0

Up to date on July eighth, 2025 by Felix Martinez In 2022, The Gorman-Rupp Firm (GRC) introduced that it was...

SEC postpones decision on in-kind creations and redemptions for Bitwise Bitcoin and Ethereum ETFs

SEC postpones decision on in-kind creations and redemptions for Bitwise Bitcoin and Ethereum ETFs

July 17, 2025
Ethereum Smashes Resistance — Is The Next Leg Up Already Here?

Ethereum Smashes Resistance — Is The Next Leg Up Already Here?

July 15, 2025
Monthly Dividend Stock In Focus: InPlay Oil Corp. – Sure Dividend

Monthly Dividend Stock In Focus: InPlay Oil Corp. – Sure Dividend

July 16, 2025
What Mountains Provide and Why They Need Protection – EcoWatch

What Mountains Provide and Why They Need Protection – EcoWatch

July 15, 2025
Donald Trump asked lawmakers whether he should fire Fed’s Jay Powell

Donald Trump asked lawmakers whether he should fire Fed’s Jay Powell

July 16, 2025
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.