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If Web3 isn't a Big Deal then What is?

  • Microsoft co-founder Bill Gates recently shared his thoughts on emerging technologies like AI, Web3, and the metaverse.

  • Bill Gates believes that Web3 and Metavese don’t have the potential to revolutionize the community.

  • In contrast, Bill Gates believes AI has a broad scope and it has the potential to be revolutionary.

13-Jan-2023 By: Shailja Joshi
If Web3 isn't a Big

In recent months, there has been growing criticism against emerging 

Technologies like Web3, Blockchain, and Crypto. Several industry figures have criticized these technologies for not having revolutionary potential.

As per recent reports, the crypto skeptic and co-founder of Microsoft, Bill Gates, isn't confident about the significance of Web3 and the metaverse. He asserted that these technologies are not groundbreaking.

In his 11th AMA (ask me anything) session on Reddit, Microsoft co-founder Bill Gates outlined his plans for 2023 and shared his thoughts on emerging technologies like artificial intelligence, Web3, and the metaverse.

Gates believes that AI has a broad scope and it has the potential to be revolutionary. He stated that “AI is the major one. I don't think Web3 was that large, or that the metaverse stuff alone was revolutionary, but AI is.”

Why is Bill Gates Optimistic about Artificial Intelligence (AI)?

Across nearly every field, artificial intelligence is shaping the future of humanity. It is already the primary driver of emerging technologies like big data, robotics, and the Internet of Things, and it will continue to be a technical innovator in the near future.

On a far larger scale, AI has the potential to have a significant impact on sustainability, climate change, and environmental challenges. This signifies Gates’ optimism about the revolutionary use cases of Artificial Intelligence (AI).

As CoinGabbar earlier reported, Microsoft is in talks with OpenAI, the parent company of ChatGPT, regarding a potential acquisition. ChatGPT is an AI chatbot that was built on Azure using GPT-3.5.

Conclusion

In the past few months, Artificial intelligence (AI) has become a hot topic in the Web3 community. Many industry experts believe that artificial intelligence (AI) will play an important role in shaping the future of the internet.

This indicates that Bill Gates' thoughts on the potential of AI to transform the future of the internet are quite evident.

What are your thoughts on Bill Gates' views? Do you think AI will revolutionize the future of the internet? Please share your valuable thoughts in the comment section below.

Also read: Bitcoin Lady From El Salvador, Ruling the Stage of Miss Universe 2023

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