Microsoft co-founder Bill Gates has long been known to be a proponent of artificial intelligence

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He now believes that it will be transformative for everyone within the next five years.

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Although there are concerns about how AI could displace individuals in the industry. He said

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The technology would also open up chances for the establishment of new sorts of work.

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He predicted that the rise of AI will have the same effect.

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The billionaire is a major shareholder in Microsoft, which has a multibillion-dollar deal with OpenAI.

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Gates notes the aid that technology may bring to the healthcare profession.

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Through decreasing the paperwork load that doctors face.

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He says that AI can make that part of their job more efficient.

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Artificial Intelligence to change the global economy

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