Bill Gates warns AI could permanently eliminate many jobs

Bill Gates says artificial intelligence could permanently eliminate many existing jobs as automation becomes capable of handling a wider range of tasks.
He expects many workers to eventually transition into different roles, but warns that the adjustment could involve significant disruption as people lose jobs, retrain and search for new employment.
The comments highlight a central economic risk surrounding rapid AI adoption: productivity gains may be substantial, but the benefits could arrive alongside major labor-market displacement and costly workforce transitions.