Bill Gates Warns of a 20-Year AI Adjustment Period and an Eventual Era of Abundance

Microsoft co-founder Bill Gates stated during an appearance on NBC’s “Meet the Press” that artificial intelligence will reshape daily life but will require a turbulent 20-year adjustment period before delivering its full promise.
Gates warned that the technology carries risks, including potential misuse by bad actors and disruptions to the job market, if proper regulatory guardrails are not established.
Looking past the near-term volatility, Gates anticipates a long-term "era of abundance" driven by the combination of advanced AI and humanoid robots, which he expects will drastically lower the costs of housing, food, and everyday goods.