Bill Gates says AI will create winners and losers

Bill Gates says AI will create both winners and losers.
He compares today’s AI boom to the internet era.
The technology is real.
But that does not mean every company attracting capital today will become a lasting business.
Some will build the infrastructure, products, and workflows that define the next era.
Others will be expensive experiments that disappear once the hype clears.
That is the uncomfortable part of every major technology cycle.
The theme can be right while many of the investments inside it still fail.