Bill Gates rejected the potential of Web3 and the metaverse by supporting artificial intelligence

Bill Gates Says He Doesn't Consider Web3 or the Metaverse to be Revolutionary

Microsoft founder Bill Gates downplayed the potential of Web3 and the metaverse, instead endorsing artificial intelligence as the next revolutionary technology.. He expressed this opinion during the AMA session, the content of which was published on Reddit.

Gates was asked in a follow-up chat if any giant technology is now at the same stage as the internet was in the early 2000s.. In response, he weighed in on some of the brightest concepts in technology, stating that he sees artificial intelligence as “pretty revolutionary.”

“Artificial intelligence is a big deal. I don't think Web3 was that significant or that the metaverse itself was revolutionary, but artificial intelligence is pretty revolutionary,” he said.

He also admitted that he is very passionate about generative artificial intelligence that can create content.. Gates admitted that he was very impressed with the speed of its development and believes that this technology will have a big impact.

Gates' attitude to blockchain technologies and cryptocurrencies is rather cold. The billionaire has repeatedly rejected digital assets, noting that he does not consider himself an ardent fan of cryptocurrencies. In addition, he believes that these technologies contribute to the growth of criminal activity, and stated that his attitude towards bitcoin is neutral.. Gates also joked about expensive images of NFT monkeys saving the world, saying instead that he prefers asset classes like farms that have real products..

Meanwhile, in recent months there have been rumors that Microsoft is working on the development of the metaverse.. For these purposes, the company was going to acquire the developer of computer games Activision Blizzard for $69 billion.. The deal would have made Microsoft the world's third-largest video game developer and set the stage for the company's metaverse, but the deal was blocked by the Federal Trade Commission (FTC).


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