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Bill Gates warns that the rapid transition to artificial intelligence requires more time for society to prepare for economic and social upheaval.

Bill Gates warned that the transition to artificial intelligence could move faster than society is ready for, potentially causing social, political, and economic upheaval. Gates noted that the people who need the most preparation time are often those who have the least, such as workers whose jobs are replaced by machines.

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While AI offers significant gains in productivity and profitability for companies, Gates argued that the benefits must be shared more evenly to avoid becoming a source of injustice. He suggested that the transition could reshape industries ranging from accounting and customer service to medicine and manufacturing. To ensure these gains are shared, Gates indicated he would support a global plan to slow down AI advances. Simultaneously, experts suggest that the European Union could use its control over Dutch tech giant ASML as a leverage point to slow the global AI industry. ASML produces the extreme ultraviolet lithography machines necessary for advanced chip-making. Because these machines are a choke-point for the entire industry, the EU could impose an export ban to give regulators and societies time to catch up with the technology.

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