In an interview during Abu Dhabi Finance Week, Bill Gates warned that although artificial intelligence is “the most important thing right now,” in the current context of soaring capital expenditure and circular transactions in the market, some highly valued AI companies will lose in a “highly competitive” industry, and the valuations of some companies will fall. At the same time, he stressed that the profound value of AI as a fundamental technology that profoundly changes the world is unquestionable. Gates pointed out that the current valuation of many AI companies far exceeds average. Using Palantir and Tesla as examples, he pointed out that their price-earnings ratio far exceeds 200 times, while the average price-earnings ratio of S&P 500 companies is only about 25 times. He said, “Quite a few of these companies will no longer be worth that much money,” but this is because the market is eliminating the bubble, not against AI technology itself. He is convinced that AI will bring profound social benefits, including health, education, and agriculture. In the interview, Gates also looked forward to the application prospects of AI in the global health field. With the Gates Foundation and others pledging $1.9 billion to fight polio, he predicts that next year will be a critical year for global health. Gates revealed that various AI tools, including virtual doctors and farm advisors supporting African dialects, will be piloted to help small-scale farmers in Africa and other regions significantly increase their productivity, and believes that this goal can be fully achieved.

In an interview during Abu Dhabi Finance Week, Bill Gates warned that although artificial intelligence is “the most important thing right now,” in the current context of soaring capital expenditure and circular transactions in the market, some highly valued AI companies will lose in a “highly competitive” industry, and the valuations of some companies will fall. At the same time, he stressed that the profound value of AI as a fundamental technology that profoundly changes the world is unquestionable. Gates pointed out that the current valuation of many AI companies far exceeds average. Using Palantir and Tesla as examples, he pointed out that their price-earnings ratio far exceeds 200 times, while the average price-earnings ratio of S&P 500 companies is only about 25 times. He said, “Quite a few of these companies will no longer be worth that much money,” but this is because the market is eliminating the bubble, not against AI technology itself. He is convinced that AI will bring profound social benefits, including health, education, and agriculture. In the interview, Gates also looked forward to the application prospects of AI in the global health field. With the Gates Foundation and others pledging $1.9 billion to fight polio, he predicts that next year will be a critical year for global health. Gates revealed that various AI tools, including virtual doctors and farm advisors supporting African dialects, will be piloted to help small-scale farmers in Africa and other regions significantly increase their productivity, and believes that this goal can be fully achieved.