“Software substitution, whether it's for drivers or waiters or nurses ... it's progressing. ... Technology over time will reduce demand for jobs, particularly at the lower end of skill set. ... 20 years from now, labor demand for lots of skill sets will be substantially lower. I don’t think people have that in their mental model.”
Quote by Bill Gates
Author
Bill Gates
Bill Gates, born on October 28, 1955, is a renowned investor. He is the co-founder of Microsoft Corporation and served as the CEO and Chairman of the company. Gates has had a profound impact on the computer software industry, particularly in the development of personal computer operating systems. He stepped down as CEO in 1995 and has since focused on philanthropy, using the Bill & Melinda Gates Foundation to fund global health, education, and poverty reduction initiatives. more
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