Bill Gates now says AI will cause mass unemployment and economic catastrophe

MFordFuture · x · 2026-08-26

Martin Ford (author of Rise of the Robots, plugging the new edition) relays that Bill Gates has changed his mind: AI will lead to mass unemployment. Gates expects an "economic catastrophe" with "far fewer" jobs than today, citing AI's rapid progress and what he calls a non-existent response from government and tech leaders (per Semafor).

Related event: Bill Gates Warns the AI Transition Will Be Among History's Most Turbulent Periods(20 posts)→

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