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Bill Gates doubts the breakthrough potential of the metaverses

by Vaibhav
January 12, 2023
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Bill Gates doubts the breakthrough potential of the metaverses
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Microsoft founder Bill Gates during AMA-sessions on Reddit were skeptical about the significance of the development of Web3 and the Metaverse. As a truly revolutionary technology, he called artificial intelligence.

One user asked the billionaire if Gates now sees such a significant breakthrough technology as the Internet was in the early 2000s.

“Artificial intelligence is a powerful thing. I don’t think Web3 was that big or the metaverse itself is revolutionary, but AI, yes, definitely,” the billionaire replied.

At the same time, he added that he himself spends most of his time on innovations in the field of healthcare, on agriculture and other initiatives with a more short-term perspective.

In May 2022, speaking to Reddit users, Gates stated that he prefers to invest in companies that bring real value. Cryptocurrencies do not fall into this category, he explained the lack of digital assets in the portfolio.

See also  Kevin O'Leary called the condition for the rapid growth of bitcoin

During the latest AMA session, Gates confirmed that he owns 1/4000 of the US farmland, or about 1000 km.2. According to Forbeshe is the largest owner of arable land in the country.

Earlier, Gates saw bitcoin as a problem for the global climate due to the carbon footprint associated with the operation of the cryptocurrency network.

Recall that in June 2022 he criticized the NFT, calling the assets based on the theory of the greater fool a hoax.

Read Cryplogger bitcoin news in our Telegram – Cryptocurrency news, courses and analytics.

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Bill_Gates-min

Microsoft founder Bill Gates during AMA-sessions on Reddit were skeptical about the significance of the development of Web3 and the Metaverse. As a truly revolutionary technology, he called artificial intelligence.

See also  Expert: the bill on taxes on digital assets does not affect the cryptocurrency market in the Russian Federation

One user asked the billionaire if Gates now sees such a significant breakthrough technology as the Internet was in the early 2000s.

“Artificial intelligence is a powerful thing. I don’t think Web3 was that big or the metaverse itself is revolutionary, but AI, yes, definitely,” the billionaire replied.

At the same time, he added that he himself spends most of his time on innovations in the field of healthcare, on agriculture and other initiatives with a more short-term perspective.

In May 2022, speaking to Reddit users, Gates stated that he prefers to invest in companies that bring real value. Cryptocurrencies do not fall into this category, he explained the lack of digital assets in the portfolio.

See also  Sam Bankman-Freed: Solana has every chance of becoming the next bitcoin

During the latest AMA session, Gates confirmed that he owns 1/4000 of the US farmland, or about 1000 km.2. According to Forbeshe is the largest owner of arable land in the country.

Earlier, Gates saw bitcoin as a problem for the global climate due to the carbon footprint associated with the operation of the cryptocurrency network.

Recall that in June 2022 he criticized the NFT, calling the assets based on the theory of the greater fool a hoax.

Read Cryplogger bitcoin news in our Telegram – Cryptocurrency news, courses and analytics.

Found a mistake in the text? Select it and press CTRL+ENTER

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