Microsoft founder Bill Gates predicts that artificial intelligence (AI) could lead to a three-day work week, where machines can take over mundane tasks and increase productivity.
Gates believes that if human labor is freed up, it can be used for more meaningful activities such as helping the elderly and reducing class sizes.
Other tech leaders, like JPMorgan's CEO Jamie Dimon and Tesla's Elon Musk, have also expressed similar views on the potential of AI to reduce work hours.
However, not all leaders agree, with some arguing that increased productivity could lead to job displacement.
Investment bank Goldman Sachs estimates that AI could replace 300 million full-time jobs globally in the coming years.
IBM's CEO Arvind Krishna believes that while repetitive, white-collar jobs may be automated first, it doesn't mean humans will be out of jobs.
Some companies and countries have already implemented shorter work weeks, such as Samsung giving staff one Friday off each month and Iceland trialing a four-day workweek.
The Japanese government has also recommended that companies allow employees to opt for a four-day workweek.
Source : https://fortune.com/2023/11/23/bill-gates-microsoft-3-day-work-week-machines-make-food/
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