AI has huge potential, but its impact on jobs is an issue, says Bill Gates

While it is difficult to predict the impact of automation and artificial intelligence (AI) on the economy and the labour market, they have huge potential in sectors such as healthcare, Bill Gates, co-chair of Bill & Melinda Gates Foundation, said. "Certainly we use AI to do drug discovery. These biological systems are very complicated and so the fact that we have vaccines for TB and HIV coming, that is partly enabled by this rich data, advance in biology and machine learning," he said. Gates was speaking at the inaugural'Mint Visionaries' event in New Delhi where he was in conversation with Rishad Premji, chairman of Wipro Ltd. Though machine learning can give us some miracle tools, its impact on jobs is an important issue, he noted.