Skip to main content

Market Overview

'You'll Never Go To Amazon:' Bill Gates Predicts AI Agents Will Replace Search And Shopping Websites

Share:
'You'll Never Go To Amazon:' Bill Gates Predicts AI Agents Will Replace Search And Shopping Websites

Microsoft Corporation’s (NASDAQ:MSFT) co-founder Bill Gates envisions a future where AI agents revolutionize the way users shop and search online, rendering traditional websites like Amazon.com, Inc. (NASDAQ:AMZN) and Alphabet Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google search obsolete. 

What Happened: On Monday, during the AI Forward 2023 event in San Francisco, Gates emphasized the criticality of developing the most advanced AI agent, which he believes will disrupt search engines, productivity tools and online shipping platforms, reported Fox Business.  

See Also: Tim Cook’s Apple Goes All-In On AI Talent Search While Steve Wozniak Continues To Lead Battle Against Unhindered AI Development

“You’ll never go to a search site again,” he said. “You’ll never go to Amazon.”

The tech luminary also expressed his desire for Microsoft to be a front-running contender in this race but acknowledged the possibility of a startup emerging as the ultimate top player, estimating a 50% chance for that outcome. 

Gates also praised Inflection AI, co-founded by Elon Musk’s fellow “PayPal Mafia” member Reid Hoffman, who is also the co-founder of LinkedIn – now owned by Microsoft. 

Why It’s Important: Since OpenAI – the company Musk co-founded in 2015 and left in 2018 – released chatGPT for public testing in November last year, Gates has time and again compared the advent of this AI-powered tool with the invention of the internet.

However, Musk previously called Gate’s understanding of AI “limited.”

It was previously reported that Amazon plans to integrate AI or a chatGPT-style product search into its web store. Similarly, Google is also reportedly gearing up to add Bard AI and short video clips to its search results and quash any threats against its search dominance

Nevertheless, Microsoft started this trend by incorporating OpenAI’s ChatGPT technology into its search engine, Bing. 

Check out more of Benzinga’s Consumer Tech coverage by following this link

Read Next: Elon Musk Sees ‘No Winter For AI’ Despite Constant Calls To Freeze Development

 

Related Articles (AMZN + GOOGL)

View Comments and Join the Discussion!

Posted-In: Artificial Inteliigence Bill Gates Consumer TechNews Tech Media

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com