Bill Gates? Apocryphal?
Question for Quote Investigator: I saw an advertisement on the “USA Today” website that claimed Bill Gates once spoke about a technology that was ripe for invention and would be worth 10 Microsofts. The ad did not identify the technology. Did Bill Gates really make a remark of this type?
Reply from Quote Investigator: In the early 2000s many companies with business models intertwined with the internet saw their stock prices collapse. Wary students observed this dot-com crash, and the number of computer science majors declined. In 2004 Bill Gates visited a series of universities to encourage students to pursue a career in computing which he believed still held marvelous opportunities. “The New York Times” reported a shrewd forward-looking comment made by Gates. Emphasis added to excerpts by QI:1
Mr. Gates scoffed at the notion, advanced by some, that the computer industry was a mature business of waning opportunity. In one question-and-answer session, a student asked if there could ever be another technology company as successful as Microsoft.
“If you invent a breakthrough in artificial intelligence, so machines can learn,” Mr. Gates responded, “that is worth 10 Microsofts.”
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