Bill Gates warned that some of today’s most highly valued AI companies will not sustain their worth, citing intense competition across the industry. Speaking at Abu Dhabi Finance Week, the Microsoft co-founder said investors are questioning whether the fast-growing sector is heading toward a correction.
Gates described artificial intelligence as the most important technology shift underway, but said not all players will succeed. Many AI-linked companies trade at valuations far above broader market averages, raising concerns that the sector may be overheated. Gates noted that while the technology is “profound and real,” a significant percentage of companies are unlikely to justify their valuations.
He emphasized that AI will continue to reshape industries including health care, education, and agriculture, particularly in emerging markets. The Gates Foundation plans to expand the use of AI tools in global health programs next year, including virtual medical assistants and agricultural advisory systems aimed at improving productivity for small-scale farmers.
Gates said the long-term impact of AI remains clear, but the market will determine which companies become lasting leaders and which lose ground as competition accelerates.