Bill Gates, at a meeting for the American Enterprise Institute’s Freedom Project, talked about numerous things. He focused about the battling against the poverty in the recent years and talked about the progress which we’ve made in the past forty years. Gates pointed out that the number of people living in extreme poverty has decreased to 80%.

Bill Gates at the AEI Freedom Project Conference

Bill Gates at the AEI Freedom Project Conference

He talked about the replacement of jobs with latest computers and robots — how there will be a big reduction in jobs. It’s just a matter of time when there will be robots working as laborers.

Real Manufacturing Output and Employment

The “professional” jobs such as pilots, accountants and real estate agents will be replaced in the near future with the modernized technology and high-phi infrastructure.