'You are over valued and a reasonable percentage will ...': Bill Gates to tech firms

Microsoft co-founder Bill Gates warns that many AI companies with sky-high valuations face an uncertain future in a fiercely competitive market. He anticipates market corrections, stating that only a select few will achieve long-term success. Despite these concerns, Gates remains optimistic about AI's profound potential to revolutionize healthcare, education, and agriculture, emphasizing its role in delivering tangible benefits for humanity.