Microsoft co-founder Bill Gates says governments around the world are not prepared for the changes artificial intelligence could bring to society.

In an interview with Reuters, Gates warned that AI could create serious challenges, including job losses, cyberattacks and growing dependence on AI companions. He said governments need to move faster to understand and manage the technology.

“I don’t think any government is nearly as deep on this as they have to be,” Gates said.

Despite his concerns, Gates believes AI could have major benefits, particularly for poorer countries. He said the technology could help reduce gaps between richer and poorer populations if countries manage it properly and ensure people have equal access.

On Tuesday, the Gates Foundation announced plans to spend at least $1 billion over the next two years to expand access to AI. The funding will support work in education, healthcare, and agriculture.

The foundation also plans to help strengthen the data systems that AI relies on. This includes efforts to make large language models work across the languages spoken worldwide.

AI Could Transform Healthcare

Gates said healthcare is one area where AI could have a major impact. He pointed to possible uses including supporting frontline healthcare workers and helping researchers develop new drugs and vaccines.

However, he stressed that governments must work together to manage the risks linked to the technology.

Gates said he has discussed his concerns with world leaders, including US President Donald Trump and his administration. He also said he hopes to meet Chinese President Xi Jinping later this year.

He compared the rapid development of AI to an unexpected challenge that could force countries to cooperate.

“Governments are way behind on this one,” Gates said.

Gates’ comments come as governments and technology companies continue to consider how AI should be regulated and how its benefits can be shared more widely. His foundation’s new investment plan reflects his view that access to the technology should extend beyond wealthier countries.