Bill Gates downplayed the growth of web3 and the metaverse, instead backing artificial intelligence as the next revolutionary technology.

In his 11th Ask Me Anything on Reddit, the Microsoft co-founder was asked whether any mammoth technology is at a similar stage now as the internet was in the early 2000s. The Redditor referenced Gates' purported comments at the time — which were similar to comments he made in a revised version of his book The Road Ahead — that the internet would be much bigger in the long term than people were expecting.

Gates replied that he felt AI was the most suitable answer to this, downplaying other technologies such as crypto and the metaverse.

(By Tim Copeland)