Billionaire Bill Gates expressed his view in a German newspaper interview, stating that while ChatGPT's invention was groundbreaking for AI, he believes GPT-5 will not surpass GPT-4.
Speaking to Handelsblatt, Gates also admitted that he may be wrong, but predicted increased accuracy and cost reduction in AI software.
However, seeing AI's potential in helping climate change, the billionaire plans to invest in 100 AI-assisted companies working to improve the power grid.
The world's fourth richest person and Microsoft co-founder, Bill Gates, has a net worth of $123 billion. However, he currently owns only 1.3% of Microsoft.
Over the years, he has invested billions from the sale of his Microsoft shares into Cascade Investment LLC, which, in turn, makes investments in other companies.
He was the world's richest person between 1997 and 2008, after which Carlos Slim replaced him for a few years. Jeff Bezos took over Gates in 2017.
Microsoft established itself as a tech giant between the 1980s and 90s after it created the operating system MS-DOS for IBM.
He established the Bill and Melinda Gates Foundation with his wife in 2000. It is the world's largest transparently operated charitable trust.
In December 2010, Warren Buffet and the Gates family signed a commitment called "The Giving Pledge" to donate at least half their wealth to charity over time.