The world's richest man and co-founder Bill Gates does not view artificial intelligence as risk unlike some future experts predict.
Regarding the risk that artificial intelligence becoming smarter, he said such view is "way out in the future," in an interview with CNBC.
He said artificial intelligence will be helpful in managing our lives in 10 to 20 years. Now, we heavily rely on smartphone and computers flooding emails, texts and information but in the future artificial intelligence will shoulder the burden instead, according to Gates.
Gates said, "It will look at all the new information and present to you, knowing about your interests, what would be most valuable," adding Microsoft, Google, Facebook and Apple are spurring their development on such technologies.
He also said, "What we're [also] seeing is, for the first time, computers can see as well as humans. If you combine that with arm-like manipulation, then they could make us far more productive," in the interview, adding, in the future more rote work will be replaced by machines.
The tech guru appeared on CNBC's Squawk Box together with Warren Buffet, who held an annual shareholders meeting on Sunday.