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| Microsoft boss: 'World needs more computing power' | Microsoft boss: 'World needs more computing power' |
| (about 1 hour later) | |
| The world is rapidly "running out of computing capacity", the head of tech giant Microsoft has warned. | The world is rapidly "running out of computing capacity", the head of tech giant Microsoft has warned. |
| Satya Nadella said at the World Economic Forum in Davos that superfast quantum computers were needed to solve some of the most difficult problems. | Satya Nadella said at the World Economic Forum in Davos that superfast quantum computers were needed to solve some of the most difficult problems. |
| Mr Nadella cited the quest to create a catalyst that can absorb carbon, in order to help tackle climate change. | Mr Nadella cited the quest to create a catalyst that can absorb carbon, in order to help tackle climate change. |
| This, he cautioned, would likely not be achieved without an increase in computer processing power. | This, he cautioned, would likely not be achieved without an increase in computer processing power. |
| "Moore's Law is kinda running out of steam," Mr Nadella told assembled delegates, referring to the maxim that the power of computer chips doubles every two years. | "Moore's Law is kinda running out of steam," Mr Nadella told assembled delegates, referring to the maxim that the power of computer chips doubles every two years. |
| He added that quantum computing was needed "to create all of these rich experiences we talk about, all of this artificial intelligence". | He added that quantum computing was needed "to create all of these rich experiences we talk about, all of this artificial intelligence". |
| The Microsoft chief executive also took aim at so-called "re-skilling programmes" that don't cater to the needs of the job market, calling them "one of the greatest wastes of money". | |
| Such schemes, which are designed to retrain those whose professions have been lost to globalisation or automation, are often "done without a true understanding of where the labour market is going," Mr Nadella argued. | Such schemes, which are designed to retrain those whose professions have been lost to globalisation or automation, are often "done without a true understanding of where the labour market is going," Mr Nadella argued. |
| Better teaching | Better teaching |
| Instead, the India-born chief executive, who took over at the helm of Microsoft in 2014, said that reforming school curriculums was of paramount importance. | Instead, the India-born chief executive, who took over at the helm of Microsoft in 2014, said that reforming school curriculums was of paramount importance. |
| "We can with some certainty say that we will need more people graduating from our schools who will need to be comfortable with these augmented realities," he predicted. | "We can with some certainty say that we will need more people graduating from our schools who will need to be comfortable with these augmented realities," he predicted. |
| "The fact that most curricula in schools still don't recognise computer science like they do maths or physics is just crazy." | "The fact that most curricula in schools still don't recognise computer science like they do maths or physics is just crazy." |
| Mr Nadella added: "We need middle school teachers of computer science of the highest quality." | Mr Nadella added: "We need middle school teachers of computer science of the highest quality." |
| He also emphasised that artificial intelligence, on which Microsoft is increasingly focused, could be a part of the solution to joblessness, rather than merely its cause. | He also emphasised that artificial intelligence, on which Microsoft is increasingly focused, could be a part of the solution to joblessness, rather than merely its cause. |
| Earlier, Klaus Schwab, the man behind the World Economic Forum, called for leading tech executives to consider the disruption that their products may cause to economic, political and social life. | Earlier, Klaus Schwab, the man behind the World Economic Forum, called for leading tech executives to consider the disruption that their products may cause to economic, political and social life. |
| "If we act now," Mr Schwab said, "we have the opportunity to ensure that technologies - such as artificial intelligence - sustainably and meaningfully improve the lives and prospects of as many people as possible." | "If we act now," Mr Schwab said, "we have the opportunity to ensure that technologies - such as artificial intelligence - sustainably and meaningfully improve the lives and prospects of as many people as possible." |