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Bill Gates warned Wednesday that governments are not prepared for a "turbulent AI era" and proposed that society designate certain jobs as "Human Reserved" — work that machines could perform but that people deliberately keep for humans.

Bill Gates, the billionaire philanthropist who co-founded Microsoft, published a nearly 6,000-word essay on Wednesday warning that artificial intelligence is advancing far faster than governments and society are prepared to handle, calling the coming transition "one of the most turbulent…