In 1995, Microsoft Corp. co-founder Bill Gates sent a memo calling the internet a “tidal wave” that would be crucial to every part of the company’s business. Nearly two decades later, Microsoft’s current leader, Satya Nadella, said he believes the impact of artificial intelligence will be just as profound. “The Bill memo in 1995, it does feel like that to me,” Nadella said on this week’s episode of The Circuit With Emily Chang. “I think it’s as big.”