Bill Gates
Bill Gates
William Henry "Bill" Gates IIIis an American business magnate, entrepreneur, philanthropist, investor, and programmer. In 1975, Gates and Paul Allen co-founded Microsoft, which became the world's largest PC software company. During his career at Microsoft, Gates held the positions of chairman, CEO and chief software architect, and was the largest individual shareholder until May 2014. Gates has authored and co-authored several books...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth28 October 1955
CitySeattle, WA
CountryUnited States of America
If you withdraw the incredible focus on polio, it will spread back, and in poor countries you'll get something like 100,000 cases a year. So by being very intense and getting the cases down to zero, what you do is you avoid all the future cases.
American dependence on oil has only gone up as we've gone through various crises and not invested in R&D.
The trick generally is to break programs into pieces and have those pieces be individually testable and so then when you move on to the other pieces you treat it as a black box knowing that it either works or doesn't work.
My guideline has always been to avoid a focus on me personally. Not because of any deep, dark secrets. Rather just a sense of privacy.
Government investment unlocks a huge amount of private sector activity, but the basic research that we put into IT work that led to the Internet and lots of great companies and jobs, the basic work we put into the health care sector, where it's over $30 billion a year in R&D that led the biotech and pharma jobs. And it creates jobs and it creates new technologies that will be productized. But the government has to prime the pump here. The basic ideas, as in those other industries, start with government investment.
The pace of progress in biology creates a foundation that naturally gets picked up by the biotech and pharmaceutical industry to solve rich-world diseases. This is attractive science. It's science that people want to work on.
I could name about a dozen paths, and you'd like to have a whole bunch of research on all those paths, and then, eventually, at least four to five companies with really significant financing try and get to big scale, going down and really trying to prove it out.
here are economies like China's economy where it's less than a tenth [of a percent] today, although it is growing, is quite small, because of the notion that the government takes care of everything, and Europe and China, philanthropy has not been nearly of the same scale.
I think that society has to be careful not to shift all of its resources to the elderly versus the young. I get very concerned when people talk about cutting education budgets.
If success corrupts, I'm probably pretty corrupted by now.
I think given all the different imperatives - getting energy to Africa, security of energy, climate change, that we should be spending half as much as we spend on health, which will get you all the way up to $15 billion - the health people don't like it when things get compared to their number.
Someone in the society has to deal with the reality that there are finite resources and we're Making trade-offs, and be explicit about that. When the car companies were found to have a memo that actually said, "This safety feature costs X and saved Y lives," the very existence of that memo was considered damning. Or when you made it reimbursable for a doctor to ask, "Do you want heroic care at the end-of-life," that was a death panel. No, it wasn't a death panel! It was asking somebody to make a decision.
The impact of improving health is that the population growth goes down, and so you can educate more kids, feed more kids.
It's paradoxical that, when you have better health, families choose to have less children, because they've been having enough children so that they can be sure that a few of them will survive and take care of them. So as health improves, then all the other problems are dramatically easier to tackle.