An exclusive interview with Bill Gates
ft.com
ft.com
There are two types of currencies in the world: time and money, and most of us trade one for the other in various forms (pay for convenience, or spend time working for a paycheck).
For the richest man in the world, he has all the money he'll ever need, but just like the rest of us, he only has limited amount of time left on this planet. Yet he is fully devoted on spending that form of currency, which is infinitely more valuable to him than even others, on the causes he believes in.
That alone convinces me on his sincerity and his true desire in making a difference.
He makes the point that despite his time being so much more valuable to him that he is still willing to spend his time doing good things instead of just having a stress free easy life.
That is the case for everybody, for time is limited and money can be created arbitrarily.
Don't take my comment as an attack to the OP, I'm just stating that the situation is the same for everybody, and there are many people out there with less resources, but I claim their contribution is as valuable, if not more.
For a billionaire like Gates, he effectively only has one currency left to worry about, since time is the only thing that's important and worthy of consideration for him. That is why I said time is more important to him than it is to rest of us, since he is unlikely to trade his time for anything other than what he truly desires.
I argue that time is always worth more than money. You can transform time into money, but not the other way around.
> which is why the majority of us spend most of our days working for someone else
You can use time, money or both at the same time. In your example, you have both every day: first money, then time.
If you work for someone else, as almost all people do, you have made the decision that the time you spend at work is less valuable than your paycheck.
The situation for the people Gates is thinking of is very, very different from what we can even imagine.
That being said, I agree with Gates. There are far more important things than 100% global connectivity.
The idea that information and education are a silver bullet is a romantic idea that's rarely evaluated on its own merits, certainly not by people who make a living pushing bits of information around.
Microsoft stole ideas, improved on them, and made them accessible to the public for far cheaper than anybody else. It wasn't just anti-competitive practices that put them at the front.
Apple stole ideas that others have done, improved on them, and made them accessible for a price HIGHER than everyone else because of marketing. It isn't just their anti-competitive practices that have put them at the front.
If you are going to make a claim to history and "you had to be there", then remember ALL of history and don't be condescending and assuming it was someone young that voted you down.
The article http://www.pff.org/issues-pubs/pops/pop7.4microsoftmonopolyf... gives irrefutable facts. Do not accuse me of rewriting the history. I was there to see the birth and death of many good products that have been killed by Microsoft tactics (dr dos, stacker, framemaker, borland C++, ...). One of my most usefull book at that time was http://www.amazon.com/Undocumented-Windows-Programmers-Micro.... Many people have lost a lot of time because of the monopoly of Microsoft. How much time lost because of IE6 ? I have lost a lot of time between 1999 and 2002 because visual C++ was not compliant at all with the standard published in 98.
My opinion is that all the time lost because of Microsoft has been detrimental to computer science progress.
But Gates isn't wrong, providing Internet access isn't what they need right now. They need safe water, and a cure to malaria, and improved medical services, and dozens of other things. Where Gates argument falls down is that it doesn't need to be a single focus, why not have the Gates foundation solve malaria cures why another goes after safe water, and another goes after Internet access. A multi-pronged attack to improve lives, and to give them the tools to improve their own.
Pissing your day away on HN debating what Bill Gates said about malaria and the internet for the second time in three days is probably not one of those worthwhile contributions. The world isn't going to be any different after our discussion. It will be a little better because Bill took action.
Technology has made incredible inroads in the continent. While we fret over Facebook running slow on 2010-era Android phones, micro-economies are thriving thanks to feature phones in Africa's poorest regions. Children who leave to work in the city are able to transfer money back to their village. They top up the village cell phone owner's pay-as-you go account, the owner then pays out that amount (in cash) to the family there. Farmers are able to get up-to-date info on crop prices, helping them from getting short-changed by opportunistic buyers.
Yes, there are parts of Africa where fresh water and basic medicine are the biggest need, but there are also much larger parts where those needs are (to some degree) met. There are many forms of charity and humanitarian aid, they can all have a massive positive impact on the communities that receive them.
>> But asked whether giving the planet an internet connection is more important than finding a vaccination for malaria...
You cannot spend all your resources just on one problem. Governments spend on space exploration while spending a much bigger sum on poverty eradication, health and so on. Also, internet penetration can be a great tool in fighting some of the problems mentioned.
The above snippet represents the kinds of things discussed in the article. He talked about the internet for like one sentence. Bad thread title
And whatever problems can be solved by information, the poor are already making do via cheap mobile phones and their own ad hoc social networks. Which is probably the only thing that's viable for them, considering many can't even read properly and so speech is the best form of communication for them.
You could say that Internet access will create new industries and opportunities and the economic benefits will "trickle down", but 1) the timeframes are much larger (as Gates says), and 2) in my limited experience, very little seems to trickle down below the lower middle class. In fact, in India, the lower classes decry the "IT outsourcing" revolution, because prices went up across the board because the middle class suddenly had more disposable income. This did create a bunch of new jobs in the service industry, but on the whole the price increase only made things worse for the very poor.
For instance, the basics beyond food and shelter. Something we take for granted, like, say electricity, is not easily available to them. To get them Internet, you have to first get them power.
And then you have to convince them to let their kids peruse the Internet, because that's not going to earn money for their next meal, whereas going out and working in the fields or a construction site is.
The ironic thing is, many of them are aware that education is important, but in a very shallow way: to them, if it doesn't come with a degree attached, it's a complete waste of time. Not only is that mostly true for their situation, they lack the foundation to even imagine that they could actually apply the knowledge themselves to improve their own lives. Education is the ticket, but it's so much more complex than "here's the Internet, go learn."
It's hard to appreciate their situation until you spend enough time in the poorer parts of a third world country and see this day in and day out.
https://news.ycombinator.com/item?id=6658518
You have taken a title from the sub-head ("The internet is not going to save the world, says the Microsoft co-founder, whatever Mark Zuckerberg and Silicon Valley’s tech billionaires believe. But eradicating disease just might.") and kludged it to fit the 80 char limit.
Your choice is much less link-baity than the other submission. But it's still more link-baity than the real FT title.
HN does have a problem with titles. Perhaps people just need to post the real title and then make another post with their response to the article. But that means that people reading /new need to make several clicks - read the article and read the first comment before upvoting, and /new has a problem with not enough people upvoting from it.
The dupe-checker missed this.
http://www.ft.com/cms/s/2/dacd1f84-41bf-11e3-b064-00144feabd...
http://www.ft.com/intl/cms/s/2/dacd1f84-41bf-11e3-b064-00144...
I find that the latter part of your statement unfair. Was the title different when you made this comment? You make it sound like the submitter editorialised whereas these are words from the sub heading i.e. still from the source - It's hardly 'kludged'. The real title is so bland it's almost useless.
Yes, I agree that HN sometimes has a problem with titles but I've no idea what the solution is.
This submitter has "kludged" the subheading to fit the 80 char limit.
Because HN forces people to use 80 chars, and because article authors use stupid titles, this submitter had to use the sub-heading. But they couldn't use all the subheading, and thus they've pulled out the interesting bit.
> I find that the latter part of your statement unfair.
Yes. I'm not very good at expressing myself or making my point.
Two that spring to mind are kiva microloans (http://www.kiva.org) and the 'Gravity Light' that replaces expensive and dangerous kerosene lamps with kinetic-energy powered LED lights (http://deciwatt.org/)
I suspect that these kinds of small projects, dealing with small amounts of cash, or lighting, or water purification, or similar, are the technology projects that might contribute really usefully and in very short timescales.
Anyone else offer up some examples of cheap, near-term technology projects that HNers might want to get behind?
The interesting things I have heard from that experience are that (1) raising money/awareness is incrediblely hard and time-consuming (2) western building methods don't work well in rural Kenya and (3) the locals are resourceful/hard-working in ways that put us startup founders to shame.
I think Bill Gates is right about what matters because we have to get our population growth under control and the best way to that is insure that children survive and are healthy. Possible good outcomes open up when you don't have a desperate, damaged population living day-to-day.
I do wish he would be a little more involved on the energy/climate change front. Population and Energy are going to be the defining issues of the next two hundred years.
Look at South Korea, for example. In the 1950s they had been devastated by several wars (WWII and the Korean war). Today they are a wealthy industrial power house.
It may seem non-intuitive that today countries that are wracked by war, starvation, terrorism, corruption, and disease will end up with mass ownership of tablet computers over the next few decades, and that doing so will be one important facet in becoming wealthy, industrialized nations in the next few decades after that, but it's almost certainly going to happen.
Of course, spending a considerable amount of effort on curing malaria in the short-term is probably also a good idea regardless.
[citation needed], really. I don't think education was the determining factor in jumpstarting the South Korean economy. South Korea recovered due to external cash and infrastructure investment:
"Much of the country's infrastructure was destroyed during the Korean War that followed in 1950-1953. After the war, South Korea became heavily dependent on U.S. aid." -- http://www.southkoreagovernment.com/economy.htm
I do think there are situations you can't think yourself out of, or be educated out of. Examples are sickness or lack of infrastructure. It's no good having mobile internet access to the wikipedia article on malaria if your child has the disease, you've never been to school, there are no healthcare workers, no available vaccines, and there is no power socket to charge your phone...
And while the internet isn't going to save them, computers and the internet open up an entire world of knowledge, and can empower people...
Besides, considering there is massive unemployment and underemployment in most 3rd world countries (especially amongst youth), I really don't think illness has any effect on overall productivity...
Furthermore, history has shown, with few exceptions, that quality of life, healthcare, prevalence of disease and every health metric gets better with economic prosperity...
@wmeredith Providing a man with all the intelligence in the world is a noble thought but if he does not have the power to use that intellect, it is again lost. That knowledge is useless without having the tools. "Teach a man to fish, but without a net he sits on the shore wrapped in sorrow watching the fish he knows he could catch swim past."
Even in my 30's, I've consciously started to make decisions about how I want to spend my time. Do I want to play video games for 3 hours, or go out and mountain bike for 90 minutes, or spend time with my dogs or my family? I'm pretty sure Bill went through the same thing, albeit he has a ton more money and those decisions were easy for him to use his resources to try and be a huge agent of change.
It probably also has to do with his legacy. Does he want people to remember him as the tyrant who ruled MS with an iron fist and his idea to rule the world? Or as a kind, gentle billionaire pouring his vast resources into solving some of humanities toughest problems?
He didn't suggest that people pour money into malaria either, really, he just suggested that they don't pour it into connectivity, and he had a really good point. But if people want to do that, then maybe we can solve malaria and polio AND get people connected at the same time!
Playing the devil's advocate: Cancer treatment.