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
The Global Fund is a central player in the progress being achieved on HIV, TB and malaria. It channels resources to help countries fight these diseases. I believe in its impact because I have seen it firsthand.
Imagine the disincentive to software development if after months of work another company could come along and copy your work and market it under its own name...without legal restraints to such copying, companies like Apple could not afford to advance the state of the art.
In a system of capitalism, as people's wealth rises, the financial incentive to serve them rises. As their wealth falls, the financial incentive to serve them falls, until it becomes zero. We have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well.
The genius of capitalism lies in its ability to make self-interest serve the wider interest. The potential of a big financial return for innovation unleashes a broad set of talented people in pursuit of many different discoveries. This system, driven by self-interest, is responsible for the incredible innovations that have improved so many lives.
...one of the most inventive forms of creative capitalism involves someone we all know very well. A few years ago, I was sitting in a bar here in Davos with Bono. Late at night, after a few drinks, he was on fire, talking about how we could get a percentage of each purchase from civic-minded companies to help change the world. He kept calling people, waking them up, and handing me the phone to show me the interest.
When you lose a customer, it can be tempting to tell each other, "That customer's not very sharp. They just made the wrong decision".
The tool that's most associated with the recent progress against malaria is the long-lasting bed net. Bed nets are a fantastic innovation. But we can do even better. We can invent new ways to control the mosquitoes that carry the malaria parasite.
Learn from your unhappy customers.
Automation applied to an inefficient operation will magnify the inefficiency.
The power of capitalism to mediate the gap between rich and poor is pretty incredible. Indeed, I think, year by year, the gap gets less.
Who can afford to do professional work for nothing? What hobbyist can put three man-years into programming, finding all bugs, documenting his product, and distributing it for free?
Computers and games don't waste time - people do.
No more misquoted forms, lost invoices, redundant entries, missing checks, or delays caused by incomplete paperwork.
I can understand wanting to have millions of dollars; there's a certain freedom, meaningful freedom, that comes with that.