What: Bill Gates Wired Essay
POINT TO PONDER:
"Technology is unlocking the innate compassion we have for our fellow human beings. In the end, that combination—the advances of science together with our emerging global conscience—may be the most powerful tool we have for improving the world." - Bill Gates
More of article below:
"This realization led me to rethink some of my assumptions about how the world improves. I am a devout fan of capitalism. It is the best system ever devised for making self-interest serve the wider interest. This system is responsible for many of the great advances that have improved the lives of billions—from airplanes to air-conditioning to computers.
But capitalism alone can’t address the needs of the very poor. This means market-driven innovation can actually widen the gap between rich and poor...
I have been sharing my idea of catalytic philanthropy for a while now. It works a lot like the private markets: You invest for big returns. But there’s a big difference. In philanthropy, the investor doesn’t need to get any of the benefit. We take a double-pronged approach: (1) Narrow the gap so that advances for the rich world reach the poor world faster, and (2) turn more of the world’s IQ toward devising solutions to problems that only people in the poor world face. Of course, this comes with its own challenges. You’re working in a global economy worth tens of trillions of dollars, so any philanthropic effort is relatively small. If you want to have a big impact, you need a leverage point—a way to put in a dollar of funding or an hour of effort and benefit society by a hundred or a thousand times as much.
One way you can find that leverage point is to look for a problem that markets and governments aren’t paying much attention to..
Catalytic philanthropy doesn’t replace businesses. It helps more of their innovations benefit the poor...
People often ask me, “What can I do? How can I help?”
Rich-world governments need to maintain or even increase foreign aid, which has saved millions of lives and helped many more people lift themselves out of poverty. It helps when policymakers hear from voters, especially in tough economic times, when they’re looking for ways to cut budgets. I hope people let their representatives know that aid works and that they care about saving lives. Bono’s group ONE.org is a great channel for getting your voice heard.
Companies—especially those in the technology sector—can dedicate a percentage of their top innovators’ time to issues that could help people who’ve been left out of the global economy or deprived of opportunity here in the US. If you write great code or are an expert in genomics or know how to develop new seeds, I’d encourage you to learn more about the problems of the poorest and see how you can help.
At heart I’m an optimist. Technology is helping us overcome our biggest challenges. Just as important, it’s also bringing the world closer together. Today we can sit at our desks and see people thousands of miles away in real time. I think this helps explain the growing interest young people today have in global health and poverty. It’s getting harder and harder for those of us in the rich world to ignore poverty and suffering, even if it’s happening half a planet away.
Technology is unlocking the innate compassion we have for our fellow human beings. In the end, that combination—the advances of science together with our emerging global conscience—may be the most powerful tool we have for improving the world."
For the whole article go to http://www.wired.com/business/2013/11/bill-gates-wired-essay/
