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Print E-mail del.icio.us 51 comment(s) - last by Pale Rider.. on Aug 9 at 10:26 AM


Carlos Slim  (Source: Keith Dannemiller/Corbis)
One of the richest people in the world is now doing his part to help get technology in the hands of the poor

Mexican telecom billionaire Carlos Slim, one of the richest men in the world, recently announced his plan to offer "hundreds of thousands" of notebooks to children in Mexico.  He is ready to contribute up to $70 million to the program in 2007.

Slim initially promised as many as 250,000 low-cost notebooks this year and the possibility of as many as 1 million notebooks in 2008 -- with an average cost of $250 to $300 each.  Slim expects the cost of the notebooks to lower over time, but did not offer specific estimates. 

The notebooks will first be offered to schools and libraries, at which point Slim expects to extend the offer out even further.  Slim noted this "digital education" could be the key to help struggling Mexicans get a better education.

"The scheme in public libraries would be for them to lend them out, like books," Slim said.

Slim's Telefonos de Mexico, also known as Telmex, would help the libraries and schools create wireless networks for all of the notebooks.

According to Reuters, Slim's estimated $67.8 billion officially makes him the richest man in the world, overtaking Microsoft's Bill Gates.  Even as the likely world's richest person, Slim will donate as he sees fit -- noting that he will not compete with Bill and Melinda Gates in a philanthropy competition.


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Why? Because...
By xphile on 8/4/07, Rating: 0
RE: Why? Because...
By DonkeyRhubarb on 8/4/2007 5:07:15 AM , Rating: 4
Give it a break. A generous person is giving up his money completly for free for the good of people who could otherwise not have this item.

I say well done! and any generosity that helps balance the world out and make life that little bit better for all is very welcome!


RE: Why? Because...
By geeg on 8/4/07, Rating: -1
RE: Why? Because...
By Lonyo on 8/4/2007 10:29:15 AM , Rating: 2
Yes, clearly he should give away all his fortune in one go on laptops.
Or he could not.

Just because he's starting small doing one specific thing doesn't mean he won't give away more over time. Nor obviously does it mean he will, but IIRC Bill Gates didn't start giving away his fortune as soon as he got it, nor has he given away that much of it now.


RE: Why? Because...
By FITCamaro on 8/4/2007 11:52:52 AM , Rating: 1
Actually Bill Gate's entire fortune will be spent within 50 years after him and his wife die on things like education and health through the Bill & Melinda Gates Foundation. His foundation donates over a billion dollars every year as it is to education and scholarships. Both here and abroad. No not all the money going out of the foundation is his but still.

So no, he doesn't give anything.


RE: Why? Because...
By deeznuts on 8/6/2007 2:54:58 PM , Rating: 2
Bill Gates was widely criticized for not donating until very recently. IIRC, he stated he wasn't going to donate until much furhter in life, however, aging and criticism has accelerated this.


RE: Why? Because...
By tacorly on 8/4/2007 2:29:26 PM , Rating: 3
zomg maybe no one should aspire to be that successful person and big business shouldnt exist, go communism
/sarcasm


RE: Why? Because...
By Pale Rider on 8/9/07, Rating: 0
RE: Why? Because...
By nayy on 8/4/2007 1:07:12 PM , Rating: 5
As far as i know he is a decent guy, he and his family are involved several charity organizations,
But he didn't become the world richest man by making dumb decisions, here are some facts about telmex, his main company (please don't quote me on this, they are just to give you an idea):
1. Telmex provides about 80% of land lines in Mexico
2. Telmex has about 70% of the cell phone lines
3. Telmex is the biggest computer seller in Mexico,(gives credit with the land lines contracts)
4. Telmex is the biggest ISP in Mexico probably with over 60% SOM for both dial-up and broadband services.

By giving away computers he is not only going to get some nice tax deductions, but he also is promoting the expansion of technology in Mexico which will eventually convert in more business for his company. He probably doesn't see this as just a nice thing to do, but in a way sees it as an investment.
Don't get me wrong, this is just the right kind of business practices that Mexico needs, I think it's great.


RE: Why? Because...
By xphile on 8/5/2007 12:52:45 AM , Rating: 2
So I get rated down because I have a sense of humour and nobody else can see that if you take what I said another way it is subtly very funny? Some of the people here are just far too serious by far.


RE: Why? Because...
By wordsworm on 8/5/2007 11:20:43 AM , Rating: 2
Did you miss the part about him making his money off of telephone networks? This probably has as much to do with him trying to educate these kids enough so they grow up hooked to the internet and computer technologies. If these kids grow up making more money than their parents, then they'll be able to spend more money, and he'll become richer than he is now. Of course, I think everyone would benefit from that scenario, so it's hard to complain. But I just wanted to say that he's probably doing this for his own good, and not just the good of his countrymen.

I wonder how Bill feels about being ousted... I still think Queen Elizabeth II and the Pope sit on more impressive fortunes. Most of their wealth is on paper. The Pope is sitting on wealth that's been building for about 1500 years.


RE: Why? Because...
By Lord Evermore on 8/5/2007 9:38:39 PM , Rating: 2
The Pope does not have a personal fortune, the Vatican does.

As for the Queen, didn't they have to have a garage sale a few years back to pay the bills?


RE: Why? Because...
By Oregonian2 on 8/6/2007 2:23:48 PM , Rating: 2
I agree. People are shooting the gift horse in the mouth.


sigh...
By jay401 on 8/4/2007 10:35:01 AM , Rating: 1
There are so many more appropriate ways to improve the education of children than to give them a crutch like a computer. They could start by funding libraries and schools so they can maintain a decent assortment of books and reading materials and encouraging kids to read. They could fund shop, physics, and home ec classes with tools and supplies so kids can learn how to build, maintain, and fend for themselves.

Arguably the ability to read and to use one's hands for things ranging from the basic essentials like building shelter and a knowledge of edible foods and how to grow, harvest, and prepare them; to the ability to construct and repair mechanical devices and structures, are much more important than spending time on the Internet - or even, dare it be said, learning to type.

When electricity goes out or is unavailable, which is an eventuality of greater and greater likelihood as infrastructure ages and natural disasters increase, that computer isn't going to be worth a darn, but if you can build shelter, provide for you and your family, and collectively build and repair more advanced mechanical constructs, you'll be much more useful than a web-savvy gamer.

Not to mention you're much more likely to be in better physical shape to survive disasters and catastrophes that displace people.

But yeah, give all the kids a computer. That's what they really need...




RE: sigh...
By killerroach on 8/4/2007 11:38:57 AM , Rating: 3
From the sounds of things, the article appears to indicate that Slim is improving the library infrastructure in these areas... and networking is something that can help in improving the ability to be able to not only find where information is, but to get it. Increasingly, the digital resources are as important to learning and understanding of the world around them as books and journals, and the library landscape needs to adapt to reflect that. Kudos to Slim for this initiative.


RE: sigh...
By FITCamaro on 8/4/07, Rating: -1
RE: sigh...
By akugami on 8/4/2007 1:19:16 PM , Rating: 3
I understand some of where you're coming from, being a legal immigrant to the US and I hope to gain my citizenship soon (application is already in the mail). However, one would think that Slim trying to improve the education of Mexican children will contribute to less illegal immigrants into the US.

After all, if they get a better education and build up Mexico (which creates more wealth and jobs), they won't need to come to the US illegally. You can't just seal up the borders and hope nobody can make it in, you need to try to solve the underlying cause of the illegal immigrants coming to the US. Basically there are no jobs where they are coming from. Building up Mexico through programs like education is what's going to solve this problem.


RE: sigh...
By smitty3268 on 8/4/2007 1:27:39 PM , Rating: 3
quote:
but put plenty of people out of work who would gladly do the jobs they do but can't afford to do it for $10-20 a day as they will.


While I don't disagree with everything you said, I had to laugh at the above quote. There was a chicken factory that got raided (in Georgia I think), and nearly all of the 1000 employees were deported. Did the company go out and hire Americans for twice the cost? No, of course not. They made a deal and got prison labor to replace the illegal immigrants.

Also, a lot of illegal immigrants do pay taxes.


RE: sigh...
By HrilL on 8/4/2007 4:04:00 PM , Rating: 2
Yeah I have to agree a lot of them do pay taxes since they do in most cases have fake or stolen SSN. Just last year the Manager at a ranch I used to work at got a letter from the IRS since they were getting about 10 grand a year under his daughters SSN and they wanted to know why they were not paying taxes anymore. Someone was using her # to pay their taxes...


RE: sigh...
By wordsworm on 8/5/2007 10:49:23 AM , Rating: 5
Daily Tech really ought to allow people to be rated lower than -1.


RE: sigh...
By wordsworm on 8/5/07, Rating: 0