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  (Source: Bill and Melinda Gates Foundation)
Former CEO remains focuses on charity, says no country will be "poor" by today's standards by 2035

William Henry "Bill" Gates III, former CEO and co-founder of Microsoft Corp. (MSFT), had some good news for third world countries -- by 2035 there will likely be no "poor" countries by today's standards.  Today, Gates is known for his philanthropic work in fighting poverty and disease in developing nations.
 
I. Poverty Can be Defeated, Says Gates
 
The world's richest man said in the Bill & Melinda Gates Foundation's annual letter to donors that by 2035 -- 21 years from now -- he expects all 35 countries currently classified as "low-income" by the world bank, to reach the modest levels of income.  He predicts 70 percent of nations will at least reach the level of average inflation adjusted income seen today in China, and 90 percent will reach at least the levels seen today in India.
 
He says that the currently impoverished countries most at risk include a handful of countries controlled by extremist political regimes like North Korea and a handful of countries with challenging geographical locations, such as the countries of war-torn Central Africa.  Still he feels even these countries have hope of prosperity within a couple of decades.


In the letter he attacked the idea that charitable donations to the third world are wasted via local corruption.  He points to the vital role of donations in reducing the number of nations with active polio cases from 125 in 1988 to 3 today.

Bill Gates
Bill and Melinda Gates visit India in 2011 for charitable work.
[Image Source: Bill & Melinda Gates Foundation]

He pointed skeptics to a commissioned study from his foundation and its economic partners, which was published in a special report [PDF] from The Lancet, the medical organization known for its titular prestigious peer-reviewed journal.  The December report predicts that by 2035 child mortality rates will fall to those of the U.S. or UK in the 1980s -- even the rate in today's poorest nations.
 
He also took issue with the belief that a more prosperous third world would lead to overpopulation.



He commented in a Bloomberg  interview:

The facts are on the side of the optimists.  It’s actually dangerous that people are focusing on the bad news and not seeing the progress we’ve made. It means they don’t look at the best practices, it makes them less generous.

The belief that the world is getting worse, that we can’t solve extreme poverty and disease, isn’t just mistaken. It is harmful.  By almost any measure, the world is better than it has ever been. In two decades it will be better still.

Headlines in a way are what mislead you because bad news is a headline and gradual improvement is not.  We almost have to take a letter like this and speak out and say, ‘Wait a minute, despite how bad we feel about what’s not yet done, we have some approaches that work.’ And the cynicism is holding us back.

If he's right that will be great news for the third world/developing world and for humanity in general.

II. No Return to Microsoft CEO Spot for Gates

While Mr. Gates had good news for charities, he had not so good news for Microsoft -- he's not coming back, despite the company's struggles.

Mr. Gates steered the company through years of record growth, establishing Windows as the dominant computer operating system.  Unlike Steve Jobs, who had to leave Apple, Inc. (AAPL) and mature before returning, Mr. Gates always seemed mature ahead of his years.  And since he's left Microsoft, he's been mature enough to stand by his decision not to come back, despite the temptation of his old post.

Since his retirement in 2000 his successor Steve Ballmer has had more of a hit or miss track record with success such as Windows XP and Windows 7 and flops such as Windows Vista and Windows 8.

Bill Gates
Bill Gates steered Microsoft through its boom years. [Image Source: Corbis]

But today with Microsoft struggling in the increasingly integral mobile market, the company's relevance is arguably at its lowest point in a couple of decades.  PC sales are in historic decline.  OEMs are turning their backs on Windows 8, offering customers the ability to pick Windows 7 instead.
 
Those struggles forced CEO Steve Ballmer -- Bill Gates' hand-groomed successor -- to announce an early retirement, leaving the CEO seat vacant.
 
Some might argue that Microsoft is a charity case these days, and Bill Gates should try to save it.  But Mr. Gates, who is leading the CEO search committee, refuted rumors that he might return to lead his troubled firm back to success.

My full-time work will be with the foundation for the rest of my life.  [In terms of the urgency of selecting the CEO] you always feel that way, but then again you want to pick the best person. They'll move at the right pace.

This isn't the first time Bill Gates has been forced to deny a return.  In 2012 he resoundingly denied rumors that he might return to Microsoft as CEO.

While that news may disappoint the Microsoft faithful, he did add a bit of reassurance commenting that he already is "help[ing] out part time" at the company, and that he will act as an advisor to the new CEO, whoever it may be as they navigate these troubled times for the company.

Well, that's better than nothing, at least.

Stephen
Windows Device chief Stephen Elop (right) is among those rumored to possibly replace Steve Ballmer (left) as Microsoft's CEO. [Image Source: Reuters]

Leading candidates for the high-pressure position include current Microsoft Devices chief Stephen Elop (formerly CEO of Nokia Oyj. (HEX:NOK1V)) or former Skype CEO-turned-Microsoft chief evangelist/business development head Tony Bates.
 
Bill Gates has committed to donate nearly all of his massive fortune to charity by his death, slowly selling off shares in Microsoft.  While he remains chairman of the company and its largest shareholder, he's been slowly cutting his financial ties with the firm in the name of his charitable goals.
 
Mr. Gates owned 49 percent of Microsoft shares when the company went public in 1986, but entered a plan to sell off his holdings on a pre-set basis, selling about 80 million shares a year.  Sales to date have reduced Mr. Gates' stake to 4.5 percent of current shares, or about $12.4B USD worth of stock.  The share sales plan will eliminate Mr. Gates' ownership entirely by 2018, at which point he would presumably step down as board chairman -- a spot reserved for a top investor.

Sources: Bloomberg, YouTube



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This article is over a month old, voting and posting comments is disabled

Graphene Condom
By knightmike on 1/22/2014 1:45:10 AM , Rating: 1
I'm still looking forward to the graphene condoms. I hope they come out before I get HIV.




RE: Graphene Condom
By troysavary on 1/22/14, Rating: 0
RE: Graphene Condom
By powerwerds on 1/22/2014 10:35:56 AM , Rating: 2
You're pathetic if you still think HIV is just a gay disease.


RE: Graphene Condom
By prophet001 on 1/22/2014 10:59:46 AM , Rating: 4
Stay away from sex outside of marriage then.


RE: Graphene Condom
By FITCamaro on 1/22/2014 11:25:50 AM , Rating: 2
It still is PRIMARILY a gay disease in America. That's why you can't give blood if you're gay now or in the past.


RE: Graphene Condom
By superstition on 1/22/2014 1:33:07 PM , Rating: 2
HIV Infection Among Heterosexuals at Increased Risk — United States, 2010 -- March 2013 CDC report

Around 30% of HIV cases in 2009 were from heterosexual sex. The blood donation and sperm donation bans (the latter was implemented by George W. Bush's government) are political heterosexism because both are tested before they're used. Given that 30% of cases of HIV infection involve heterosexuals, it's hardly safe to assume that blood or sperm donated by heterosexual men is safe.

Unsafe sex engagement is what should be used to screen blood and sperm donors, not sexual orientation. Around 50% of young American men report engaging in heterosexual anal sex. Many of them do this without condoms. Furthermore, a large number of men are at least somewhat bisexual. They may transmit HIV to female partners who then transmit it to other male partners. Unprotected anal sex is the primary conduit.


RE: Graphene Condom
By KCjoker on 1/22/2014 6:47:42 PM , Rating: 4
Well that means about 70% is from homosexual(men) sex which is a very large %. Actually my guess is it's probably closer to 60% and the other 10% from iv drug use. And no there isn't a large % of men that are bisexual. That doesn't mean we shouldn't try to cure Aids but don't put your head in the sand.


RE: Graphene Condom
By superstition on 1/23/2014 3:24:05 PM , Rating: 2
quote:
And no there isn't a large % of men that are bisexual.

Bisexual men are the primary source of HIV transmission to women in India. They are a major disease vector.

You're wrong about bisexuality. It's more common than most people realize -- likely because they think it means a person is equally attracted to both sexes.

HIV is a penile disease. If you want to stop its transmission, give all male infants sex reassignment surgery. You can transmit it vaginally and contract it vaginally.

Lesbians, gay women, have the lowest HIV rate -- far below that of heterosexual males.


RE: Graphene Condom
By Da W on 1/22/2014 1:36:10 PM , Rating: 2
No, that because US are a bunch of retards!


RE: Graphene Condom
By troysavary on 1/22/2014 1:15:29 PM , Rating: 4
It was meant to be a joke, but since you went there, time for some schooling. In the developed world, AIDS is mainly a gay and IV drug user disease. Know why? It is spread mainly through blood-blood or semen-blood contact. Vaginal intercourse rarely results in bleeding, anal intercourse does. The walls of the rectum are not designed for throusting into, and frequently tear during anal. If HIV infected sperm are unloaded into a torn rectum, infection is far more likely than if it is in a healthy vagina.

The reason AIDS is so prevalent in Africa in heterosexuals is because of a combination of very high promiscuity and very poor healthcare means there are often open sores from other STDs, leaving a ready access point for the virus.

Now you know. And knowing is half the battle.


RE: Graphene Condom
By superstition on 1/22/2014 1:27:38 PM , Rating: 5
Around half of young American men report engaging in heterosexual anal sex.

The "gay disease" nonsense should be left back in the 1980s with the other HIV myths.


RE: Graphene Condom
By KCjoker on 1/22/2014 6:54:31 PM , Rating: 2
RE: Graphene Condom
By superstition on 1/23/2014 3:25:45 PM , Rating: 2
It's more prevalent in men in general. Does that make it a "men's disease"?

No.

Women aren't immune and neither are heterosexual men.


RE: Graphene Condom
By powerwerds on 1/22/2014 6:24:25 PM , Rating: 2
I wasn't trying to tear your butt about it, but there are jokes and then there are jokes. Thank you for your tutelage, but I only commented because you sounded uneducated.


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