He continues: “There are some things capitalism doesn’t do a good job of. For example, malaria is a disease that is only in poor countries, and those poor countries can’t create the tools to solve that problem.”
While tech giants tout artificial intelligence (AI) as a panacea for everything from productivity to drug discovery, Bill Gates says real progress on the world’s toughest problems will hinge on philanthropy, not profit.
“If you’re optimising for human improvement rather than just from a pure profit motive, you’ll need to tap into deep innovation,” the Microsoft co-founder and co-chair of the Gates Foundation says at the ATxInspire event in Singapore on May 6.
