Can We Reduce Poverty with Human Capital?
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- เผยแพร่เมื่อ 17 พ.ย. 2024
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Bill Gates talks about the incredible gains the world has seen and how investing in the potential of young people is critical for progress to continue. He goes on to give examples in Africa and China and discusses how countries can reduce poverty by investing in human capital.
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Thank you Bill Gates for being such an inspiration.
yeah! He is, for all of us. :)
i thumbed this down
He is simply lucky and gives a tiny fraction of his wealth to charity. If he were being honest, he would say: "I care far more about having excessive security than I do about people who have nothing." Just another insincere scumbag.
I still love Bill Gates, but how are we gonna get rid of the Globalists Cockroaches? :/
Troll Face, I don't think that there is anything we can do to prevent people from hijacking good-natured movements; just look at the feminist movement. What I can say is this: We should support endeavors which benefit society. Globalization should not become a global bureaucracy. What we need to support are projects that make nations stronger; for there is no United Nations without sovereign nations and there is no global community without the smaller units of community.
Funny to hear Bill talk about rebellion as sneaking out at night to go work on a big computer.
Well, that and all the hacking and dumpster diving for computer manuals. www.v3.co.uk/v3-uk/news/2044825/paul-allen-spills-beans-gates-criminal-past
That just shows how some people are born great. It sucks that you don't get to choose who you become...that choice is made by the universe. Guess we all have to live with it and hope that great people like Bill will continue to champion a world where being born is not a life sentence of poverty. There should be a bottom line, just not on the floor.
@@kwakutwumasi9155 My people perish because of a lack of knowledge...
Not everyone can understand what he says
@Kristie Hansen Funny I don’t hear crazy when Bill talks. I only hear crazy when you talk.
If you want the government to function well, demand that it be an instrument through which we embody basic moral precepts. We have a shared right to decide limits to overall rated of putting pollution and depleting resources. This implies a shared duty to set actual limits that are in line with what most people think is acceptable. Random polls could show whether more people want increased emissions of carbon or more want decreased emissions. A slightly more complex poll could reveal whether more people want 5% (or greater) reduction in emissions or more people want 5% (or less) reductions per year. If most people want reductions, there will be a rate of reduction that roughly matches average of all opinions. To embody the basic precept that we have a right to limit emissions, we must bring reality into line with what most people want. We must match what we do with average opinion about what we *should* do.
An efficient and fair policy would find the amount of impact endorsed by average opinion, then apply a fee (or sell a corresponding number of permits at auction) that would result in that amount of impact being produced. (As fee amounts increased, people would try harder to avoid producing the corresponding impacts.) Sharing fee proceeds would ensure that the policy is fair. The money would represent the value to society of the natural resource or service in question. It should be shared equally.
Natural Law requires respect of PUBLIC property rights, too:
gaiabrain.blogspot.com/2018/06/natural-law-requires-respect-of-public.html
Bill Gates is such an inspiration and very intelligent
So refreshing that you care, and have the drive and access to resources to make substantial change happen. I hope this doesn't seem cynical, but to me it seems quite possible that tackling extreme poverty in sub-Saharan Africa will be a harder nut to crack than China and India. Both of these countries have had a strong orientation towards helping the poor at an elite level for a long period of time e.g. producing people like Gandhi and Mao. I.e. there has been an intrinsic motivation within these countries to reduce poverty. And with the rapid economic development of these countries in recent decades a by-product has been a reduction in extreme poverty. In India the government positively discriminates towards members of the Untouchable caste, the poorest people, in recruiting for government jobs. But in sub-Saharan Africa it is hard to see this intrinsic motivation. In fact many of these countries rank amongst the most corrupt in the world. e.g. in Nigeria billions of dollars in oil tax revenue has disappeared into politicians Swiss bank accounts, instead of being used to help ordinary people as it could and should have been. So while amazing people like you can provide the extrinsic motivation for these countries to change, there also needs to start being more intrinsic motivation.
If Nigeria industrializes it will basically be the nail in the coffin of extreme poverty
Thezebraherd we are industralizing
dude those Muslims in Nigeria need to slow down. they are breeding too much. their God isn't gonna provide alternative planet.
@@siramike2654 .
why are u racist against rapists?
04:44 That's very True.
*Bill, thank you so much for working for Humanity. You're great.*
Thank you Bill for all that you're doing. I'm working on "fixing" this problem too! Much love X
*What a amazing stage!*
Pretending to care about people is good for business
I feel ashamed of the people who visits TH-cam to watch many things and not something like this one. 6K views in a week! Seriously!!
yes, it is. Web porn pages getting 50 million views average at night and girls showing the tits for views getting 1 million views. What kind of humanity did we become?
@@chenchozan8289 what do you mean, havn't we always been that way?
Perhaps people have woken up to the fact that these lucky billionaires are insincere, self-centered scumbags? He gives a tiny fraction of his wealth to charity during his lifetime.
@Jack Green
I can see you have personal hate against those who worked hard to become rich. No one gave rich people the money they have made in their life. They have earned this. And Bill Gates did not make money by selling stolen oil from the Middle East or selling fire arms during war. But once someone is rich why that is somehow becomes a self-centered scumbags in our point of view? I also donate money to people in need, does not mean I will donate all my wealth immediately. I need good cause and justification. Perhaps you are not wealthy enough to donate money. But even if you donate your labour, you would justify first before you get engaged. I hope you can understand. Chill!
Bill Gates is donating like 97% of his wealth to helping the world. Except he's not exactly just writting checks, he's working to make sure the money does end up where it should
1:41 I'm pretty sure the US is reversing that with their sanctions which is targeted against the people. Not to mention all the destruction they bring. Syria and Yemen are a current ongoing example
Dear Billionaire,
in Cambodia, we always use the word "Eliminate Poverty" or "Eradicate Poverty". We never use the word "Refuse Poverty"
His love for numbers is astonishing
A SNAKE WITH SPLIT TONGUE!!!
Mr. Gates, it was wonderful having you speak at our graduation at Stanford in 2014, and I completely agree with you that investing in human capital is the way to go. That being said, where will the money come from to make that investment? No one person has the money required, and not all governments are as organized as China's:
- aid relies on rich people and rich countries and there simply isn't the required political will to transfer the several trillion per year needed to bring all people out of poverty
- changing corrupt local governments, particularly in South Asia and Sub-Saharan Africa is not possible
- nor is it easy to cause social change.
What I think is much easier is to couple educational conditional cash transfer with industry demand for skilled talent (human capital as you call it) in a sustainable, profitable, and scalable for-profit business model.
1. Pay a few majority world people to learn and master a skill (i.e. software development or design).
2. Find a company or person in a developed country who has a need for a person with that particular skill and is open to hiring a remote worker.
3. Make the match and take either a finder’s fee or a cut on the hourly rate. Use these earnings to pay for education of more majority worlders.
4. Majority worlders making $10-20K per year bring a huge amount of money into their communities. The wealth spreads to their day laborers, restaurants, shops, service providers, educational institutions, etc.
This is my vision of “Learning Dollars” - to pay people to learn and then profitably connect them with global talent or production demand.
I have written about this in detail in a blog post: blog.learningdollars.com/2019/11/17/how-to-end-world-poverty-and-racial-power-imbalance-in-1-generation/
Very inspired by your work, Gobi Dasu (Stanford BSCS, MSCS, Northwestern PhD Student)
@GatesFoundation, would you mind sharing what tool was used to create such great visuals? Thank you so much in advance!
Great speech, wonderful enthusiasm and priceless good heart. My inspiration forever.
He's a creepy globalist weirdo with a vaccine fetish. Wake up
Goddamn it every single one of those propaganda spreading pricks wants someone to wake up it is literally repetitive
If you believe, I do believe in what you believe. We really need it!
This is amazing, if there just more people with money and heart in them to change the world for better.
The datavis on these slides are amazing
this type of work is what encouraging me to work hard and make more money to give it back
Our helper is poor but happy and contented and we are best partner as caregiver to my mom!
The world needs more people with good will, most of the wealthy people could care less about the plight of the masses. So doing great Bill Gates.
The people on the street have a disturbing apathy regarding this very serious problem. The MSM is to blame.
Approximately 310 dots counted in leg a + leg b = 438.4062 hypotenuse.
I could be wrong.
Thank you.
How can these invitations be introduced to countries with corrupt government?
bill gates is a good person.
Not if he believes in depopulation
I love the way how they had shown the hole India map including pok...Which is also a part of India.
I'm watching from Qazaqstan!
I wish more billionaires would use their wealth for humanity. It is so important not to ignore those in need.
I don't think that poverty in the world is a money problem. I think it's a freedom problem. I hope Gates will do something about politics!
So true, that's what walls do.
Without money what will you do?Money is also a problem.Money also affects many people in positive way .
@@kapoorvarun909 well not if your government controls everything.
If people are educated, they are better positioned to help themselves with money and their politics. I think that is why Bill Gates is focused on education and healthcare. These things are less controversial and enable populations to help themselves.
Agreed.
what's the software used ? it's brilliant
I agree with you
Great presentation - thank you
Bill should be president of the world. Thanks bill :)
A 15 minute video about poverty and no mention of capitalism, private property, free markets or economic freedom, which are the ONLY way wealth is created.
Overcame poverty at 1.90$ a day?? Wow...so 3$ a day is not extreme??? People at 50$ a day are still worrying about where their next meal will come from in most of the world.
How does it work Bill?
Very very knowledgeble content thanks i respect you
Thank you Bill Gates.
God Bless You, @BillGates , #ToughOnTrade #ImpatientOptimists Wishing you success in all you decide to achieve. @DavidjLaurie
Has anyone studied if there is a relationship between rise from poverty with rise in CO2? Is there a thin blue line where CO2 does rise?
Dear mr bill gate you are a wenderful person to look extermily poverity...end poverity end poor people live ! This talk is one of the deep talk of the majior investet think too....thank you mr bill for one of the person talk about this big issue no body think as deep .god bless you for your major talk.hailu bekele from ethiopia.
Nobody is awake, this is 5he depopulation man.
Yah
Bill Gates = big business.
May i ask what software do you use for the background presentation? It's beautiful
Our World in Data uses Javascript. I think it's mostly Node.js
How do you get around population rate to drop when the political structure is religious and or tribal.
One of the world's greatest humans!
you are foolish for that dumb comment
Do you believe in depopulation
Question: If the live birth projection really comes true, do we simply shift portions of human capital investment from all over the world into Sub-Saharan Africa?
God says, The poor you will always have with you. Gates says different. I think I'll believe God.
I thought this was a new Power Point ad
(Love Bill Gates btw)
we also need to get the governments and the elites of the new middle income countries in Latin America and Central Asia to start focusing resources on their remaining poor population segments. This is a political challenge rather than an economic one.
$1.90 a day.. could the drastic drop in people living in extreme poverty from 1990 to 2017 be inversely proportional to the rate of inflation?
No. That number is updated based on the inflation on a regular basis. Bill Gates statistics are pretty accurate.
Scientist have said africa has valuable water resources under the ground surfaces, is that why you are buying up land there, very cheap.?
Great presentation
The problem is that when the percentage of people in poverty are very low, global warming will have started to kick in for real.
You are doing Great Job - lots of respect to you
Stick to writing code….
We must make sure that the reduction in poverty is'nt because of the weapons sales, and destruction of economies of some other countries.
He's referring to africa not america but either way the numbers are wrong
Why are they only 24 thousand views on this video, l am seriously ashamed of young folks who use TH-cam
Maybe people don't like Eugenicists.
Mr. Bill Gates. A very good person. Thank you!
In the current situation how can we predict .. great. Crisis is going on .. will the world will overcome Corona ..?
is that many people crossing over the $1.92 per day threshold mentioned at start of talk inflation adjusted or did a substantial amount cross over that threshold by way of the dollars loss in value?
eager to hear the rest of the talk and I think Bill does great work regardless, I just think it's a valid question. $1.92 is a lot less now than in 1990
/resumes watching
I'm sure they have factored it in their calculation. Anyway, I'm from a developing "third-word" country and $1.92 a day can go a long way here (not enough for a comfortable life but not starving).
Shreya Dahal I didn't want to assume but I'm not surprised. I often look at cost of living info on other places and every category blows my mind for some places.
You're inspiration to everyone. But since you have so many statistics... Does any of those consider the local perception of the west and/or religious beliefs? Because I do believe that the very lax, or even missing, relation between people and religion may be an important factor in the current rise of Asia.
I mean, if you judge your first customer to walk in the door, perhaps give her/him a worse deal than locals... what's there to attract more customers?
Edit: I mean, if you're welcoming to your potential customers, you may attract more business.
Wow! Interesting. Kobby Talks Podcast appreciates this!
Can anyone please tell me how to make such presentation
A country which experiences a low birth rate and low death rate receives an economic dividend or an advantage from the increase in productivity by the active population supported by an essential lever which is the establishment of sensitive budgeting dedicated to this effect for a better achievement of these objectives
Greetings" They is total disordered in the election sitting in Cameroon. The face of the reading of the election had taken a different face and a different democrat ways of standing in to the judicial hearing where alot of petition writing and accuse of the government and elecam and the number of years president paul biya had taken the sit. mainly was the on going crisis in the Anglophone provinces in Cameroon. Am doing all this for the president Donald T to intervene and make this work and killing of lives to stop and let people be free of fear. I wish CNN was here in Cameroon Videoing everything for the world to see on the reading and making declaration. The lawyers standing up to call on things happening and fraudulent issues mention. This path of writing to u, is to make way for the better even the first president in Cameroon Ahijo signed the issue of federation in Cameroon for the to nation coming together as one unity. The most powerful world need to see what is happening because it had never happened in Cameroon election ever. They is really something else happening. For a clear confession they are many who are presently now living in the bush and many dead. Please Mr Donald and the UN kindly see what is happening now in the election in Cameroon and how people stood up with their petition and fraud words on the election.I had grown through experiences in life and i had acknowledge a lot of things that holds the future and it gave me the strength of fortification in the ability to buildup principles intelligence for making better standard and reasonable sensibility to secure and to stand for right choices, by given your nation a fulfillment of peace and stability. Don't let our ability and strength of building to be put in waste, be the guide to the needed and secure the strength of ability that is been restored to us. The words running in my head or say mind: When u talk of politic to the populist with assurance of sincerity, put this in mind by A LINCOLN: A majority held in restraint by constitutional checks and limitations, and always changing easily with deliberate changes of popular opinions and sentiments, is the only true sovereign of a free people...... TO THE PEOPLE IN THIS NATION: I am loath to close. We are not enemies, but friends. We must not be enemies. Though passion may have strained it must not break our bonds of affection. The mystic chords of memory, stretching from every battlefield and patriot grave to every living heart and hearthstone all over this broad land, will yet swell the chorus of the Union, when again touched, as surely they will be, by the better angels of our nature.... Desperately wishing to avoid terrible conflict my fellow people. Please if am wrong correct me so that i may ask for forgiveness. God bless u all and God bless Cameroon and God bless America.
always being inspired by bill!
Dear Bill, You refer to extreme poverty, and the numbers do look bright. I had a few successful careers that I enjoyed before breaking my neck in 3 places, and thankfully technology and surgery restored much of my ability so that I can live comfortably, almost painlessly, but with general limitation similar to many healthy retirees, which makes full time employment in my fields, as well as a dwindling job market impossible. This equals more stagnation for myself and many others on very limited incomes. We neither have capital nor credit for startups, and with much training and years of experience, even if we remain curious, studious, we become a very wasted resource. Not handouts, but some organization and leadership would be very welcome, and as various internet services have brought people together in past, I'm appealing to you to please consider something in this direction. Thank you.
Thank you will not be enough,but we hope for more issue in africa why not all over the world
But your mind is still young. Go ahead. God continue blessings and cares on all of us. Long lives with good health.
THE problem in subsaharan Africa was boldly addressed by MELINDA Gates (and not by Bill.) The problem is lack of access to birth control. See Melinda's wonderful TED Talk. A major part of China's success was due to their one child policy. (If the bathtub is overflowing, the first thing to do is turn off the spigot.)
China's one child policy will cause massive problems in future.
Kamau; Chinese fertility rate will probably increase in the future
Bob; African women don't want birth control: they think that 'more children' means 'more wealth'
Hi Eryk, Please watch Melinda Gates' TED talk here:
th-cam.com/video/2BOTS9GAjc4/w-d-xo.html ... in it
she specifically addresses your point. African women desperately DO WANT birth control if they have already had a few kids. Your " more wealth" point applies to their HUSBANDS not to their wives who actually take care of the kids. But Melinda is more persuasive than me. Her talk is one of my favorite TH-cams!
@@bobblum2000 .
have u thought about adopting an african baby? u can do more to help the needy. imagine your child in your lap with his big smile...
I know Bill Gates is trying his best, but I'm surprised he has not made more of a difference.. I mean with his money, he could easily create thousands of projects and jobs throughout third-world countries..
It's not like Bill Gates has billions of dollars sitting in his bank account ready to be spent. He already invested all that money into many companies. He's already creating lot of jobs and projects, Microsoft is changing the world everyday. He's not going to pull that out and move into third world countries. Yet he already donated a large portion of his wealth to charity for poor countries. It's just the way capitalism works, Bill can't do much about it.
OF COURSE IT IS NOT.
Why is Africa considered over populated ,and not china ,or India? Both have populations ,more than Africa, and they are not continents . Africa may be poor, but not over populated, compared to Asia. which has 60% of global population. Have l helped you, after cutting off your leg, then turn around and give you clutches ? Is magreb not considered part of Africa? Are they not part of d AU? Why wouldn't they be poor ,when these governments are given 10% of d proceeds from d oil produced in their country? same as d minerals . Pls read "cocaine politics, war is a racket and economic hitman," then, u may know, why these governments or countries are poor. God bless u all.
A great guy with great personality.
Thanks to you and Melinda
Bill Gates need to stop talking about charts and numbers and get his ass to the politics arena
Great visuals!!!!!
Simple. Share the money with the poor. Without profiting for yourself. Why dies it always end that the poor loose, while you get richer and richer 🤔
Bill Clinton, Bill Cosby and now Bill Gates... This is really disapointing
Great video!
I just did it by name
12:13 I count 60mi not 50mi
Love the good work this man is doing🙌🙌🙌
Quite astounding.
Yeah,,Mr Gates give a lot of knowledge and experience👏
great bill
love you from Nepal
great man,thank u
Perhaps the greatest human being produced by a generation..
I don't no..
I love 💘you Microsoft!
Thank you Mr Gates my friend say you are cute but not gorgeous I say you you attractive and we both agree you speak with such passion to help those less fortunate.
He is Gross
Dear bill gates vaccination process is very slow in our country ..how will overcome this unfortunate crisis
Technology is changing things for the worse. Far to many jobs lost to technology and robots creating poverty.
Some crazy wealthy person should work on reducing the population.
@Anonymous They may try to release a global virus and lie about how it was created then vaccinate all age groups with another virus that will kill even more people who were healthy. Doubt something that crazy could happen but you never know.
This is amazing!
Very good
He's already doing the president's job: (1) Reduce poverty (2) Improve education (3) Eradicating fatal disease (4) Invest in research (5) Create opportunity for the youth (6) Fight climate (7) Improve farming etc. and he doing all these not just in a national level but a global-level. He's doing most presidents job. Doing all these does help economic too, Bill is fixing the problem by starting from the root. Economic don't happen without human. Business will not happen without human; There's no country if there's no human living in. Everything is linked and it always link back to human. and if the human are so busy half of the day surviving (searching for food/being sick) they wont have remaining time for education.Education is not something that your parent want your to read and make you miserable for fun. Education help human to get more information, understanding their surrounding thus they can make better decision, better decision = better economic. You cant fix the economic by just trowing the money into it and you cant fix poverty by just giving them money, not even with Bill's money. With 100 Billions money and 1 Billion poverty population. 100b/1b , each people only get $100, even if they use $1 a day, they only can survive for 100 days.
Fake news.
Fake news is right! Wake up people! Follow the $. He is all for his experimental vaccines that has done so much harm and death. People in Africa and India. Yeah, his record speaks for itself. CRIMES AGAINST HUMANITY. But he is talks a good game. You know, like Obama.
I love you Bill Gates,help make new heavens and new earth!
@Daylight NL really??? When what how? Can you share the link of any such article?
lol
That be God's job