Can We Reduce Poverty with Human Capital?

*What a amazing stage!*

Funny to hear Bill talk about rebellion as sneaking out at night to go work on a big computer.

Pretending to care about people is good for business

The datavis on these slides are amazing

Thank you Bill Gates for being such an inspiration.

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.

I'm watching from Qazaqstan!

Wow! Interesting. Kobby Talks Podcast appreciates this!

@GatesFoundation, would you mind sharing what tool was used to create such great visuals? Thank you so much in advance!

If you believe, I do believe in what you believe. We really need it!

You are doing Great Job - lots of respect to you

His love for numbers is astonishing

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

This is amazing!

God Bless You, @BillGates , #ToughOnTrade #ImpatientOptimists Wishing you success in all you decide to achieve. @DavidjLaurie

Quite astounding.

A SNAKE WITH SPLIT TONGUE!!!

Great presentation - thank you

This is amazing, if there just more people with money and heart in them to change the world for better.

I love the way how they had shown the hole India map including pok...Which is also a part of India.

If Nigeria industrializes it will basically be the nail in the coffin of extreme poverty

Great visuals!!!!!

Thank you Bill for all that you're doing. I'm working on "fixing" this problem too! Much love X

Very very knowledgeble content thanks i respect you

Great presentation

04:44 That's very True.
*Bill, thank you so much for working for Humanity. You're great.*

this type of work is what encouraging me to work hard and make more money to give it back

How can these invitations be introduced to countries with corrupt government?

Great video!

I thought this was a new Power Point ad
(Love Bill Gates btw)

always being inspired by bill!

great man,thank u

Our helper is poor but happy and contented and we are best partner as caregiver to my mom!

May i ask what software do you use for the background presentation? It's beautiful

love you from Nepal

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

Inspiring !

Can anyone please tell me how to make such presentation

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.

Approximately 310 dots counted in leg a + leg b = 438.4062 hypotenuse.

Thanks Bill Gates Sir for reduce poverty in a poor country.

How do you get around population rate to drop when the political structure is religious and or tribal.

Thank you Bill Gates.

How does it work Bill?

Great speech, wonderful enthusiasm and priceless good heart. My inspiration forever.

Thank you will not be enough,but we hope for more issue in africa why not all over the world

I love 💘you Microsoft!

Very good

12:13 I count 60mi not 50mi

God bless🙏💐💐💐🙏 u..,,

É o silck scree e a estamparia que eu já trabalhei.

great bill

Bill should be president of the world. Thanks bill :)

To be seen on tv.

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.

what's the software used ? it's brilliant

Nice

I remember what Tony Robin's said, I don't want to be an inspirator but I would you to ask questions...

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?

Os licores da vida.E a múltiplo escolha.

In the current situation how can we predict .. great. Crisis is going on .. will the world will overcome Corona ..?

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.

But your mind is still young. Go ahead. God continue blessings and cares on all of us. Long lives with good health.

Awesum

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.

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.

I don't no..

He's referring to africa not america but either way the numbers are wrong

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!

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.

I wish more billionaires would use their wealth for humanity. It is so important not to ignore those in need.

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?

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

The problem is that when the percentage of people in poverty are very low, global warming will have started to kick in for real.

One of the world's greatest humans!

Yeah, that's exactly what I've saying. But when I say it, my giant animated infographic wall is 10x bigger and I have techno playing in the background and I wave a special laser around and the laser's beam has it's own lasers and everybody starts rave dancing like Matrix 2 or 3 or whatever it was. And then I stage dive and a holly man in the crowd blesses me with supernatural powers and I start flying around like an anti-gravity supreme being with machine gun legs and rocket arms, blasting fools and doing air burnouts on the roof with my rocket arms.

A great guy with great personality.
Thanks to you and Melinda

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.

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)

I just did it by name

I feel ashamed of the people who visits KRplus to watch many things and not something like this one. 6K views in a week! Seriously!!

$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?

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.

bill gates is a good person.

Love the good work this man is doing🙌🙌🙌

We must make sure that the reduction in poverty is'nt because of the weapons sales, and destruction of economies of some other countries.

Bill Gates = big business.

The youth will astonish the rest of the world with feasible solutions to our challenges
Chronological age is not youth
Youth enthusiast have resolved to never ever be doormats to human
bullies.A person's age has no association to it
A very harmless character with palpable empirical evidence of a solution that is yet to be scientifically proven.
The Holy Bible example of David before he triumphed over the threat of the day (Goliath)
These characters have very limited flaws or no flaw at all but are wired from within and without
Underestimate them and you may never recover your guts when they prove you wrong
Bill Gates pleasant history endears him to them
A billionaire at 21 is hallelujah to wired youth.
Thanks again!

❤❤❤❤❤❤❤❤ Namaskaram ❤❤❤❤❤ sasur ji

God says, The poor you will always have with you. Gates says different. I think I'll believe God.

Bill Gates need to stop talking about charts and numbers and get his ass to the politics arena

Scientist have said africa has valuable water resources under the ground surfaces, is that why you are buying up land there, very cheap.?

Oligarch

Thank you Bill!

OF COURSE IT IS NOT.

In the north of Nigeria, the poverty is so dense because of their low education and islamic indoctrination to not accept education.. They are also the part of the masses used by politicians to forward their campaigns because of the massive numbers of people there.
Also because of how poor they are, just providing food during a political campaign can easily sway them to a particular political party..
In essense, Nigeria's poverty is typically political.

El baby boom

Why are they only 24 thousand views on this video, l am seriously ashamed of young folks who use KRplus

my software (bits ) will savr you all 🙃

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 🤔