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Whenever I read about Bill Gates's philanthropy I always feel slightly depressed. I get the distinct feeling that he is using his money in a way that maximizes
by dissenter 18y ago
Whenever I read about Bill Gates's philanthropy I always feel slightly depressed.
I get the distinct feeling that he is using his money in a way that maximizes social approval, rather than in a way that maximizes benefit. I haven't spent very much time looking into ways to save the world, but I suspect, like in many other fields, the most effective way to do it is not the way that provokes the greatest emotional response.
- altay 18y agoWhatever his motivations are, the numbers don't lie. The Gates Foundation has the largest endowment in the world, by far, and they've got a pretty aggressive plan to spend it all. Here are some projects they've funded, a number of which seem pretty damn unsexy: http://en.wikipedia.org/wiki/Bill_and_Melinda_Gates_Foundation http://en.wikipedia.org/wiki/Bill_and_Melinda_Gates_Foundati... And if you want to talk about maximizing social approval rather than benefit, check out the red iPod program. =P
- Prrometheus 18y agoDoesn't he put money towards fighting malaria? That's a "non-sexy" disease, but one that touches a lot more people than others that grab headlines.
- tokipin 18y agoremember that other rich guy chose bill gates' foundation to be the recipient of his money i doubt that decision was made carelessly