It’s surreal to be at this JP Morgan AIS Summit, and I can’t get LMFAO out of my head. =)
Bill Gates over dinner: “When I read the Steve Jobs biography, I thought I should have stayed in it for four of five more years and given him some competition.
But I learned that there is someone more rude than I am.”
Charlie Rose: “Ah, Walter Isaacson noticed that.”
On philanthropy in China: The Chinese billionaires are first generation so they have huge generosity. First generation fortunes are much more generous than inherited fortunes.”
“China is full of technocrats. You can sit and have a technocratic conversation. I n D.C., you hear “they’re wrong and I’m right.” How do you know? What are you talking about? It’s very easy to get confused in D.C. We need technocrats. In healthcare and education we spend twice as much and get worse results. Have you read Obamacare? I did. There is some crazy creative writing in there. Some analyst wrote that premiums for people in their 50s will not be greater than 2x people in their 20s. I’m just looking for an infusion of IQ. The issues are so complex, we need technocrats.”
“U.S. philanthropy goes 90% to the U.S., itself a wealthy nation, and 3% goes to poor countries. My awareness of global needs before my 40s was about nil. In India I would see a lot of poor people, but I have to get to a meeting. It changed when Melinda and I went to Africa.”
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