Bill Gates On Private R&D
In a wide-ranging interview with The Atlantic recently, Gates tacked pretty hard to the left. “There’s no fortune to be made,” he said, when it comes to developing clean energy sources and mitigating climate change. Besides, he pointed out, “the private sector is in general inept. How many companies do venture capitalists invest in that go poorly? By far most of them.”
The tech magnate, who has pledged $2 billion of his own money for R&D (which seems like a lot until you consider that he is worth $79.2 billion, according to Forbes), said he was pleasantly surprised when he dug into the history of government research into big scientific questions.
He’s an interesting guy, to say the least.