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We weren't trying to just go public and get rich. There was no near-term thing. It always was this many-decades thing where there were no shortcuts and we'd sort of put one foot in front of the other.
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Every company can choose whether to lead or follow the emerging digital trends.
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Software is definitely engineering. It's different in that we take on novel tasks every time. It's not like building a certain bridge that is virtually identical to some previous bridge or some previous building.
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I see little commercial potential for the Internet for at least ten years.
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Rich countries can afford to overpay for things.
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Taxes are an investment in America.
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During the past two centuries, innovation has more than doubled our life span and given us cheap energy and more food. If we project what the world will be like 10 years from now without continuing innovation in health, energy or food, the picture is dark.
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The mainstream is always under attack.
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Today, the issue isn’t quantity of food as much as it is quality-whether kids are getting enough protein and other nutrients to fully develop.
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In the decade ahead I can predict that we will provide over twice the productivity improvement that we provided in the '90s.
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Energy innovation is not a nationalistic game.
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A bad strategy will fail no matter how good your information is. And lame execution will stymie a good strategy. If you do enough things poorly, you'll go out of business.
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The most impactful dollars that Australia can spend are actually what goes to help the poorest.
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The tablet is not mainstream. Reading off the screen is not mainstream.
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Energy is very primal stuff and there are a lot of leads that are promising, still at a fairly risky stage, but over the next decade some of these breakthrough approaches are going to pay out, and U.S. research and U.S. leadership on this should be part of how it gets solved.
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I have drifted away from thinking about these philanthropic things. And it was only as the wealth got large enough and Melinda and I had talked about the view that wealth wasn't something that would be good to just pass to the children.
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The leader needs to create an environment in which people can analyze the situation and develop a good response.
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Government investment unlocks a huge amount of private sector activity, but the basic research that we put into IT work that led to the Internet and lots of great companies and jobs, the basic work we put into the health care sector, where it's over $30 billion a year in R&D that led the biotech and pharma jobs. And it creates jobs and it creates new technologies that will be productized. But the government has to prime the pump here. The basic ideas, as in those other industries, start with government investment.
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People who feared IBM were wrong, ... Technology is ever-changing.
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When I was trying to figure out why lives have improved so much in the last 300 years, where we've gone from a third of kids dying before 5 to - by 1990 it was down to 10% - now it's down to 5%. And saying why, over all history, there were smart people, but that number didn't change. Average life span didn't change. What's magical about what's been deemed the Industrial Revolution? It's really energy intensity.
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Vaccination is pretty special because you can do a vaccination campaign anywhere in the world. All you are doing is gathering women from the villages, getting them the vaccines and asking them to go around and find the children.
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In ninth grade, I came up with a new form of rebellion. I hadn't been getting good grades, but I decided to get all A's without taking a book home. I didn't go to math class, because I knew enough and had read ahead, and I placed within the top 10 people in the nation on an aptitude exam.
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I spend a lot of time reading.
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On the supply side, for innovation, you'd say, go look at those R&D budgets, and they haven't moved in the last 20 years. In the case of the US - which is the majority of R&D funding across every category you can name: health, energy, whatever - it's been about $5 billion a year from the Department of Energy.