A New Chapter in Philanthropy

In a recent discussion with “CBS Mornings,” Gates stated that he aims to adopt an “equity, value-driven approach” to the distribution of his wealth, focusing particularly on saving lives, especially among women and children impacted by diseases like HIV and malaria.

Rationale Behind the Commitment

Addressing the question of timing, Gates remarked, “You can get more done by spending more money,” highlighting his belief that substantial investment is essential for making meaningful progress.

With a commitment to improving global health, Gates expressed optimism despite the challenges presented by recent foreign aid cuts. As an example, he referred to a UNICEF report indicating that approximately 4.8 million children died before reaching the age of five in 2023.

Concerns Over Foreign Aid Cuts

Gates stressed that recent austerity measures, particularly from the U.S. and Europe, could reverse years of progress in healthcare. He urged leaders to consider the impact of foreign aid, emphasizing that maintaining such assistance could save countless lives and foster stability in poorer nations.

“For 1%, if you can save lives for 1,000 times less than we save lives here, that creates stability in those countries,” Gates explained.

Reflections on a Milestone Year

This year is significant for Gates, marking the 25th anniversary of the Gates Foundation, the 50th anniversary of Microsoft, and his own 70th birthday. Reflecting on these milestones, he described a shift in focus from his earlier career to tackling pressing global issues.

Gates now dedicates his time to various interests, including playing sports and traveling extensively to see the real-world impacts of his foundation’s work. He emphasizes the importance of seeing outcomes firsthand, stating, “I get to travel and see the impact.”

A Vision for the Future

Looking ahead, Gates hopes future generations will not only see a decline in childhood mortality rates but will view the diseases he aims to eradicate as historical anomalies. He stated, “I hope that we will treat all children’s lives as having value.”

Gates also expressed his belief in the potential of artificial intelligence (AI) as an empowering tool for future generations. He noted how AI could significantly enhance educational methods, providing individualized learning experiences for children worldwide.

“Kids will choose what they’re interested in. They don’t all have to be AI scientists,” Gates remarked, highlighting the freedom that advanced tools could provide.