Bill Gates: The Untold Story of Who Bill Gates REALLY Is | On Purpose with Jay Shetty

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This is a world where somebody can have over a hundred billion dollars.

What is that? These fortunes are almost illegitimate unless, in a very smart way, given back.

One of the biggest names in business, tech, and philanthropy.

exploring and investing in innovative solutions to some of the world's toughest problems.

Bill Gates. Starting with Microsoft, where I had monomaniacal focus, giving up weekends and vacation wasn't some big sacrifice.

I loved it. The idea that everybody would use a computer was somewhat ridiculed, so it was kind of fun saying, no, no, this is really going to be mainstream.

If you look at it from the outside, you see Steve Jobs and yourself having this competition, envy, jealousy.

What was it actually like?

He said we were the General Motors and he was Mercedes.

Social networking, we're still arguing about what the policies should be.

Algorithms reward outrageous things, even if they're not at all factual.

I've always underestimated how incredible my father was.

He would say, hey, I'm sorry I worked so hard.

And I'd say, no, no, that was fine.

I feel lucky that he lived as long as he did.

It brings tears to my eyes because he was incredible.

Do you remember one of the final conversations you had with him?

Bill Gates, welcome to On Purpose.

Thank you so much for this opportunity.

I'm so grateful. Great to be here.

I have to start by saying that when I was reading SourceCode, I believe I got an unbelievable perspective and a deep sense of gratitude that I didn't have before for how hard it is to build code, software, and computers.

And I really feel that my generation and beyond have often taken for granted these inventions.

And so I just wanted to start by saying that's what took me by surprise and I was blown away as to the challenges of getting access to even using a computer through being given permission through to all the other battles that came with that journey I was really really amazed and taken aback so thank

you for that how does that how does that feel hearing that the idea that everybody would use computer was somewhat you know ridiculed so it was kind of fun to be part of a movement saying no no this is really going to be mainstream uh we're going to make them cheaper and better.

And, you know, the fact that I was lucky enough through my experience to be in on that secret and to get to kind of lead the way, you know, seeing that software would be the missing piece.

I couldn't have been more lucky.

And, you know, now that's given me a lot of resources to give back.

Absolutely. And that's what I wanted to ask you.

The first question was, what would you say is the most recent invention that you've genuinely been impressed by?

Because I imagine that's quite hard for you, but is there a consumer product or something that really took you by surprise and that you would say impressed you?

Well, my whole career has been about innovation, whether it's Microsoft with software and now all this incredible AI advance.

I do work on climate, which we're trying to come up with innovation that can make clean products cost as little as the dirty products so we can get them out there.

And then my full -time work is the Gates Foundation, where we're always coming up with new vaccines, new drugs.

You know, we're even trying to come up with a way to cure HIV so you don't have to keep taking the medicine there.

You know, I'd say the current work to understand why kids get malnourished is the thing I'm most excited about.

40 % of kids in Africa don't develop their body or their brain and understanding, okay, what is it?

They're getting enough calories, but there's something about that mix that, you know, they never achieve their potential either for themselves individually or for the country that they're part of.

So I've gotten to be, it's, there's so many cool innovations and that the pace of all of that is going faster today than ever in my lifetime.

You know, so it's a real privilege to work with innovators and back some of them on things like malaria or malnutrition, which the market doesn't get resources to do that work.

And, you know, that's where philanthropy can make a very dramatic difference.

Absolutely. And as you were saying, discovering your potential was something that really happened for you on a lot of hikes that you went on in the book and I loved learning about how being outdoors was such an integral part of your childhood and growing up and I was wondering if you could go on any

hike in the world anywhere right now where would it be where would you choose to be I take a lot of vacations near beaches and I you know enjoy whoever I'm with getting you know two or three hours walking on the beach you know that's a great way to get updates from my kids and have them share what they're

doing. I will say the forest hiking that I did as a child up in the Seattle area, it's called the Olympic Peninsula there.

There's just unbelievable hikes.

And even though in that group of boys, I was the least capable hiker and I would always vote for the shortest hike and going home the soonest, just the camaraderie and the kind of beauty, you know, was so stunning.

I really have to get back and do some of those.

I haven't, I haven't done a lot of that since I was, I was young.

Wow. Wow. Is it just a lack of time or?

Yeah. I got myself so busy.

I mean, you know, starting with Microsoft, where I had a monomaniacal focus, you know, kind of giving up weekends and vacation because I wanted to move faster.

It wasn't some big sacrifice.

I loved, loved it, but it meant that I shut a lot of other things out.

And then only when I retired from Microsoft did I get to go back and take a little more time off and, you know, see all the other great things going on in the world, including all this health stuff that is the thing I spend the most time on now.

Yeah, there's so much conversation today I feel about work -life balance.

Do you think that that sacrifice and that dedicated time was necessary for the levels of success, or would it have been possible in another way?

No, I think for Microsoft to be successful, even though we were the first, and we had a broader concept of software than the other companies, we needed to be what I would call hardcore.

And, you know, in that case, the work is what I want to do.

It's not like, oh, God, you know, I've got to earn a little bit more money.

It's, you know, this is the thing that throughout my childhood, I was so lucky, you know, because of my parents and some early friends, school I went to, I had these exposures to computers that were very rare.

And so I had, you know, all these thousands of hours of programming experience and great feedback on, okay, how do you do it better from the very best adults?

I got to see what was coming.

And the idea of being part of making that real, I woke up and said, okay, I'd love to get to work.

My younger self could stay in days at a time.

I don't do that now.

But then it was just in no way a hardship because I felt we were part of something that would be very empowering.

And competitively, I wanted us to be the ones to make it happen.

One of your favorite quotes that I've always loved is you've said, we overestimate what we can do in one year and we underestimate what we can do in 10 years.

At the beginning, did you overall underestimate yourself?

Well, people, when they would hear us say a computer on every desk and in every home running Microsoft software, they were like, you kids are really out of it.

I mean, every desk, every home, you know, what would people do with these things?

But because the chips were improving exponentially, doubling every couple of years, it allowed us to think of the computing part as essentially being free.

And so the only thing that would hold you back is, you know, okay, can you help people with photographs?

Can you help them with documents?

Can you help them stay in touch with people far away or find information?

And we knew over time that as these things got better, it would be part of the mainstream.

And so, as people sort of came around to that, they were like, wow, whether it's at work or at home, this is just part of how people do things.

And we wanted to get it out to everyone, students everywhere, even in the countries that are low income.

You mentioned your parents earlier and when I was reading this book, I felt like they are such a big part of this book and the storytelling and the incredible experiences and memories.

And one of the things you mentioned is you say that they felt that they accepted that you were different from your peers.

And I was wondering in what way?

How did you know that they'd seen that and accepted that?

Well, it definitely confounded them that sometimes I was pushing back in a pretty tough way, you know, as though, you know, we were in some competition.

They would hear from teachers, and they were very good about staying in touch with my teachers.

You know, some teachers would say this kid should be skipped ahead one or two grades.

Some teachers would say this kid should be held back.

You know, so that kind of is what?

You know, make up your mind.

you know, I had one experience where I worked on a report about the state of Delaware, and I ended up doing this 200 -page report with the Great Wood cover while the other kids turned in, you know, five or 10 -page reports.

And it was very embarrassing that I thought, wow, did I, you know, kind of overdo this thing?

And yet, you know, that ability to concentrate, you know, would hold me in good stead in terms of reading long books and applying that concentration and curiosity, first to cards, then to math, and then finally to software and how would software change the world.

But, you know, they never were quite sure what to do.

And, you know, sending me to a therapist actually ended up being brilliant.

And sending me to a very nice private school where the classes were a bit smaller and, you know, I could get, I always got an unfair share of attention from the teachers, you know, we'd have like 15 people in the class, but, you know, almost 20 % of the teacher's time in terms of telling me what to read

or, you know, marking my writing up, you know, I got an unfair share, partly because my curiosity or energy level, you know, did mark me out in both positive and negative ways.

Yeah. What influence do you think Dr.

Cressey actually had on you?

because therapy at that time and in your early age, looking back on it now, what do you feel it gave you?

What skills did it give you?

Well, it was a very rare thing.

In fact, the other people coming to him were these couples that were having arguments.

And so, in a, I hope, privacy appropriate way, he would kind of give me a sense of that.

He gave me a few IQ tests.

He had me read about Freud and all these things.

But slowly but surely, he was saying to me that fighting your parents really has no purpose.

I mean, they really do love you.

They're on your side.

You should apply your energy towards other things.

And, you know, eventually he made me feel kind of foolish, like, yeah, why was I taking these, what I thought were kind of arbitrary rules or where my mom would say, you should respect me.

And I'd say, well, you know, I don't know.

And a little bit, as I figured out, I could understand things like playing cards as well or better than my grandmother.

Or, you know, I could read books that had complicated things.

I was a bit showing off to saying, because my cognition is good, why should you be able to set arbitrary rules?

But anyway, I'm embarrassed when I think about it now.

But Dr. Cressy was so encouraging to me in general and then got across.

He probably understood at the first meeting That I had to be convinced to make this change But he did it in a super nice way And so the idea that my parents Yes, they're imperfect But wow, they're on my side That changed my behavior Yeah, and he also had these beautiful ways Of you said he never belittled

you And I believe he used to mention to you You're going to win or he wanted you to win.

And I feel like that's, what did those things do?

Because it's almost like you're saying he made you have this, almost this realization that you were wrong, but it seemed like he did it in a very graceful, elegant way.

Like, how did he do that?

Absolutely. They, you know, I thought, oh, I need to be so clever to win and I'm going to apply all this energy to win.

And so the idea when he says, no, you're going to win, it's like, oh, I see.

It's not because I'm clever.

It's because it's us, you know, they care for me and they're trying, you know, to help me.

And, you know, their main concern is, am I ready, you know, to go out in the world?

And if I have capabilities, will I develop those and use those?

And, you know, my mom always had a way of kind of pushing me to do more.

I said to her once, you know, you told me to go to the heart of school.

And she said, no, I never actually said that.

And I said to her, well, wait a minute.

When other parents would come over, you'd say how bad they must feel that their kid didn't go to college or something like that.

So, okay, it was indirect, but, you know, it was kind of there.

So, you know, my mom certainly encouraged me, you know, and sometimes I felt overwhelmed by that.

But my eventual reaction to just, okay, try to outdo any levels, she said, and ended up working out well.

Yeah. What was something that you didn't value about your mom at that time that now looking back, you say, no, I do value that?

Well, things like table manners.

I'm like, well, you know, okay, I have to take the ketchup and put it in a bowl and then do this.

And I'm not supposed to put my elbows on the table.

And, you know, she was just, you know, trying to make sure I was civilized a little bit, you know, what I would wear.

And they definitely got me engaged with adults.

You know, my social skills were slow to develop with people other than a few boys like myself.

But with adults, because they were having them over and I, you know, got so I could ask those adults to talk about what they were doing.

that was really valuable to me because I ended up through that and through one of my early friends having more of an outlook of, okay, where am I headed at quite a young age, which was super helpful.

Yeah. It's so funny.

As I was reading the book, I was reminded of, so when I graduated from college, I didn't go to my graduation ceremony because I left to become a monk.

And my parents were, they were very kind and accepting of my decision, but my mother still has this feeling that she doesn't have a picture of me graduating, wearing the hat and, you know, holding my certificate.

And I remember I was having the same feeling that you were, where my mom would always say to me, Oh, when I go to my friend's houses, they're telling me about all the jobs that their kids are doing and the apartment they just moved into.

And you're just there being a monk.

Like, you know, she'd say that to me.

And it was always that kind of feeling, like that sense of pressure to live up to something she wanted me to do, even though there was love and there was acceptance.

And I was wondering for you, like you said it yourself, she was such a powerhouse.

She had such high expectations.

When did you feel that you've reached that?

Or do you feel you've reached that?

Well, unfortunately, my mom passed away in her early 60s she got breast cancer and so I had gotten married six months before she passes away so she never got to see that I tried to follow her example as a parent she never got to see the foundation get going my dad actually ran the foundation and got

it off to a fantastic start So he was involved, but her sort of dictate about, okay, if you are successful, you have to give back.

It's a shame that she didn't get to kind of participate and see that I'm following what she said, despite all the times I pushed back on her.

Yeah. Do you still feel that today that it's almost like her voice is in your head and she's present in that way?

Oh, absolutely. The sense I have of, okay, I've got to do this and do that well, that really came from her.

My dad more set the example of being calm and thoughtful, also great, great values, but it wasn't through the interaction.

He would, you know, leave pretty early.

And if my mom had to escalate to call him in, you knew you better give in because that was kind of the ultimate thing.

But yeah, so each in their own way, he, through example, her through high expectations deserve a lot of credit.

And, you know, part of this book is to really honor them and two of the young friends I had who set me on a great path.

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I was wondering, what was your biggest realization about your father from writing this book?

It's weird. I've always underestimated how incredible my father was.

His values, even the exchange with my mom before they get married, one of his dreams was to be a federal judge and he eventually, that was offered to him.

And because his law firm would have had great difficulties, he said, no, that would hurt my colleagues, so I'm not going to do that.

And I had written him a note saying, gosh, I hope it's not because you had to pay all that tuition that you're not getting to do this.

And I'd forgotten he'd written me back such a nice note.

So, you know, in digging through, I'm amazed we ended up keeping those things.

It was so touching to me.

Now, I, you know, I'll spend my whole life trying to live up to the example he set.

What was it like finding that reply, forgetting that he had replied?

Well, certainly it brings tears to my eyes.

because, you know, he was incredible.

And towards the end of his life, we did get a little more direct, you know, where he would say, hey, I'm sorry I worked so hard.

And I'd say, no, no, that was fine to be doing that, you know.

And so instead of things being sort of through my mom, when she was gone, he had to build up that communication.

In a way, it was far more intimate.

You know, I feel lucky that he lived as long as he did.

how did, how does that, as that relationship evolves, like it felt like when I was reading Source Code, I felt like your father was there to always save you in these moments.

Like he'd pick up the phone, he'd be involved in, you know, talking to you and your friends.

Like he was there in these very pivotal moments that felt like almost professional support from him, of course, based on his intelligence and background as well.

But it sounds like that evolved to a much more emotive, intimate space.

Like what does that, what does that look like for a father and a son across all those years.

You know, and when I was going off to college, you know, I'd call my parents every couple of weeks, but, you know, you couldn't, like, text and send photos.

And so, but I always knew, you know, that they were supportive.

And so I actually got into a little bit of trouble where I'd taken my colleagues into the computer center and done some of the early Microsoft basic work.

and the college, as they filled position to supervise that computer center, we're like, wow, did you break the rules?

And, you know, my dad was always so kind of wise, you know, when I ever was like, oh, my God, I may have screwed up here.

I better get on top of this.

You know, that's a time where I call him in and his advice is very helpful.

You know, then later we have a customer who's not paying us and our very first customer, another case where my dad encouraged me to stay the course.

So it wasn't in those days that I talked to him a lot, but that when I was in trouble, he was the one person, you know, who was so sophisticated and, you know, on my side that his advice really did help me at a lot of key turning points and you know then later when we have a relationship where we actually

talk intimately I was able to thank him for that.

Do you remember one of the final conversations you had with him?

Well he got Alzheimer's and he because he was such a nice person he was still like super nice, you know, always worried, did his caregivers get enough meals or, you know, eventually the fact he grew up in the depression showed because he'd be worried about, you know, are we buying too expensive a meal,

you know, even though he had as much money as he could ever need, you know.

So, you know, we got back to his basic character, which was just very friendly and and thoughtful uh so yes i i feel like in his case we did have those conversations that that i i never got to have with my mom there's the one phone call you described the three words he used of i hear you when he was talking uh

to the school and that left such a strong imprint could you tell us why that was such a big moment for you at that time well i was in this uh contract discussion with this group, I thought, you know, owed me some computer time.

So that's the first time that my dad is pitching in to help.

And, you know, I thought, what's he going to do?

Is he going to, you know, threaten them or be tough on them?

And no, not at all.

The fact that they sort of gave their side of the argument.

And then, you know, he just simply said, I hear you, which was this way of saying, you know, I don't agree with that.

You know, let's try and reach a compromise here.

You have your point of view.

So, just the way he said, I hear you, you know, kept things really calm, didn't acknowledge or attack their position so we could get on to the, hey, you know, know if you meet these guys halfway isn't that okay for both of you here which is is what uh eventually came out of it and so the idea of being

subtle and helping to find that common ground i was young enough to that was kind of blew my mind yeah wow you can kind of uh hold your ground but without being provocative what would you say is the one way your mother influenced your parenting style and then your father influenced your parenting style?

Well, this idea that is actually kind of school called love and logic, where you make expectations to the child very, very clear and you make consequences very, very clear.

And in an unemotional way, you say, no, you're going to have to go to your room because we agreed if you did this, that's what happens.

My dad practiced that approach.

My mom probably wanted to, but then if she was frustrated, you know, she'd be, oh, I'm so disappointed and kind of bring emotion into it.

So the intensity of how much my mom cared, I, you know, I think that was great.

And I think kind of that calm, predictable, hey, the world works in a clear way and, you know, I'm on top of the world and here's what I need from you?

You know, that very much came from my dad.

So I tried to be a little more around, you know, my, my wife, Melinda did, deserves all the credit, you know, that our kids have come out so well, cause she really was around.

But I, I tried to be, that's the one thing I did a bit differently than my dad was, was, uh, more, more intense vacation time, a little bit more of a direct communication, not through their mother.

How did you reconcile that towards the end about your father's style?

And how did you make space for that and accept that?

In that generation, you know, my dad's career was a very big thing.

In fact, having all sorts of adults around for events, you know, was connected to his career.

And, you know, he did very well.

He was a a top lawyer in Seattle.

So I never resented the idea that, that my, my dad was very busy.

You know, you had kids early, you know, the man's career is important.

Later, my mom also not only is doing volunteer activities, but as people wanted women on boards, because she had the right background, she got a huge number of those opportunities and she, uh, got a little busy yourself um you know i don't think the amount of time is is the only the only key factor there

yeah i'd have to agree i was i when i was reading it too i was thinking that and and this was what i found so interesting bill when i was reading source code that even though you have lived such a otherworldly life in so many ways there were so many relatable moments from a parenting standpoint and when i

was reading it i was thinking about my father too who wasn't around a lot when I was younger, he was working both my parents had to work and to the point you just made right now like my father wasn't there when I was playing rugby or he wasn't there when I was swimming for my you know local club or he

wasn't there on the sidelines cheering and for me that really allowed me to become the man I wanted to be and it allowed me to have more freedom almost to not feel like there was this heavy expectation and And I've always seen that as a positive thing because it allowed me to have a broader definition of what it

meant to be a man, what it meant to be a son, what it meant to go off and discover something that I was passionate about.

And so even seeing you kind of having your mother be the one who was almost, you know, pushing the expectation and what the family should be, but then having a bit of freedom, it was interesting to see how that impacted you to be able to push back, to be able to, you know, even at one point, like you

said, in that letter, like parent him almost in his decision, uh, and, and, and play that role.

So it was, it was refreshing for me to read a book about you where I was, where I was actually seeing parts of myself, uh, in certain relationships in a very relatable way.

Did you, did you ever anticipate that when you were writing it?

I was surprised, you know, so when I'm describing going on those hikes, I was thinking, boy, would I have let my son go off?

And we really are holding back children a bit more, you know, out of a sense of, okay, ultimate safety, I guess.

But, you know, in that generation, I was allowed to take trips and hikes and I think it benefited me.

And so writing the book, I was like, wow.

And you've talked to people like Jonathan Haidt about this.

Are we a bit overprotecting kids so that they don't get to make mistakes or try themselves out or mature the way that is best for them?

Do you think school's failing children?

If you have 30 people in a class, it's pretty tough.

You're going to have some kids who are behind and some are ahead.

Even the best teacher has got a big challenge with that.

Education, I wouldn't say is much better or worse today than a few decades ago.

We've always thought, okay, when we bring the computer in, you know, will that helpful?

And certainly if you want to find information, it's been great.

We're still working on that now with the AI, maybe a personal tutor will be encouraging and work on your level.

It's early days, but I've been out seeing some of that in classrooms, people like Saul Khan with Khan Amigo that our foundation is helping to support.

But education, the computer has not made it so, oh, wow, kids learn a lot more today than they did a long time ago.

And I still believe we can change that.

But it means if you're in one of those large classes, you can feel lost.

And we're missing great human potential.

What are we getting wrong?

Because it sounds like you felt maybe the computer would give people that impetus and the ability to download more and learn more?

Where have we gone wrong?

Well, the key is motivation.

If you have a kid who's super motivated, then yes, going to the Khan website and doing hours of math problems, that's great.

But in a way that takes the kid who's in that top 20 % and makes him even more intimidating to the other ones and you know people can come in and if a kid in eighth grade says is math a subject you have any confidence in if they answer no to that they're five times more likely to drop out and so we do

lose kids and it's more out of motivation and so most of the stuff we've done on the computer is about okay if you are motivated we'll help you out and not so much about how you make it feel relevant to them and give them a sense of success.

And maybe this time around with these AI personal tutors, we'll get that right.

But kids check out.

No, I'm not one of those kids who's good at math, even though for a lot of professions and, you know, for college courses, we require algebra two tests to be passed in order to go on and, you know, even be a nurse or a policeman so we have we have work to do yeah uh but more on on the motivational side

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Yeah, I really appreciate you saying that actually because I do think that we think about changing education is so theoretical and functional, but it is the drive, it is the motivation.

And I was thinking about how we put limits on ourselves.

When I finished sixth grade, I remember before I went to high school, my favorite subject was math in sixth grade and my least favorite subject was art.

And then when I finished high school, my most favorite subject was art and my least favorite subject was math.

And it was just fascinating to me how that completely flipped over a seven -year period.

And as I've grown up in my own life, I found that art and design, philosophy, economics are far more where I naturally gravitate toward.

But so much of that up until sixth grade was the limits or the things that were expected of me as opposed to what I was motivated and driven towards.

And I was thinking about something you said in the book.

You said that if you were growing up today, you would have been diagnosed with being on the autism spectrum.

And I was wondering, how would that have affected you?

How do you think that would have affected you?

Yeah, I'm fascinated by that, because for some people, being given a label is a pejorative to them and, you know, almost feels shameful.

Although we know, you know, being on the spectrum gives you, you know, almost some superpowers and concentration that if you find the right place, it can be helpful.

Other people, they're glad when they get that because then they say, oh, that's why, you know, my social skills were slowed to develop.

And, you know, here's some strategies that people like me have used.

I'm not alone in this, you know, I fit in into this and it's actually a reasonably common thing.

There isn't like some medicine, ADHD, you know, which I probably also would have been diagnosed with.

They do have the focal and adderall, a variety of things.

They give kids for that.

And I still wonder about that.

I haven't chosen as an adult to get a diagnosis or use those medicines.

I think eventually you learn to adapt.

I still kind of rock a little bit when I'm thinking hard and without even knowing it, and it does bother people sometimes, and that's definitely kind of what they call self -stimulation behavior that makes it pretty likely I fit into that diagnosis.

Do you think it would have changed your trajectory or success?

Have you thought about that?

I worry that I might have thought of it as pejorative.

It's really how you communicate it.

I mean, if you say, hey, here's a kid who doesn't socialize at all and you're, you know, sort of destined to, you know, never be good at those things.

You know, obviously, to create a company, hire people, motivate people, go out and, you know, sell the dream of computing.

I've had to, even though I'm not a natural, you know, develop a lot of social behaviors.

And it might have discouraged me unless it was done in a very tasteful way.

You know, I think of that Dr.

Cressy experience where he didn't make me feel terrible while enlightening me that I was wasting my time as well as my parents' time.

Yeah. Did you continue therapy after that or ever go to therapy again?

Most periods of my life, I found it useful to have a therapist where I'm talking to about, you know, what's confusing or what's troubling.

I think, you know, I'm very lucky to have that.

I think particularly if you have a life where some extreme things happen that, you know, luck is a huge part of that to, you know, keep your, you know, keep you on the ground.

A good therapist can play an invaluable role there.

So, yeah, I've benefited to this day from those kind of conversations.

Yeah. Well, I was thinking about in the book, obviously, you beautifully introduced us to Kent.

And obviously, the loss of Kent seems to be a place in your memory that's naturally so difficult and fuzzy.

And you talk about in the book how you're not quite sure what your parents would have said and how it all felt.

And I was just wondering if there were any, did you have support at that time through therapy and other ways to deal with that grief?

No. And I've been looking recently at people like Anderson Cooper talking about, OK, how do you deal with grief?

And, you know, a lot of what they come up with is that if you can keep talking about the person and, you know, what you got from them, you're kind of honoring them.

You know, Kent's parents obviously were the most affected by this because, you know, they would never have this incredible son and, you know, who would have no doubt gone off and done incredible things.

And I remember spending time with them for like a year afterwards and then feeling a bit guilty that as I got busy, I didn't do that as much.

You know, in the book, I actually start out where I've seen Kent's father.

I run into him right as I'm starting work on the book.

And, you know, we can talk about what a great influence he had on me.

And, you know, so I did think that was helpful.

But, boy, it took me a long time because death, it was just such a shocking thing.

I have this idyllic childhood other than Kent's death.

Nothing at all traumatic.

and we're talking all the time, you know, a little bit, I reached out to Paul to kind of feel Paul Allen, who goes on to found Microsoft with me to step in and, you know, be that super close friend.

But back then, the idea of how you dealt with trauma was mostly, hey, buck up, you know, get on with things, which after a few months I did.

Yeah, and also at that time, you're talking about how he actually invited you on the trip he went to and like you're talking just before he goes off and then all of a sudden you're like wait a minute we used to talk every day or you know and and that it can feel so disassociated from yourself in that moment

it feels like how did you revisit that when did you kind of turn towards working through the grief as you wrote the book did it feel like you were revisiting it definitely you know at the that high school when I built a hall in his name and, you know, gone out there and talked a little bit about the role

that Kent played in my evolution, you know, so some efforts to honor him.

You know, sadly, you know, Paul Allen also, the other key friend in this book, died, I think, about six years ago from cancer and you know he he also was very key at getting me on the right path and there wouldn't be you know without those those two friends you know there really wouldn't probably wouldn't

be anything like microsoft yeah you talk about how paul was setting you little challenges and would ask you to you know try this or do that and then you'd go ahead and i was thinking how amazing to have a friend that can motivate and inspire you in that way and then i was thinking about what you just

said when I was reading the book that it felt like you told so many stories of so many people in your life that are no longer here now.

And so grief wasn't just about Kent or Paul.

There's just so many individuals that you've had life with that you're having to process that with.

What has been helpful for you genuinely deeply inside that has led to some sort of helpful direction with that grief of writing a book about all these wonderful people that you've lost?

Well, most of my life has been about looking forward.

And okay, let's get this innovation, let's do it first.

And whether it's software, saving children's lives, which is the big foundation thing.

And it is a little bit unnatural for me to look back because you have to say, Okay, how do I describe my relationship with my mom in an open, honest way and yet honor her?

You know, how do I talk about Kent?

I don't know if he'd lived, what would have happened, but, you know, probably, you know, something that he would have very much been a part of it.

And so it's awkward to look back because you have to deal with these things and talk about, you know, should I have spent more time with his parents afterwards?

words, you know, because eventually I stopped doing that.

But, you know, this year I turned 70.

I mentally don't feel like I think of a 70 -year -old, but, you know, it means, you know, I'm in the final third, no doubt, of, you know, what I've been very lucky to live.

And so, you know, I really did force myself saying, no, there's some lessons out of this, you know, telling people how lucky I was and maybe a few lessons for them as parents or how they navigate success.

And so once we got going on it, I've enjoyed it quite a bit.

I have to say, when I'm reviewing it and editing it, I'm very slow because I'm, you know, reliving these things.

So it always takes me about three times longer to take some pages and edit than I predict.

or if it was something like about climate or pandemics, I'm pretty fast.

There's no deep emotion that I have to relive as I'm editing something scientific.

What was your favorite part to relive and what was the hardest part to relive?

Well, everything about the fascination we had and you're like, wow, we see this thing.

These computers are going to be amazing.

And but no one else is saying that.

So we must be wrong.

That's crazy. And, you know, that contradiction.

So, you know, Paul actually, I helped him get a job out in Boston so he could be out there and bugging me that, OK, should we go build a company?

And then finally, when this kit computer, which is so limited, but it's the beginning of the revolution, when that comes out, then, you know, Paul's argument, we should go and do something, he wins because we don't want to be left behind.

we want to want to be there from the very beginning and then we meet a few people although it was still a very small movement we meet other people like Steve Wozniak Steve Jobs who also you know have been infected with this idea of okay we're on to something that is going to be huge that part I mean the research

that you did to find in this book I was every time I was reading I was just like how do you have so much detail I was really blown away by the level of detail both in the storytelling every moment but then even there's that note that you have that says steve jobs called was rude and i was just like

you know even just having that back then i was i was laughing as i read it and i was wondering like i feel like as from the outside and naturally and you talk about this later on in the book how we see people as this like slither of who they are and people have a public profile and that becomes their

brand and if you look at it from the outside you see Steve Jobs and yourself having this competition, envy, jealousy, kind of like arch rival nemesis kind of portrayal.

What was it actually like?

Because in the book, it comes across much more inviting than that, as opposed to this kind of harsh rivalry.

Well, I had a fantastic relationship with Steve.

You know, early on, I got to do the basic, which they called Applesoft, that went with every Apple II computer.

So I worked with both jobs at Mosniak to get that done.

Then later, as Steve has a kind of small group inside Apple doing the Macintosh, he invited Microsoft to write application software, a spreadsheet word processor for it.

And so we actually had as many people as they did.

And we worked very closely on that project.

And he and I loved the fact that, you know, that ended up being a key Apple product.

Um, then he leaves Apple.

I talked to him about next, but I never thought that computer would do that well.

So he was disappointed.

But then when he goes back and he's unbelievable, it's unbelievable what a great job he did because Apple went from being on the way to dine to being the world's most valuable company.

And Steve had really matured and it's, was something.

And I, you know, we helped write software for that.

Then later, when Steve is sick, we had about five different conversations where we got to talk about kids and, you know, had computers done well and, you know, where he was pretty thoughtful.

It's amazing to me that Steve, you know, his skill set and mine, other than, okay, you know, madman leader, you know, drawing people in, but he, his taste in design and user interface and even his intuition about people, he was just genius in a way you can't explain.

He didn't look at code and write code, whereas, you know, my thing is, hey, I'm an engineer, you know, here's the code, let's make it faster and smaller.

So actually that allowed us to get along because, you know, what he was super good at, I was not good at.

I envied those just incredible talents that he has.

In some ways, he's more singular.

You know, if you say to me, are there other people like you who are great at writing code and conceptualizing, Yeah, I can name a number of people, including many who worked with me, but I don't know somebody who I say, oh, yeah, he's just like Steve Jobs.

Wow. Well, that's very humble of you as well.

I mean, it's beautiful to hear.

What were some of those final conversations like that you had with him that were potentially, I always felt like he was so philosophical and maybe more so in those moments?

Yeah, we did one public appearance, you know, where we were being thoughtful about the friendship.

Walt Mossberg had us on stage together, which was definitely a fun thing and surprised people because Steve was very harsh.

You know, he was a, you know, he said we were the General Motors and he was like the Mercedes.

But, you know, all in, it was all very fair.

Well, we reflected that computers really hadn't improved education and where both he and I had given speeches saying, of course, this will make education five times better.

And we were like, wow, we got that one wrong.

Maybe next round we'll deliver on that promise.

And, you know, how unusual it was, even a little bit lonely that, you know, when you were so successful and then you're having doubts about, okay, are we making mistakes here?

You know, both of us had had kids by then.

He was actually, you know, of course, he not only did Apple, he did the Pixar stuff.

And because that was a realm I'm not in, I, you know, could sincerely tell him what a brilliant job he did.

Now partly picking people, but that's, you know, kind of amazing.

You know, now part of Disney.

And both a sense of thankfulness, although, you know, he was very sick and just hoping some new drug would come along.

And tragically, it didn't.

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Yeah, was there a memorable piece of advice or conversation where you said something to him or he said something to you that has stayed with you?

Well, the fact that, you know, why were we both so competitive and pushing ahead?

I think both of us, you know, in his case, he's an orphan, so he has a more complicated childhood that maybe can explain his zeal.

I don't have anything like that, you know, even though Kent died, that's not why, you know, well before that I was somehow always, you know, pushing as hard as I could be.

and, you know, I think both of us, you know, being thankful for what we'd been able to work on.

I mean, you know, we got more of a front row seat and help build this thing.

Steve never got around to doing philanthropy.

Now his widow, Lorene, is doing great philanthropy.

So, you know, that's, I'm sure he'd be proud of that, but he didn't get to that stage and I was just getting into that stage so I shared with him a little bit about wow a lot of children die and we don't do much to stop that and that kind of intrigued him but then he never got to pursue it yeah you're

you're reminding me of something I read in Bob Iger's book where he was talking about how there was a time when Spielberg George Lucas they'd all sit together and then they'd watch each other's movies and give them feedback and they all felt very confident doing that because they knew their strengths

and their uniqueness were so diverse and so they didn't feel threatened that oh well Stephen's going to steal my idea or you know George Lucas is going to steal my idea because they felt so confident and it sounds like even for yourself as competitors to talk to have a relationship does that still happen

today do do competitors talk do they pick up the phone to each other was that very rare because it feels like if it feels definitely now so less I have a good friendship both with Jeff Bezos and Mark Zuckerberg.

Elon stands by himself.

Maybe that drives everybody else together.

I don't know. And, you know, over time, I think Elon, as he gets older, maybe he'll mellow out a little bit and, you know, probably be an incredible philanthropist based on everything else that he's done.

But yes, there is some good conversation.

You know, Larry Ellison is now in a phase where he's doing some excellent philanthropy, and we're all a bit more reflectful.

I mean, hopefully by the time you get to 70, you've been hyper -successful.

You can, you know, relax and let your guard down a little bit and, you know, laugh about the things you got wrong.

Yeah. What was some of the advice that you've given to Mark especially earlier on his journey or even more recently?

Yeah, well, you know, Microsoft, the one big challenge we had is we were so successful by the late 90s that we got into anti -trust difficulties.

And in retrospect, we could have handled that better.

And so I've been very open with Mark.

You know, I used to brag that I didn't have an office in D .C.

and I didn't, you know, what a great country that I didn't have to talk to politicians.

Well, that was a mistake.

You know, now, you know, you've got all of them going to the inauguration.

And, you know, so they're not making that mistake.

Maybe they, have they corrected too much in the other direction?

Well, you know, history will judge.

So, yeah, I'm, you know, it's weird to be kind of an elder statesman.

You know, Satya, who runs Microsoft, has done such a brilliant job.

And, you know, one of my great fears when I left Microsoft to go do philanthropy be was how bad I would feel if it wasn't doing well.

And so Steve Ballmer did a great job, and now Satya's with this AI generation.

So that's another great blessing is that not only the value of the stock, but also the fact I can just focus on, okay, what about polio and malaria, you know, knowing that they're taking the company to new heights.

You know, And what a great blessing that's been for me.

Yeah, it seems like, I love what you were just saying now that maybe there'll be a time when Elon turns to philanthropy and you talked about others and it seems that that turning point for you is so key.

And I feel like you were one of the first, not that it wasn't done before, but one of the first to do it in a really big way to be able to move away from this big company that you founded, world -changing, generation -changing, and then turning to that and that service element to me, I was intrigued as

to what, why do you believe that that's almost where every one of these people need to go?

Like, why is it that you believe that turning to a life of service and giving back is core for Elon or whoever else it may be?

Well, it's pretty insane.

This is a world where somebody can have over a hundred billion dollars.

I mean, that, you know, what is that?

And it's not You know, you don't want to just give that to children and create some dynasty.

That's not even a favorite to them.

You want to give that back.

So these are unprecedented fortunes.

And if you're a great innovator and you know how to gather scientists together and think about problems, then there are some government is risk averse.

and particularly poor countries don't have that capacity to think about eradicating malaria or solving malnutrition, there is something that philanthropy can have these outsized results in terms of lives saved, almost like a great startup does on the side of innovation.

So getting those minds to turn those capacities to equity, to the poorest, both inside the U .S.

and outside the U .S., I feel that we've got the golden rule.

We're supposed to care about people.

There are times when it feels like sympathy for poor people outside the country is lower today than it's been, but I know that'll come back around because of the moral logic there, I think.

I believe is very, very strong, and I found it so fulfilling, and I created a group called Giving Pledge of people who've committed to give the majority of their wealth away.

And we learn from each other.

Hopefully we inspire each other and hopefully we change the societal expectations that if you have even a modest fortune, most of it should combine with your talents and make the world a bit more of a fair place.

Yeah, I think it's absolutely brilliant because I was really fortunate when I went out and lived as part of my time as a monk in India.

We helped put together a, well, the monks were doing it already, but I got to be a part of it.

I helped build a daily food distribution service in India that feeds a million kids a day.

And it was all in exactly what you're saying, like to help them malnutrition children.

And now they're even trying to figure out how much protein to have in it.

like trying to figure out the actual composition as well and i remember seeing that so early in my life like i would have gone out there first time in my teens and then later on when i became a monk in my early 20s but the reason i raise it is because i think it goes back to what the point you made

earlier about motivation and one thing i've really been trying to figure out with the right partner recently is how when i grew up i remember my dad used to read the rich list and he'd have the rich list like the Sunday Times or whatever it was.

And so as a kid, I would see my dad and on the back of it would be the rich list.

And I was thinking, how incredible would it be if kids grew up with a service list and how would that change motivation because I feel we repeat what we reward.

And I feel like we've never really seen that case study yet up until maybe your case study and the people that are following with the giving pledge, that service becomes a natural part of life at that scale.

I think we see it in smaller communities.

You see people with very little actually doing so much, but you don't necessarily see it at that level.

And so I find that changing that drive and motivation early on, which it seems like your mother had for you, your impact of faith had in you, I think that could be huge.

I don't know what you think about people seeing a service list instead of a rich list or whatever the right word is.

Sadly, the wealth metric is an easier one to compute than, you know, the impact you've had philanthropically.

And part of the beauty of philanthropy is there's many causes out there.

You know, I've tried to think through, okay, you know, since we know how to save lives for $1 ,000 per life saved, wow, we better use this money as absolutely best we can.

And I do think we're going to see a rise in philanthropy.

I mean, you know, these fortunes are almost illegitimate unless they are in a very smart way given back.

If it's consumption, if it's dynasty, I don't think society should feel that good about it.

And, you know, I sat down with Bernie Saunders and he said, no, he would outlaw billionaires.

I think that's a mistake.

I think allowing in America, in particular, wild innovation, wild risk taking is good.

But then on the backside of that, there should be a strong expectation.

And I think role models help a lot.

You know, Warren Buffett in very different industry, very different skill set.

You know, he's always been a role model and was the one who even when I was still building the fortune said, okay, your mom is right.

You know, and here's some books you should read, you know, Carnegie Gospel of Wealth, the history of what Rockefeller did, you know, because this will be an important – as important a measure of your impact as making the money.

Yeah, I think that's such a brilliant lesson and wonderful one to pass on.

I think it was Trump who mentioned recently that you'd asked to see him to have a discussion.

Did that meeting ever happen?

Yeah, I had a very long and actually very impressive dinner in terms of he asked good questions.

You know, I talked about over 10 million people are alive because of U .S.

generosity with HIV medicines going back to President Bush in 2003.

And, you know, I encourage him to keep that as a priority and to accelerate innovation.

You know, there's an idea that you might be able to cure AIDS that we're working on and he could help accelerate that.

I talked about polio eradication and how his leadership and the U .S.

government resources are very important there.

And, you know, I'm sure everybody's trying to meet with him.

The fact he gave me that long period of time was actually pretty thoughtful in his questions.

You know, somebody may come along later and tell him to cut that money, but I make the argument as best I can that, you know, the moral purpose of the U .S.

and how we're thought of and, you know, the fact that a cure is on its way, that's worthwhile.

uh you know so this administration is in charge and you know trying to help them you know they're willing to cancel old things some of which should maybe be canceled some of which shouldn't you know so they're you know helping direct them so they'll use their open -mindedness to do different things and try

and make that come out well i you know i think that's that's worth trying yeah what do you see as the moral purpose of the united states and the way you mentioned it just now well we've been the shining light of not only being a democracy ourselves and, you know, having political opponents respect each

other and work well together, but also, you know, saying that even though we're in this very powerful position, we won't abuse that position.

And, okay, if we allowed ourselves, you know, to let other people spend too little on some things, you know, there's a balance there.

But if you become too much of a bully and you're not keeping democracy, which requires reducing the polarization and bridging some of these divides, that's a little bit scary.

You know, democracy is a fragile concept and particularly at a time when AI is coming along and the government will have to play a strong role in saying, OK, these jobs have been lost, but we're more productive overall and therefore here's how we help those people.

you know, how do we keep AI as a primarily beneficial thing versus a thing that bad people use and it messes up these job markets?

That, I expect the 2020 presidential debate AI policies will be the most important thing.

And I was a little bit surprised in this election that wasn't discussed hardly at all.

Yeah, that's such a good point.

I didn't actually think of that, But you're right, it didn't come up at all.

Yeah, that's fascinating.

I mean, how do you prepare for something like that?

It would need to be surrounded by the right people and having the parties.

Well, you've got to educate everyone.

You know, you can't count on the technologists to shape these things.

You know, social networking, we're still arguing about what the policies should be and, you know, the fact that algorithms reward outrageous things that even if they're not at all factual, and AI heightens all of that.

And, you know, there's an era where getting the politicians to see the technology, including all this good stuff, personal tutors, better medical care, even making the government more efficient.

You know, this is the most promising set of tools because bureaucratic paperwork, you know, AIs actually are pretty darn good at reading and processing, those kinds of things.

So, you know, we're on the precipice of these AI breakthroughs, the reliability and capabilities.

You know, it's kind of an extension of what I worked on as a child, you know, personal computers, then internet, then cell phones, and now AI.

but it's because it's superintelligence, it's of a different character.

And it'll put us to the test on how we work together within the US and how countries work together.

Yeah, it's interesting because as you talk about social media there, I think Mark Zuckerberg on Joe Rogan was saying that they are taking away their fact checkers and I believe X is doing something similar.

What was your take on that?

You know, this whole thing of how you balance free speech versus not, you know, discouraging people from using vaccines when that would be beneficial for them or even extreme stuff like Holocaust denial or some bad things there.

I'm a little bit disappointed that my generation hasn't got a clear prescription to how we achieve both the goals, free speech and yet reasonable discourse that's not misleading people.

I mean, during the pandemic, the negativity about vaccines, some of which had me being some weird misbehaving actor, which was a lot of craziness, clearly over a million people died who should have benefited from the vaccine.

And next time, you know, whether it's an out -of -control AI or the next pandemic, the impact of not getting facts out could be much more dramatic.

I mean, you could have a pathogen that was 10 times or 20 times as fatal as COVID was, particularly once Omicron comes along.

The fatality rate is actually reasonably modest and mostly elder people.

So politics meets AI is where a lot of our fates will be determined even in the next 10 years.

And how do you see your role in that?

Well, hopefully, there's some things I really do understand about that.

And whether it's giving advice to Microsoft or in my foundation work on education and health, using it, the place where you have the greatest shortage of teachers and doctors, is in poor countries in Africa.

So the fact that these things can give farmers advice and give pregnant women advice and look at what your kid is eating and say, no, you need more protein in this diet, and it's essentially free.

The way that computing was free that I saw when I was young, now we're getting into this even more radical thing of intelligence will basically be free.

You know, that's kind of wild stuff.

So I hope both with some specific ideas, but then with the lessons of a past and where we've been able to shape things so far, you know, so that I think personal computing has largely been an empowering thing.

You know, I was reading this book, Nexus, where Harari says that when the printing press comes along, it actually is books about witches and how you find witches that are the best selling.

So just thinking because we have new capabilities that will necessarily use them at first in a net beneficial way, that's sadly a naive concept.

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Terms apply. Yeah, I mean, you've raised such a good point there.

Even this idea, I loved what you said that you said you wish your generation could have figured out how to not have these extreme polarizing conversations, but actually find this healthy middle ground, whether that be through algorithms, whether that be through how we use technology.

What is it that, why do we keep doing that?

It almost feels like that's a repeated mistake where we come across this horizon of this new world, new technology, new ideas, but then we always use it for almost the same thing or something that feels, you know, insignificant compared to what it could do.

Where are we going wrong?

Why can't we get that right?

Well, it's kind of amazing how well humanity has done.

You know, the violent death rate over hundreds of years have gone down a lot.

You know, more recently, we've gotten vaccines out to children and gotten the annual death rate from 10 million a year at the turn of the century down to about 5 million.

Vaccines being the biggest part of that because we got them out to most of the world's children.

So humanity for a being that grew up in these small hunter -gatherer groups, now, you know, we have big cities, complex technology.

Our ability to get along, you know, in some ways has been good.

You know, nuclear weapons that when I was young, you know, my greatest fear was, okay, there was going to be a nuclear war.

And I do worry the current generation doesn't have that exposure to its heart.

You know, the arms treaties and, you know, spending too much money on building those weapons.

I do worry that we've lost track on that one, but at least, you know, we haven't used those.

And, you know, we've done pretty well so far.

And, you know, will we this time?

I think this is probably the hardest innovation because, you know, we do have human limitations.

They, even I, when I see an outrageous article against somebody I don't like politically, I'm very tempted to click on it and have it tell me, yeah, he's even stupider than you thought.

You know, this is a mistake.

You know, we're all subject to that.

And we do like to form into groups.

But, you know, all of humanity ideally is a group where philanthropically and, you know, government generosity, we can think of ourselves as being part of that as opposed to a much, you know, our clan or race or nation.

Yeah, I think on a global level, it requires what you were saying.

And on a personal level, it requires us to almost be able to evaluate, assimilate, assess, you know, have self -awareness, allow for self -reflection, space for, you know, the things we don't have time for anymore.

I was looking into something called the third space theory and how in the past you had your home, you had work, and then you had church or temple or community center.

And how those three spaces, that third space was a place you could look back on home and work and say, I could treat my wife a little bit better or I could have spoken to my colleague a bit better.

And that third space allowed that time and energy where it was all about reflecting on how you could improve.

but today we've lost three spaces into two into one where we work from home live at home and the screen is our third space and so that lack of having a physical body or building that gives you permission to step back from your whole life not play a role there and and actually purvey what's going on in your

life we've lost that yeah that's a shame yeah you know the decline of religion is a very strong trend, you'd hope there'd be a modern religion that takes whatever has put people off and yet preserves kind of this golden rule and this, okay, at a local community level, we're supposed to help each other.

If you expect government to figure out how to solve things, you know, it's too bureaucratic.

The local church -based groups, oh, this person needs help.

I have extra time, you know, is way more effective.

And so we expect too much from government in a way.

So I hope we can re -energize, you know, perhaps through a type of religious modernization or maybe just a community thing that is maybe spiritual but not labeled as religion.

that local engagement where you see other people, that I think we need more of it.

Absolutely. Absolutely.

Bill, I've got you for a couple more moments.

And there's a few things I wanted to ask you.

One was, you talked about how in the book, how being the smartest person in the room and that status was something that you maybe hid behind and your insecurities were hidden behind.

And I was wondering, Is that something that you've been able to put down that guard and take that away as time has moved on?

How were you able to do that?

Yeah, I've mellowed a little bit, you know, to learn how to work with people who are intelligent in different ways.

You know, at Microsoft, I had to get marketing salespeople at the foundation, you know, people who go out in the field and do heroic work.

And so my, you know, sort of single view of, okay, math capacity is, you know, this great thing, I've mellowed and, you know, been able to bring in different skill sets.

But no, I started off being pretty bad at that.

What were those insecurities that you were hiding?

Well, you tend to manage other people the way you manage yourself.

And so when I make a mistake in programming or math, I'm very tough on myself.

And, you know, I'm like, you need to spend more time, you need to work harder.

And it's kind of a tough love, don't fool yourself thing.

And so, my early management style worked for people like me, but not as well for other people.

And so, year by year, you know, I did grow with Microsoft.

A lot of entrepreneurs, you know, don't stay as CEO and you have to bring in someone else.

I wanted to do that and so by bringing in some other people I got better at that I would say moving over to the foundation was another level of how you bring in a different mix of talent and so yeah I'm trying I'm still trying and I'll be better a year from now Well I was most excited that you said

there's still two more books coming after this one to talk about the different areas of your life and I really enjoyed this one so much.

I'm so excited for people to read it, to get to know you better, to get to know the people that have changed your life for the better and allow you to do all the incredible, phenomenal work you do today.

And I honestly am so inspired by the work you do today and I really hope that I can be involved in some small way.

So I thank you deeply.

Well, thank you. It's been fantastic.

It means the world.

Bill, we end every episode with a final five.

These questions have to be answered it in one word to one sentence maximum.

Uh, so Bill Gates, these are your final five.

The first question is, what is the best advice you've ever heard or received?

You know, finding what you really enjoy doing, uh, and hopefully there's some job that, that has that, uh, as opposed to, you know, what jobs pay well or other people push you to.

If you're doing something you really enjoy, that's hard to beat.

And you found that early.

I was super lucky on that, you know, computers were there right when I needed them.

Second question, what is the worst advice you've ever heard or received?

People will tell you not to take risks.

And it's very well intentioned.

But there are contexts, you know, when you're young, you know, like people say, okay, it must have been scary to drop out?

Not really. I mean, I could have gone back, you know, there's no flesh wounds involved in failure.

You know, so failure's, you know, probably a better teacher and more of an okay thing.

And I think this whole safety thing, physical safety, you know, emotional safety, in many cases, we've gone too far.

Yeah. But did dropping out at that time feel like a big risk?

No, it didn't. The first time I felt it was when I was hiring people who moved their family and they had kids.

And I was like, if I can't pay this guy his check, this is rude.

You know, he's got a real problem and I'm kind of implicitly promising him, I've got this thing figured out.

So that scared me. Yeah.

Was that, there's a scene in the social network where you're on stage and Mark Zuckerberg's in your, in the auditorium, and then they leave and they say, The speaker just said, the next Bill Gates could be sitting in this room.

And then Mark goes, that is Bill Gates.

Is that true? That is absolutely true.

Mark and I have laughed about that a lot, that our experience at Harvard, dropping out of Harvard, telling people that, hey, we saw something other people didn't see.

Very, very similar.

Question number three, what would you say is the most important problem the smartest people on the planet should be solving right now?

There's many candidates.

It's making sure we don't use nuclear weapons, avoid bioterrorism, climate change, caring for the poorest, which we're kind of losing that.

But I would say shaping AI has, for me, risen to the top of that list.

We need to do all those.

We can't just skip any of those.

But this one is going to be a very big deal in the next decade.

And what would be your advice to the biggest business leaders in the world in regard to that?

Well, I don't think you can count on them.

Their competitive framework is to go full speed.

And so only governments in a position to say, wait a minute, slow down.

You know, for the good stuff, you want them to lower the price and get it done sooner.

And so we can't, although, yes, they should be part of the dialogue and they're humans and citizens too.

But you can't count on them because the metric for them is to go full speed.

Question number four, what is your favorite mental health habit?

You know, it's a very big deal for me to get time reading and thinking by myself, whether it's on a walk or going driving.

When I was CEO of Microsoft, I took two full weeks, think weeks, one every six months, where I would just go off by myself and think, okay, is Microsoft on track?

What are the trends?

Towards the end, I'd write a memo, which actually was kind of valuable as we navigated the twists and turns, like when the internet comes along or software is not reliable enough.

I need that time to think, even though I love quick thinking, being in a meeting and spotting a mistake.

take, most of my good work has come from the kind of slow thinking where I'm off being reflective and maybe coming up with some non -obvious ideas, you know, maybe is a little bit my, you know, being on the spectrum, I need that refreshment.

You know, when I see my schedule with lots of social interaction for a week, then I'll try and make sure the next week has a little bit less of that.

But to maintain creativity, you have to have some calmness and be not behind.

If you feel like you're behind, like you turn on your email like, ah, oh, I'm late, your creativity gets squeezed out one of the first things.

And does that think week need to be in nature?

Are you away from everything?

Are you simply thinking?

Are you taking books?

Are you journaling?

or is it? I'm taking books to read but I'm also taking very long walks On your own and just thinking about things and I love I take a tablet of paper and write things down quite a bit and you know I'm pretty religious I'm not taking phone calls I'm not browsing the news you know the news can wait you

know I'm off by myself 24 hours that whole time somebody can stick some food in but and you know that's kind of extreme you know there's people like Harari who meditate kind of an unbelievable I almost envy him I don't think I would go that far but we should be more in his direction than we are yeah

absolutely and what's the book you've gifted most actually I'm intrigued because you're such a big reader you recommend so many great books what's the book you've gifted to people close to you the most there's a Steven Pinker book called Better Angels of Our Nature that talks about, even though in the short

run we see how tough things are, if we zoom out a little bit and say, okay, 200 years ago, to be a woman, to be gay, 30 % of children die.

Lifespan is less than 50 years.

That's not saying there's a guarantee that those bad things we talked about won't happen, but people are a little overwrought and saying, okay, you know, this approach to government is failing.

Maybe we should try something radical, like not, you know, being fully democratic.

I'm like, whoa, wait a minute here.

Yes, we need to feel bad about the things we're not doing, but we also need to have a perspective.

The system of scientific inquiry and democracy and widening our circle of care, you know, beyond our family, clan, nation, as we discover new things and we can share more resources, that really is working.

You know, it sounds naive to say that, but, you know the books that really go through that uh i i find you know guide how i think about the world absolutely uh fifth and final question if you could create one law that everyone in the world had to follow what would it be well if you look at all these

religious texts you know i'd say the the thing they all eventually come back to is is the golden rule which is to treat people how you would like to be treated.

I mean, say that you're about to be born and you don't know if you're going to be born a woman or an Africa.

This is a thing that Warren Buffett taught me.

You get to construct the world and how fair it is, and then we will randomly pick and you will be born in some place in some way.

And I think the construct that would guide the world you'd want for that is very much going back to that golden rule, not, okay, let's win wars, let's out -compete or have more money or resources than other people.

And so it's one of the few universal truths that we should have that guide our behavior.

I love that. Bill, thank you so much for your time on On Purpose today and genuinely so grateful for your time and energy.

It was thrilling to talk to you and I loved getting an early copy of the book and being ahead of the world on it.

So thank you so much.

Well, you know, I've loved our conversation.

So look forward to more.

Thank you. If you enjoyed this podcast, you're going to love my conversation with Michelle Obama, where she opens up on how to stay with your partner when they're changing and the four check -ins you should be doing in your relationship.

We also talk about how to deal with relationships when they're under stress.

If you're going through something right now with your partner or someone you're seeing, this is the episode for you.

No wonder our kids are struggling.

We have a new technology and we've just taken it in hook, line and sinker.

And we have to be mindful for our kids.

They'll just be thumbing through this stuff, you know, their minds never sleeping.

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[Bill Gates on Innovation, Philanthropy, and the Power of Reflection]-[Bill Gates: The Untold Story of Who Bill Gates REALLY Is]

📋 Summary

The Evolution of Innovation and Philanthropy

Parenting, Mentorship, and the 'Golden Rule'

Navigating Success and Artificial Intelligence

The Importance of 'Think Weeks'

Final Reflections on Legacy

🎯Key Sentences

📝Key Phrases

📖 Transcript