Posted by jenlocati
After my last post discussing the incredible power and social good that technologies like Facebook and Twitter are generating today, I got to thinking about how interesting it is that Microsoft hasn’t been a participant in this most recent round of platform-level innovation. In fact, in a way that was oddly similar to Microsoft’s reluctance to embrace the power of the internet, until Bill Gate’s watershed memo, when the whole company pivoted to bear-hug the Internet “tidal wave” (should have more accurately said tsunami…), Microsoft was also reluctant to embrace or leverage Twitter or Facebook. Perhaps another instance of “Not Invented Here Syndrome” that the company seems to suffer from? Anyway, then I got to thinking about the previous technology revolution, that Microsoft dominated, desktop computing.
Although my children will never know the world before the age of easy, accessible computers, the Windows operating system was practically a single-product global revolution that changed the world and created vast wealth for Bill and many others, as Twitter, Facebook, and Snapchat (shudder) are doing today for their young (mostly male, *sigh*) leaders.
So that line of thought brought me to another question- Bill is in a unique position, he has been the most prominent and influential figure in a technology revolution that brought amazing change to how our global citizenry communicates and works, and created tremendous wealth in the system and for himself. Then in 2000, rather than continuing to drive the engine of innovation and product development that he created- he boarded a new train: direct community investment.
Let’s unpack why this is such an interesting change. What Microsoft did through the 80’s and 90’s was ground-breaking and transformative and without a doubt, incredibly good from a social welfare perspective. The creation and expansion of affordable computing power leveled the playing field for invention, learning, development, communication, and made it possible for nearly *everyone* to participate and use computers for a myriad of purposes. There would be no Zuckerberg without Gates.
I’ll sidebar on Bill for a minute- I have never had an opportunity to meet him, but feel like
I have a good measure of him based on his actions and writings over the years. (I am a devotee of his reading list!) He is a deeply thoughtful, highly intelligent, driven man who is passionate and committed to doing something meaningful with the power that his wealth has afforded him. I can only imagine the hours of reflection and thought that went into stepping away from Microsoft to lead the Foundation with Melinda.
One question that must have come up constantly as he wrestled with his departure from the company is, “Will I do more good via direct investment through the Foundation than I would do as the leader of Microsoft?”
It’s not an easy question to answer, though history tells us that he decided in favor of the Foundation, for which I applaud him and hope that he will serve as a model to other young leaders who also amass great fortunes.
I am a huge fan of the Bill & Melinda Gates Foundation and one of the things that stands out to me is the recognition that even with the incredible financial resources at its disposal, the organization doesn’t try to directly assault any of the problems that fall within its charter (perhaps with the exception of eradicating Polio)- and indeed alleviating global poverty, improving global health and education are too vast to be simply solved through the liberal application of money. The underlying conditions and systems that cause and perpetuate these realities are too complex to be solved through money alone.
Rather, the Foundation has developed the concept of multiple focused, concentrated investments being made or seeded, with the aim of continuing to fund and grow those that take root and flourish. This model has roots in Biology and can be seen even at play in the free market system. The Foundation has great material on its mission and values- I highly recommend reading its Annual Reports.
I have little doubt that the Foundation’s impact and legacy, and thus Bill & Melinda’s, will be one of the highlights of the 21st Century, just as the computing revolution ushered us out of the 20th Century on a high note.
So what’s the moral of this little journey? In part, it’s a reflection on the rapidly changing world that we live in. When observed from a distant vantage point, innovation is like a bullet train and we are its lucky passengers, watching the world whiz by, a view that we can become numb to, if we don’t take the time to really *look* at the transformation happening before our very eyes. And yes, there are some very special people who participate in driving and fueling that train. Bill Gates is undoubtedly one of the best and most remarkable among them.
Above all- I’d love to get Bill’s thoughts on this question, anyone have his number?
As always, I appreciate you reading and sharing my blog! It’s fun to sit alone and ruminate on these questions, but I far prefer conversation- so please share your comments and thoughts!