Bill Gates Quotes


Automation applied to an inefficient operation will magnify the inefficiency.


Citations

Gates, Bill. Business @ the Speed of Thought. Grand Central Publishing, 1999.

Related Quotes

We think of jobs being eliminated when technology is employed as a modern problem. But here, in 1936, automation was eliminating jobs rapidly. One fascinating difference is that Mrs. Roosevelt observes that the laborers jobs are eliminated and the high school and college graduates can run the enterprise. 75 years after this quotation, the jobs of the high school graduates were being eliminated and some higher education was necessary for most jobs. As technology improves, the workers who are necessary require more and more education.


Bill Gates
Bill Gates
  • Born: October 28, 1955
  • Nationality: American
  • Profession: Software Developer, Investor, Entrepreneur

William Henry Gates III is an American business magnate, software developer, investor, author, and philanthropist. He is a co-founder of Microsoft Corporation. During his career at Microsoft, Gates held the positions of chairman, chief executive officer (CEO), president and chief software architect, while also being the largest individual shareholder until May 2014. He is considered one of the best known entrepreneurs of the microcomputer revolution of the 1970s and 1980s. Gates is also co-founder and chairman of TerraPower that is developing next generation traveling-wave reactor nuclear power plants, in an effort to tackle climate change.