America and Japan are the two leading world economies in terms of technology and innovative products. And in software, information-age technology and biotechnology the U.S. has an amazing lead.

Innovation is a good thing. The human condition - put aside bioterrorism and a few footnotes - is improving because of innovation.

I hope you will judge yourselves not on your professional accomplishments alone, but also on how well you have addressed the world's deepest inequities...on how well you treated people a world away who have nothing in common with you but your humanity.

People who feel the world is tilted against them will spawn the kind of hatred that is very dangerous for all of us. I think it's a healthy sign that there are demonstrators in the streets. They are raising the question of 'is the rich world giving back enough?'

The death of a child is an incredible tragedy all over the world. Back in 1990, about 12 percent of children were dying before they reached the age of 5.

The answer is simple, and harsh. The market did not reward saving the lives of these children, and governments did not subsidize it. So the children died because their mothers and their fathers had no power in the market and no voice in the system.

If your goal is to make the world a better place, one thing you can do is pick a specific challenge that you really care about. Then, learn as much as you can about it and try to volunteer your time to help an organization that is working in this area. While you're doing that, look for creative new ways to use technology to tackle parts of the problem that you come in contact with.