In software you can't really add people and expect to get more done, because their ability to understand the program and what's going on it would require so much investment and all their work would require so much review that you'd be more likely to slow things down.
Bill GatesWell, jobs are a great thing. You have to be a bit careful: If you raise the minimum wage, youโre encouraging labor substitution and youโre going to go buy machines and automate things - or cause jobs to appear outside of that jurisdiction. And so within certain limits, you know, it does cause job destruction. If you really start pushing it, then youโre just making a huge trade-off.
Bill GatesIf you mess up, it's not your parents' fault, so don't whine about your mistakes, learn from them.
Bill GatesI've always been interested in science - one of my favourite books is James Watson's 'Molecular Biology of the Gene.'
Bill GatesSoftware substitution, whether it's for drivers or waiters or nurses ... it's progressing. ... Technology over time will reduce demand for jobs, particularly at the lower end of skill set. ... 20 years from now, labor demand for lots of skill sets will be substantially lower. I donโt think people have that in their mental model.
Bill Gates