2019.06.28 / Robert / Comments Off on Bill Gates Sits Down With David M. Rubenstein
On Monday June 24, 2019, Bill Gates was interviewed by the Economic Club president David M. Rubenstein. They discuss climate change, Microsoft, artificial intelligence, and his work on global health and K-12 education in the USA through the Gates Foundation.
These averages hide a large amount of variation across industries. In software startups, the average age is 40, and younger founders aren’t uncommon. However, young people are less common in other industries such as oil and gas or biotechnology, where the average age is closer to 47.
The technology itself was far from an instant hit. For one thing, other methods for closing things—such as buttons, hooks-and-eyes, and laces—had been around a long time and worked just fine, even if they could be slow and laborious. “There was no general sense that this was an area begging for improvement, much less replacement,” wrote technology historian Robert Friedel in Zipper: An Exploration in Novelty.
It also took decades of different people reworking the basic design of the zipper, finding an audience for it, and figuring out the right marketing to make it as popular as it is today. But the zipper succeeded, and arguably offers a counterpoint to anyone who thinks an idea that has been tried in one form and didn’t immediately catch on is already dead.
Remington, which has been around since 1816, makes the Bushmaster AR-15 rifle, the gun used in the Sandy Hook elementary school shooting in Connecticut in 2012 that killed 20 first-graders and six educators. The AR-15 is the gun used to kill 17 people at a Parkland, Fla., high school on Valentine’s Day. The AR-15 was developed as a weapon of war to kill as many people as quickly as possible. It’s the reason it’s the choice of many mass-shooters.
The company said on Thursday that it added 157,000 net digital-only subscriptions in the fourth quarter of the year, pushing overall subscription revenue to more than $1 billion for the year. Subscription revenue now accounts for 60 percent of the company’s total revenue.
Buoyed by the growth in digital subscriptions, total revenue for the year increased 8 percent, to $1.7 billion, and 10 percent in the fourth quarter, to $484 million.
The Times Company had more than 2.6 million digital-only subscriptions, which include news, cooking and crossword products, at the end of 2017. Digital-only subscription revenue increased 46 percent last year, to $340 million, and 51 percent in the quarter, to $96 million. Subscription revenue for the year increased 15 percent. For the quarter, it rose 19 percent, to $269 million.
What They Said
At first dreams seem impossible, then improbable, then inevitable.
— Christopher Reeve (Sep 25, 1952 – Oct 10, 2004)
I’m a passionately curious voyager trying to make sense of our amazing world.
Amid the miscellany of thoughts and links populating this site, you may find something useful and/or interesting, as I did. You are welcome to rummage about.