Bill Gates Refers Capitalism to Produce More Funds for Male Baldness Research than Malaria

Bill Gates Refers Capitalism to Produce More Funds for Male Baldness Research th

Bill Gates said capitalism in modern times means producing more funds for the researches like male baldness rather diseases like malaria. He said it while speaking at the Royal Academy of Engineering's Global Grand Challenges Summit.

Moreover, he said that our priorities are driven by marketplace imperatives. Malaria vaccine is in the demand of human beings, but one will hardly find any funding for it. Besides, if one will see researches like male baldness, they can see the high magnitude of funding because of the voice in the market.

The Gates Foundation works on under invested areas of basic science and emphasizes the needs of the poor by looking at health and education. According to Gates, feeding the world population of 10 billion is one of the most daunting challenges.

He further added that researches like "genetic revolution" can help have better understanding of crops and seeds to increase the productivity.

Also, he said that climate change is one of the most challenging problems, which needs to be dealt with more engineering innovation so as to have reduced carbon emissions. "Governments could be doing more to fund the basic research, but we need to solve it very quickly. We don't have the luxury of waiting", he added.


FrenchTribune Specials

Researchers find Surprising Levels of Ozone Pollution in Colorado Mountains

Scientists from the National Center for Atmospheric Research have conducted an intense examination of pollution along the populated northern Front Range. Their investigators have found ozone all the way up to the mountainous Continental Divide.

The researchers examined an area of land that spanned 60 miles, from Denver to Fort Collins....

Most Popular

Death Rate due to Drug Overdose Increases by 41% in New York

Health Department of New York on Thursday unveiled that...

Astronomers Catch Glimpse of Galaxy Construction

For the first time, National Aeronautics and Space...

Mozzarella Cheese Best for Pizza, Says Study

In an all new study, the science behind cheese and pizza...

A First: Physicists Detect Neutrinos Created by PP Fusion Process at Sun’s Core

With the help of one of the most sensitive neutrino...

Poll

Can Greece Come out of Economic Problems: