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Paul Allen commits majority of his wealth to philanthropy

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Re: Paul Allen commits majority of his wealth to philanthropy

#71
post #22

Even at the expense of sounding like a troll, it always amazes me, really it does, that Bill Gates and Paul Allen the two founders of the so called "evil" MS have given so much money to charity while we haven't seen any such moves from Jobs and Woz the founders of "think-different" Apple. Makes you wonder, doesn't it.

That's a bit unfair. Woz donates, Jobs has thrown money and time into improving organ donation, and in any case Jobs has only become super-rich in the last few years - Gates passed that point somewhere in the mid-90s, so he has had much more time to think about it. I imagine Jobs wants to groom a credible successor for the next few years, so that the company's price doesn't plummet when he retires.

Jobs has had quite a bit from his Disney holdings (which he got when Pixar was acquired; 138 million shares says fortune).

http://tech.fortune.cnn.com/2010/03/11/how-rich-is-steve-job...

Re: Paul Allen commits majority of his wealth to philanthropy

#72
post #70

Earlier quoted context omitted.

That's a bit unfair. Woz donates, Jobs has thrown money and time into improving organ donation, and in any case Jobs has only become super-rich in the last few years - Gates passed that point somewhere in the mid-90s, so he has had much more time to think about it. I imagine Jobs wants to groom a credible successor for the next few years, so that the company's price doesn't plummet when he retires.

Organ donation, eh? How very selfless of him. Reminds me of an article I read once: http://exiledonline.com/memphis-where-the-oligarchs-eat-thei...

thanks for linking this. spot on.

Re: Paul Allen commits majority of his wealth to philanthropy

#73
post #51

Earlier quoted context omitted.

Not only does gates throw lots of money at problems, they follow up the results with effectiveness studies.

And what makes his definition of "effectiveness" any good? When goals are as clear as "maximize profit", I have no doubt Bill Gates is one of the most competent in the field. However, when it's as vague as "improve education", I have serious doubts. I'd trust a passionate fifth grade teacher to make good judgements of what's best for their students' education over a billionaire entrepreneur any day.

> However, when it's as vague as "improve education", I have serious doubts.

It's fun and provocative to say, but do you really feel (or, I should say, think) this way? I could maybe understand if you were talking about, for example, the CEO of CitiCorp, who really doesn't give a shit about anything (compare his background vs, that of Bill Gates).

But are you actually calling out Bill Gates, and saying he's not legitimately trying to accomplish something good for the lesser blessed people in the world? Do you think he's in it for the publicity?

> I'd trust a passionate fifth grade teacher to make good judgements of what's best for their students' education over a billionaire entrepreneur any day.

Well, I don't know what to say about this. Do you actually have children, so that you've actually had to sit down and think about these types of things?

Re: Paul Allen commits majority of his wealth to philanthropy

#74
post #51

Earlier quoted context omitted.

And what makes his definition of "effectiveness" any good? When goals are as clear as "maximize profit", I have no doubt Bill Gates is one of the most competent in the field. However, when it's as vague as "improve education", I have serious doubts. I'd trust a passionate fifth grade teacher to make good judgements of what's best for their students' education over a billionaire entrepreneur any day.

Where do you think the mantra of 'smaller class sizes = better education' came from in the first place? Though I don't doubt the advice was was honestly intended, teachers do have an economic interest in reducing class sizes (as it increases demand for their educational skills and accordingly, wages). It's got to be easier to teach 10 kids than 20, and we generally feel we're more productive when we're not overly str…

I don't regard that as a waste - it may have been an expensive lesson, but I presume the money was spent on subsidizing smaller class sizes in schools.

I can assure you that when a smart teacher who spends every day with kids says one thing about what's better for their education, and the Gates' Foundation's research says another, I have trouble seeing the validity of the latter.

What I'm saying is that yes, smaller class sizes are a requisite for a better education. Have you ever been in a classroom?

Re: Paul Allen commits majority of his wealth to philanthropy

#75
post #74

Earlier quoted context omitted.

Where do you think the mantra of 'smaller class sizes = better education' came from in the first place? Though I don't doubt the advice was was honestly intended, teachers do have an economic interest in reducing class sizes (as it increases demand for their educational skills and accordingly, wages). It's got to be easier to teach 10 kids than 20, and we generally feel we're more productive when we're not overly str…

I don't regard that as a waste - it may have been an expensive lesson, but I presume the money was spent on subsidizing smaller class sizes in schools. I can assure you that when a smart teacher who spends every day with kids says one thing about what's better for their education, and the Gates' Foundation's research says another, I have trouble seeing the validity of the latter. What I'm saying is that yes, smaller…

> Have you ever been in a classroom?

Are you suggesting Anigbrowl does not have any education ?

Re: Paul Allen commits majority of his wealth to philanthropy

#77
post #22

Even at the expense of sounding like a troll, it always amazes me, really it does, that Bill Gates and Paul Allen the two founders of the so called "evil" MS have given so much money to charity while we haven't seen any such moves from Jobs and Woz the founders of "think-different" Apple. Makes you wonder, doesn't it.

Selling (or donating) is about timing. MSFT‎ has seen its best days, while AAPL hasn't yet.

Re: Paul Allen commits majority of his wealth to philanthropy

#78

He earned it so he can spend it anyway he wants, but it would probably help a lot more people if he used the money to become an angel investor in a lot of small businesses that would employ a lot of people. Funding startups in bio and space that would advance the technology, but probably wouldn't get funding from other sources.

No, he probably wouldn't. Look, I understand that this site has a lot of startups, but don't let the echo chamber go to your head. Funding startups is expensive-- we're talking hundreds of thousands of dollars minimum, I expect, for a startup that most likely will fail. That same hundreds of thousands of dollars can save the lives of thousands of people that are starving to death or dying of disease.

Re: Paul Allen commits majority of his wealth to philanthropy

#79
post #74

Earlier quoted context omitted.

Where do you think the mantra of 'smaller class sizes = better education' came from in the first place? Though I don't doubt the advice was was honestly intended, teachers do have an economic interest in reducing class sizes (as it increases demand for their educational skills and accordingly, wages). It's got to be easier to teach 10 kids than 20, and we generally feel we're more productive when we're not overly str…

I don't regard that as a waste - it may have been an expensive lesson, but I presume the money was spent on subsidizing smaller class sizes in schools. I can assure you that when a smart teacher who spends every day with kids says one thing about what's better for their education, and the Gates' Foundation's research says another, I have trouble seeing the validity of the latter. What I'm saying is that yes, smaller…

It sounds as if you're saying you believe in anecdotal evidence and doubt the scientific method.

Re: Paul Allen commits majority of his wealth to philanthropy

#80
post #79
post #74

Earlier quoted context omitted.

I don't regard that as a waste - it may have been an expensive lesson, but I presume the money was spent on subsidizing smaller class sizes in schools. I can assure you that when a smart teacher who spends every day with kids says one thing about what's better for their education, and the Gates' Foundation's research says another, I have trouble seeing the validity of the latter. What I'm saying is that yes, smaller…

It sounds as if you're saying you believe in anecdotal evidence and doubt the scientific method.

Precisely.
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