News

Bill Gates Predictions Point To 2035, The Year Where Poverty Will Cease To Exist

Bill Gates, founder of Microsoft, has always been known for his involvement in humanitarian aids as well. With his passion for technology as well as humanitarian activities he is involved in, he stated that the “revolution” will be one of the things which will help poor countries get over poverty. He also made some predictions on how this might have an impact in the future.

In his annual letter from the Bill and Melinda Gates Foundation, he relates the progress that poorer countries have made in the past 50 years. He also predicted that “by 2035, there will be almost no poor countries left in the world”. His argument are based on the World Bank’s classification of low-income, which divides economies based on 2012 gross national income, and he predicts “almost all countries will be what we now call lower-middle income or richer.” Low-income groups, according to the World Bank, make $1,036 or less, and lower-middle income groups make from $1,036 to $4,085.

“Almost all countries will be what we now call lower-middle income or richer,” he stated. “Countries will learn from their most productive neighbors and benefit from innovations like new vaccines, better seeds, and the digital revolution.”

Thank you Cnet for providing us with this information
Image and video courtesy of Gates Foundation

Gabriel Roşu

Disqus Comments Loading...

Recent Posts

Assassin’s Creed Boss Calls Shadows’ Inclusivity Backlash ‘Devastating’

The Assassin's Creed Shadows development team has been facing a difficult time amid an ongoing…

42 mins ago

Yoshi-P Says He Would Like a Re-Release of Vagrant Story and Final Fantasy Tactics

More than twenty years after the launch of Vagrant Story, many are still dreaming of…

57 mins ago

Still Wakes the Deep 

LIVE THE HORROR: An immersive disaster story aboard a stunningly realised North Sea oil rig,…

6 hours ago

PHILIPS 275V8LA – 27 Inch QHD Monitor

The Philips VA LED display uses an advanced multi-domain vertical alignment technology that gives you…

6 hours ago

EPOMAKER Ajazz AK820 Pro 75% Gasket-mounted Mechanical Keyboard 

【TFT Screen: The Interactive Interface】This 75% mechanical keyboard comes equipped with a TFT Screen, serving…

6 hours ago

Funko Fusion

FANDOM FUSION Play as your favorite characters and wield their unique weapons and skills. Team…

6 hours ago