Be eradicated. He put out an annual letter were he put for this annual letter, writing that by 2035 there will be almost no poor nations left in the world. Here is the exclusive interview on how they choose their charitable causes to whether or not gates will return to microsoft. I think that the board is doing some important work right now. The foundation is the biggest part of my time, but then i put work into help as a board member. Are you involved with the search for the new chief executive . Were working on that. There is nothing new to say. It is a good board. Do you feel a sense of urgency at all . Does the board fill a sense of of feel a sense of urgency . I cannot wait. Then again, you want to pick the best person. They will move at the right pace. We had the fortune of having the mayor comeback. We are very happy to have him back. Bill, has that ever hit your vision in the future of going back to microsoft fulltime. My fulltime work is going to be the foundation for the rest of my life. My wife and i are enjoying that. I get to do it in depth. I am not going to change that. I will help out parttime. In the 12 years that youve been in public office, technology, the industry itself has changed dramatically. New pioneers. Give me your take. The basics really have not changed. Education, business, philanthropy, is still about people looking at each other and i am listening to each other and working collaboratively. You have to be very careful not to think that technology is going to do everything for you. Ethics matter, competency, the education of our kids. That is the most important thing. There are enormous changes in the job prospects for people. Some of them are going to lead us down a path of some very severe problems. Nevertheless, the most important thing is every kid getting a good education. And in some parts of the world, they understand that. And some parts of the world, they do not. Sadly, in america we do not. We keep falling in rankings. We used to be in the top 10, now were lucky to be in the top 30. We have to get away from this partisan stuff and start devoting the resources we need need were going to have a future. Bill, you are passionate about training our young people, particularly with computers. That is a topic that mike and i think is incredibly important. We have been willing to create some controversy, saying that, lets help people be better. Teachers be better. Lets try out new approaches. Some of this is unsatisfactory. Technology can help a motivated learner. But how do you create the motivation . That is mostly a human problem. And how can you help the teacher do it as best as possible . As a final note, bill, tell me what you think about the state of the Technology Industry right now . The rate of innovation is faster than ever. Things like understanding speech and vision, taking large amounts of data and understanding that, big, High Resolution screens that will be on your walls and in the opposite at home. We are in a fantastic time where finding information, scanning information, is going to get a lot better. And that will lead to productivity. We can simulate things so that new Product Design and innovation will go faster. We see that in biology, even understanding complex systems, and what drugs should be tried out, so im a great believer, whether it is helping the poor or the global economy, technology can help a lot of lot of can solve a lot of problems. If you go back and look at what people predicted a few years ago, and they were so wrong. Everything has been done. In the next few years, we will improve technology more than was done from the very beginning of electricity till today. Exponential. There is no industry that will not have to adjust and change. Some will do that successfully. Some will not. Some people have better jobs. Some people have to find ways to make sure that they are included. It is going to be a serious problem. It is not just an american problem. It is a problem around the world. Particularly, around the middle it is taking place. You get cheaper products, but we are employing fewer people. We have to find ways to get everybody involved. Majority stakeholder, my my mike bloomberg, and microsoft cofounder bill gates. To switzerland some of technologies biggest names are headed to the World Economic forum. We will hear from them, coming up, next. Welcome back to the best of bloomberg west with emily chang. Taking the stage at the World Economic forum in switzerland. The salesforce ceo is there. Among them, all of them sat on a single panel. They covered topics, including nsa surveillance. I spoke with them at length. Interesting, all of them affected, maybe so forth the least. Salesforce the least. Yahoo as well getting those collection request from the nsa. Here they are at this forum talking about the impact of their global businesses on this spying policy. All of them were asked, what would you ask, if you could ask president obama for one thing, what would you ask . Lets take a look. What one request would you make to president obama . Transparency. Understanding, so that we can help our users understand these how many requests that we are getting, and the range of request that we are getting, and how that data is going to be used. And we want to regain the trust of our users. Do you feel that trust has fallen because of this . I think so. Not only in the u. S. , but also, internationally. There are concerns about what the nsa is looking at. I think that transparency is something that would help. You do wonder what the fallout is going to be, internationally, in terms of how it is going to affect the growth of the companies. The international clients, for example, dont trust yahoo and other companies to hold their data. Every one of those ceos, at t, yahoo , they have all been to the white house to talk to president obama, specifically, about that issue. Cisco has been more candid than any of the other company out there. They said that their sales fell because of the nsa program. John chambers has been very outspoken about this. He has been outspoken about this policy because it is hurting his business. He talked about, on this panel, the need for more regulation. I dont mean to be too optimistic on his part. But the idea that the United States and allies could agree on the rules of the road. How we are going to do surveillance, if you will . Lets agree and follow those rules. Look at the failing results. Ibm had weak results, which we will talk about later in the show. You can really see that this nsa problem is not just a Civil Liberties issue. It is a business issue. I heard the ceo of salesforce saying, look, it is not just their responsibility. Vendors have to provide transparency themselves. They cannot pin it all on the government. Is he calling them out . Yahoo , cisco . I think that is the other issue, where the companies stumbled around this when it first broke and Edward Snowdens leak first became known. They said it is not that big of deal. They said, we wish we could tell you it is not that big of a deal. They continued to call for transparency. Ill be sure to see what those numbers look like when we can see it, and at the numbers matter that much. If it has, in fact, been a big meta gathering. Weve had Different Levels of cooperation. Yahoo complaining about this. But they recognize the challenge to their business. But they recognize the challenge to the business. In the past year, she talked about how mobile is changing their business. Lets take a look at what she had to say about that. It is about crossover. By the end of this year, we will have more mobile users and mobile traffic then we have easy easy have pc traffic. You have to be prepared for that. Can you actually be a big company and be fast, and transparent, and have autonomy, and really enable people to keep up with how we are changing . Heres my question. She talks about mobile now for more than one year. But the same thing is happening at facebook and more of their users are going mobile. The same thing is happening at twitter. There are more mobile users than pc users. But it doesnt mean that more are using them. Just that theyre using it differently. What does it actually say about the traffic in a growth . Their intimates of a a they are in the midst of a turnaround where everything matters bigtime. This business of the huge transformation we are seeing across businesses, where it is not just about adapting to mobile, where you have something you like yahoo that is trying to find relevance that it is lost over the last 10 years, mobile provides a great opportunity for them to be relevant in a place that they have lost relevance. They lost relevance on desktop, and they could be relevant on mobile. Their are 390 million mobile users. That is up for the quarter. That is a big change in human behavior. Now that were seeing those numbers, they can trumpet it out. But now they will be required, not actually required, but we will demand, tell us the metrics for mobile. We want to know how many users you have. If it is accelerating or declining. How does it translate into sales . We know that advertising and sales are not doing particularly well. She just fired someone, so she is not happy with that leadership. Mobile first development. It is hard to think mobile first grade a you can argue that twitter is mobile first. But they said that, uncertainties, mobile revenues exceed desktop revenues. We have not heard that from google and yahoo . We know that things tend to be less valuable on mobile. We will see how that transition goes. At some point, the companies are going to require we know that yahoo fought with the fcc about what they did not want to disclose. They did not wanted disclose their reliance on that agreement, which could expire in a short time. They have not disclosed mobile. If their mobile numbers looked really good, they would disclose them. If they have not disclosed, a. B. Strong maybe they are not a strong. This discussion is going in an interesting. The moderator asked, what kind of technology has transformed their life the most . One of them said that fitbit. He had a funny story about how michael dell has been following him and could tell when the other person was not working out. Take a look at this. Are you feeling ok . I was like, what do you mean, michael . He was like, im very worried about you. Im your friend on the fitbit network, and i notice you have a a you havent worked out. It is almost creepy. Michael dell across the country could know that marc was not working out. Both of them build their empires on the desktop. Now they are really thinking about and actively engaging in this role of not getting fit. This world of not getting fit, that is a thing for guys in their late 40s, i think. I am early 40s and i like both of these guys personally. But i think that theyre actively engaging in learning about this world where lots of data is being collected. A new kind of social network is being created. Outside of it, there is a facebook connected thing like fitbit. The sharing of data is a big part of this, but there are massive amounts of data being collected. Or you could be not collected for a few days. I am sure these guys are thinking about what this means, in terms of big business. And changing their what about what it means, in terms of privacy . Where does the data gets stored . Who gets to see it . I am sure they are thinking about selling that the stores, and selling that data, and gathering the data, and spinning it in ways that can be used, not just trying to get his friends off the couch. That was cory johnson, our editor at large. We will bring you some information from dell founder, michael dell, about dells plans. This is the best of bloomberg west. I am emily chang. Dell, what will be computer maker actually looked like as a private company . The dell founder set down with us in switzerland. Take a look. The hardware part is still an important part. The value is certainly shifting to the software. These are areas where we have invested tremendously. We had 30 acquisitions in the last five years. We built a 21 billion Enterprise Business in this new area. Certainly, as a private company, we are intending to focus more on those areas. Before you jump in here with some questions for mr. Dell, the michael dell ad on television is a home run to left field. You went back to all these companies. It is kind of an inspiring ad. I got goosebumps. I didnt cry, but i appreciate that. What you have in your hand . And how significant is that to what you are doing . We have a new eight inch tablet. Is this a shameless plug, or what . Shameless plug. This is an eight inch tablet. It is also an entire pc. It runs microsoft office. You take it with you. If you attach it to a monitor. You take it with you. It is just a small pc. Is therefore the whole industry is going . It is interesting. I think the death of the pc has been talked about quite a lot. It turns out there are still one million of these devices sold every single day. Are you kidding . But on a price competition basis, in india as an example, what is the distinction of this product versus what apple or microsoft is doing . Tablet business was taking off in 2013. It it doubled from the first to the second quarter. It doubled again from the second to the third. From the third to the fourth, it tripled. There is a differentiation and and in services. Of course, the real issue is, how do you integrate this into a companys operations, making it, not just about the product, not just about software and services, understanding how it works with the company to make people more productive. You are going to try to ship the lion share to this . Or are you going to still primarily be a Hardware Company in, say, five years . We still have a substantial business in hardware. But i will tell you, it is a Good Business for us. And it is a Great Foundation for us to build a relationship. You get into cyber security, systems management, information management. We are entering this whole age. That was tom keene with David Kirkpatrick and dell ceo and founder, michael dell. Coming up, the twitter cofounder will be joining us. Find out why he says that the new start up is not a social network. This is the best of bloomberg west, i am emily chang. The twitter cofounder has a new app called jelly. Jelly hanswers questions with pictures and involves your social network. In addition to twitter, i sat down and asked him as a social media pioneer, why choose search . I did not need mean to do it. I asked myself the question, what would we build if we had to build something that could answer questions. That led us to mobile and social and all of a sudden we had this idea we had to do. The other part of that answer is once i realized what it was, i realized that jelly is the productization of my own personality. I enjoy helping people. Let people help each other. Did to start a company . Did you mean to start a company . We were going to hack on it and put it out there and see if people like it. As we talked about it, we thought this could be a Good Business. It has been out there for two weeks, how is it going . It is still early. It is hard to see what people will wind up asking over the long haul. There are three types of questions we see. One, should i buy this . Two, how do i fix this or set this up . Three, what am i looking at . That is where the picture comes in. You have to post a photo to ask a question. Why is that . Some questions need photos and some dont necessarily. This is a mobileonly application right now. One of the things that makes mobile what it is your photos. It is something that tells you where you are out in the world. In my experience, most questions can be dramatically contextualized better with a photo. Sure you can argue that some dont need them, i think things can be enhanced with a photo so i made it mandatory so you would not have that extra decision. You have to do a photo, you do not decide if you need one. Talk about what else is out there. What is missing from google . Why are you trying to take them on . I am not trying to take them on, i am offering an alternative. I think there are some queries that are better answered via human mind than retrieving a document that has already been published. The key thing in this information is not knowledge. Knowledge is worlds away, information is just an ingredient. It is one of many things that is transmuted in the human mind to actual human experience. Well ask the person the question, you get more nuance and more knowledge. I have been doing it. I traveled last week and broke my carry on luggage. I asked what i should buy. I got 15 different answers and they were all helpful. It worked out well for me. One of the things that surprised me was as soon as i asked my question, my husband asked if i was shopping. He got a notification. How many people got told that i wanted to ask this question . Not everybody. My cofounders name is ben. What we are doing is taking your social networks and blended them into one network. We are sending your query out to a percentage of those people. Not everybody am about some of the people you know got that question. What about questions you dont want people to know you are asking . That is what makes google great is you are anonymous. That is another decision we made early on. We felt it was better if you were not anonymous. There are too many cash and too many in looking at too many anonymous services, there were too many mean things that were possible. When you attach your name to something, you behave differently. Does that inhibit the potential growth . It might. We were willing to take that chance. If youre not capable of asking the question to your friends, it is probably not the right service. Interesting. You can say thank you. I wanted to ask more questions. Tell me more. How long have you used it . Is there a reason you cant send another message . Do you not want this to be a messaging platform . We intentionally broke a lot of accepted norms. We had an early prototype that was very discussion based and backandforth and comments. People were not getting their questions answered quickly enough in a valuable enough way. We switched to a model that said this is the question, answer it or forward it. We are sort of actively discouraging conversation. We feel there are plenty of other place to have that conversation. That may change, right now that is how we are doing it. You make the point that this is not a social network. We do not want people to think this is yet another social network. The simplicity of jelly is it takes advantage of what we have been building for the last seven to 10 years. People have been collecting followers and friends and contacts. To what end . We are the response to that. Maybe the answer to why we have been doing that is so we can start helping each other. Why cant you search other peoples questions . I could have asked w