Government, rather than billionaire philanthropy, is and will continue to be the main catalyst for meaningful change in the world, according to Gates Foundation co-chair Melinda Gates.
Philanthropic initiatives “can often take risks,” she said in an interview Wednesday at the Bloomberg Equality Summit. “They can try innovations that sometimes work and sometimes fail. They can look for new solutions, they can help us collect the data. But ultimately it’s always up to government to scale up these innovations, to create this change.”