"But what he means by that is that there used to be a very small part of the world's population, Europe and the United States, that were really engaged in capitalism and creating products. So you had a scale for business of about 800 million people. Now, between technology and what's happened in a lot of countries, particularly China and India, you've got more like 4 billion people all participating. And whether that's the market for talent, or manufacturing, the market to sell products into, that scale really changes things, not just quantitatively, but qualitatively. And that everyone has to step back and think about how that affects them. "
Monday, May 23, 2005
Bill Gates' Web Site - Speech Transcript, Microsoft CEO Summit 2005: