"[Music] uh well good afternoon everyone welcome to chm right thank you all for coming and live streaming and also on the C-SPAN book TV network welcome to the program today we have a special program B..."

"today um for those that I don't know my name is anel Luen I've been here at the museum for about seven years kind of as we speak uh and uh this to me is um has been announced that I'll be leaving in t..."

"contributions and what Microsoft has done over the years so tonight this program excuse me this afternoon we're really going to have a chance to uh listen to Patrick and Bill have a conversation and s..."

"uh for joining us at this afternoon thank you to the Computer History uh museum for uh for hosting us for those of you who are here for the first time if you've not checked out their uh exhibitions I ..."

"profit so you know these days um you know startups are kind of in the air and you know everyone's seen The Social Network um and uh and you know there's um it's kind of an understood concept was anyon..."

"about his Law Firm so I sort of got the economics uh there and and the kind of business disputes that came up and then a friend of mine Kent Evans he was very much thinking about what career to go int..."

"that so um I um I want to jump a little bit forward and kind of touch on some sort of uh well actually we're going to jump around a lot generally speaking uh but um since we're here in the valley um I..."

"didn't like the memory architecture and then they did this thing called the 432 that they wanted us to write software for and we said that thing is also not very good just do a a linear dress pce and ..."

"document a types set document that essentially became the agenda for Microsoft uh you know do a spreadsheet do a database and it was this beautiful back then the idea that you could make your own typ ..."

"would you compare them yeah there's a lot of similarities in that there were a small group of people who saw what personal Computing would become you know the slogan of Microsoft uh was a a computer o..."

"computer and we were unlike your RAM quote he did say that he did say that he actually did say that uh but there was a small group and some of them were fairly counterculture there was a thing called ..."

"the 70s did it feel more military inflected military research the the fruits and the products of that SRI Etc or was it the whole California hippie Vibe it was more I'd say the latter there wasn't tha..."

"now if you really wanted to do something you had to buy memory cards and a teletype but for $11,000 you actually had a setup that uh you could run an accounting program or uh serious data analysis are..."

"disappointment he got that across uh very effectively effectively so are there differences in how you've tried to parent your kids um as compared to uh you know how um how your parents did well what's..."

"valuable because I could have friends in hiking friends at uh church friends at school you know different groups that I was sort of trying out uh different ways of of working with with with friends wo..."

"age uh was no more coordinated than I was so it was kind of surprising where he signed up for a mountain climbing uh class and that in that case you know tragically as they were practicing he hit his ..."

"the dis storage and cheap memory chips all that stuff is changing what we can do with Computing the existing companies don't get it uh I mean IBM does do the IBM PC that's a long story but they essent..."

"inur okay that's there's something more going on there because there's a lot of early companies I mean in fact either around this Museum or in their their warehouse you know there's 30 mini computer c..."

"you are it's uh I'm getting more gray-haired by the day but uh but since we run a financial services business I think that's helpful um so um so Steve uh jobs used to used describe in in sort of um in..."

"would have been a nice uh extra skill set to have uh but no I mean you always think you're thinking profound thoughts and then afterwards you wonder if your brain uh has been permanently damaged so so..."

"would get bottles of tting and instead of using water I would just pour the tting onto my hand and eat it so I would always have kind of an orange thing on my hand and my face that people found a litt..."

"you know you had an adolescence before 1971 you know you experienc and remember the late' 60s and then obviously you you um well been here for many years afterwards um so what happened in 1971 I don't..."

"work because they have a hard time adjusting for Quality it doesn't really show up in the economic figures you get all as solo said you get all the way into the 90s before you really start to see that..."

"decade people are worried about inflation and you know Jimmy Carter uh you know is wearing a sweater telling people to turn their temperature down it's so funny because when you're in a company that's..."

"the context of the foundation Global risks do you think it all about it well I'd still put there's you know about four or five things that are very scary and the only one that I really understood and ..."

"different than when you have to use centrifuges and things that require a lot of energy and and fairly unique steel Alloys to do now a non-state actor can make uh an atomic bomb quite easily um in the..."

"choose what I concentrated on and and when I was in high school I was okay at it but I remember being down in my room thinking okay I'm going to work on my homework and do really well this year but th..."

"late social skills uh very fidgety you know I I rock sometimes that bothers some of the people around me uh cuz I don't even know what I'm doing it but it's apparently it's not that attractive um so I..."

"been to my detriment um and you know it now nowadays you know maybe getting that diagnosis is helpful to people to understand that okay why they're better at some things and worse at other things amaz..."

"then I realized okay this guy is right this is a fake thing like when my parents would say you know go to bed at this time and I would say that is truly arbitrary uh uh that you know that was not not ..."

"people trust trust university/ trust higher education what do you think is going on well I I'd site two things there the first is a general phenomenon about trust you know so when when they ask the Ch..."

"way but uh you know my son chose you Chicago because they were one of the first who said if you think there's a thing called the microaggression and if you think somebody standing up in front talking ..."

"View and aren aren't uh profit focused so um I'm a big fan of Tyler Cohen's uh interviews and I was you know thinking preparing for this you know what um what would Tyler ask and so um uh you mentione..."

"grandparents would sit in the morning and read there was a daily lesson from Mary Baker Eder and it's about uh it it's not so much about don't go see doctors it's more about your values and how you uh..."

"development tools anyway when I was under uh examination by Harvard she wrote me a note to say hey please be careful you know you got to worry about your reputation and uh so I I think the good parts ..."

"you know is is you know are the new modes we use today just all a free lunch well I think it's even harder today to step back and really uh spend time thinking about things you know the news is bombar..."

"along is there anything about your childhood if I'd known you uh when you were 16 that might have led me to predict that you would undertake the particular kind of philanthropy with the Gates Foundati..."

"into my 30s my mindset was there's all sorts of other wonderful stuff going on I'd love to be polymathic I'm reading about the latest in many different Sciences but I going to focus on Microsoft and y..."

"going to give this money back to the idea of well have all the philanthropists taken the high impact things and so what I'm going to find isn't going to be that good it you can say it's a tragedy that..."

"together one of the first times I ever met bill um I uh I sort of tentatively and nervously put forth my theory about you know the the uh the possible future success of solar um and uh he he told me i..."

"that helps you make the the transition four uh final questions um would Microsoft have been more or less successful if it had been started uh or had moved when you I guess moved from Albuquerque if Yo..."

"I was like no that's because you think there's a spreadsheet Market there is no spreadsheet market and so we were we were reasonably hardcore uh and you know there be there were junctures like when th..."

"valuable companies when I'm growing up it's oil companies car companies Banks you know NTD Doos the most valuable does anybody know them uh most valuable company in in the world and so the I the digit..."

"alphabetic form and there's no videos to really describe things and you know youve no llm to ask clarifying questions yeah to yeah uh and and so it's really a historical it's fine that people are worr..."

"innovation is greater today than ever uh and you know I'm lucky I still uh get to back you know incredibly smart people who are doing doing all of that work well I'm on that note Bill thank you very m..."