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Annemarie Berukoff
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Annemarie Berukoff   My Press Releases

When Bill Gates Makes a Prediction: Do You Plan Resistance or Minimum Wages?

Published on 3/17/2014
For additional information  Click Here

Bill Gates was recently quoted at the American Enterprise Institute.

See the article:



He made a gloomy prediction that many people, including governments, are not prepared for. Here are some of his statements:


Within 20 years, “software substitution” will dramatically reduce the demand for many types jobs.

This means that "software automation " could eliminate many lower skill occupations or bring wages down to minimum wage levels.


“Software substitution, whether it’s for drivers or waiters or nurses … it’s progressing,” Bill Gates said. “Technology over time will reduce demand for jobs, particularly at the lower end of skill set. … 20 years from now, labor demand for lots of skill sets will be substantially lower. I don’t think people have that in their mental model.”


He said that the tax codes need to be updated to encourage companies to hire employees and even do away with income and payroll taxes entirely.

He warned against raising the national minimum wage out of fear that it will prevent employers from hiring new workers.

“When people say we should raise the minimum wage. I worry about what that does to job creation … potentially damping demand in the part of the labor spectrum that I’m most worried about,” Gates said.

Reality is tough mountain to climb especially in the Internet Economy when you may end up living on the poverty line.

Doesn't this make you want to be in some kind of software distribution business?

The only simple, people-friendly solution I know where no technical expertise is needed is with a free software distribution home business that is perfectly positioned to take advantage of these huge trends of e-commerce and mobile commerce.

E-Commerce is fundamentally changing the internet and world as we know it. This is the biggest transfer of wealth in the history of the world and most people, perhaps politicians,  do not even recognize that it is taking place.

This video presents an outstanding overview and understanding of the rise and future of  E-Commerce and how to make money on the internet.  It is important that we understand our changing times, our workplace , our marketplace,  and how to create our confidence in facing future changes from more than a minimum wage status.

Do not bypass this video - you will learn so much. You will be so much better prepared to answer this question: When Bill Gates Makes a Prediction,Do You Plan Resistance or Minimum Wages


Questions and discussions  are always welcome but only after you have seen this extraordinary video about the internet evolution.


Annemarie and Don

Mobile contacts:

PS: First, I was in the right place at the right time. Second, I saw the vision. Third, and most important, I took action" Bill Gates

Will you?

Member Note: To comment on this PR, simply click reply on the owners main post below.
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