The billionaire philanthropist and founder of Microsoft Bill Gates finds the term "developed" and "developing" countries meaningless, but still uses it publicly for lack of alternative. "Any categorization that holds together China and the Democratic Republic of Congo is too broad to be useful, but I have continued to use" developed "and" developing "in public (and in this blog) because there is no more precise, easy-to-understand alternative ̵
Well, he seems to have found an alternative. In his most recent blog, the world's second richest man shared a new framework to reflect on the world. Inspired by Hans Rosling's latest book "Factfulness: Ten Reasons Why We Are Out of the World – And Why Things Are Better Than You Think," Gates said people are divided into four income groups from Level 1, Level 2, Level 3 and Level 4. Gates realizes that the largest number of people live in Level 2.
"One billion people live at level 1. That's what we call extreme poverty, so if you're at level 1, you'll survive on less than two dollars a day and get around barefoot," Gates said, adding adding a few more attributes of how people in the group are likely to cook their food with fire and sleep on the bed
According to Gates, this framework helps capture the nuances of global progress more succinctly. "It's hard to see progress in dividing the world into rich countries and poor countries, and if these are the only two options, you'd better think that anyone who does not have a certain quality of life is 'poor', Gates noted.
Gaining more insight from the book on the various levels, the author compares the instinct to compare a quality of life below a certain level with "bad", comparable to getting up on a skyscraper and looking at a city. "Everyone else Buildings will be short for you, no matter if they are ten or fifty floors high. The same goes for the income. Life is much better for those at Level 2 than Level 1, but it's hard to see from Level 4 if you're not looking for it, "writes Gates the author in the book.
Gates noted that there are four levels just one of many insights into factfulness that will help you understand the world better.