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Squawk Pod

Bill Gates Shifts on Addressing Climate Change 10/28/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 28 October 2025

⏱️ 42 minutes

🧾️ Download transcript

Summary

Microsoft co-founder and billionaire philanthropist Bill Gates has penned a new memo about resource allocation to climate change. In an essay that surprised many, Gates writes that climate change “will not lead to humanity’s demise,” despite his years of work to educate on and mitigate the results of a warming planet. In a sit down interview, Gates explains his perspective on “trade-offs” and allocating a shrinking amount of resources to multiple global issues. Gates also weighs in on the prospect of an AI bubble. Plus, President Trump has met with Japan’s Prime Minister Sanae Takaichi, OpenAI has inked a deal with PayPal for ChatGPT payments, and Hurricane Melissa is approaching Jamaica.

Transcript

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0:00.0

Bring in show music, please.

0:04.3

Hi, I'm CNBC producer Katie Kramer.

0:07.0

Today on Squawk Pod, Bill Gates, Microsoft co-founder and billionaire philanthropist,

0:12.8

is out with a new, surprising memo about allocating resources for climate change.

0:17.9

If we stop funding all vaccines and that saved you 0.1 degree, would that be a smart trade-off?

0:25.6

That's the kind of question we have to ask.

0:28.6

Gates is taking a hard look at our global priorities and at artificial intelligence.

0:34.6

What else?

0:35.6

It is so profound, and therefore its influence is hard to overstate.

0:41.7

What kind of AI bubble are we in?

0:44.9

Some of these companies will be glad they spent all this money.

0:49.0

Some of them, you know, they'll commit to data centers whose electricity is too expensive,

0:54.0

you know, that it could be done

0:55.2

overseas. That big conversation plus, Hurricane Melissa approaches Jamaica, President Trump is in Asia,

1:02.8

October baseball. Did they put a guy on second last night? They didn't do, are they doing that?

1:07.6

Or are they not? Maybe they are. I didn't, I wasn't up watching it.

1:10.9

And PayPal teams up with Open AI on a chat GPT payments deal.

1:16.0

PayPal used to be the only game in town.

1:17.9

There are so many different alternatives now.

1:21.0

It's Tuesday, October 28th, 2025.

1:24.5

Squawk Pod begins right now.

1:28.4

Stand Becky by in three, two, one.

...

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