Bill Gates’ riskiest project: Fixing education

Bill Gates
Adam Jeffery | CNBC

How tough is it to reform education in the United States? Tougher than ridding the world of polio, according to Bill Gates.

During a lunch panel at the Clinton Global Initiative, Gates argued that private philanthropists should be taking more risks than governments or businesses.

Private money, he explained, can afford to fail in ways that corporate and public money cannot. So private philanthropy should aim at providing solutions for the most difficult to tackle problems.