Bill Gates says more than 50% of business travel will disappear in post-coronavirus world

  • 📰 CNBC
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

'We will go to the office somewhat, we'll do some business travel, but dramatically less,' Microsoft co-founder Bill Gates said.

Microsoft co-founder Bill Gates said Tuesday that he predicts over 50% of business travel and over 30% of days in the office will go away in the pandemic's aftermath.

Moving forward, Gates predicted that there will be a "very high threshold" for conducting business trips and there will always be a way to work from home.The coronavirus will fundamentally alter the way people travel for and conduct business, even after the pandemic is over, Microsoft co-founder Bill Gates said Tuesday.

"My prediction would be that over 50% of business travel and over 30% of days in the office will go away," Gates told Andrew Ross Sorkin during the New York Times' Dealbook conference. Moving forward, Gates predicted that there will be a "very high threshold" for conducting business trips now that working from home is more feasible. However, some companies may be more extreme with their efforts to reduce in-person meetings than others, he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

BigSuede426 Wow it any idiot could have predicted that..no news there and who cares.

Hay Bill where is your purple sweater ,you know the one you got for 50% off

I agree with Bill Gates. Coronavirus-19 has accelerated our move in the direction of electronic communication and has made it mainstream.

HUOOOOOOOOOOOOOOOOOOOOOOO,FUCK YOU gates.FUCK..........🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬

Dear dear Elon Musk please shoot Bill Gates into space thanks, the rest of us.

Offices will be more flexible, but people will still travel, we are social creatures ✌️

Are supposed to believe him because he is rich? No!

....it's also called BillGates

Yeah he wouldn’t have any agenda saying this.

“Germany's CureVac, a biotech with the backing of the Bill & Melinda Gates Foundation, more than tripled in its first day of trading Friday.” 8/14/2020 michaeljburry Is this for real? Look at this chart. InfinitusCap “Blue horseshoe loves Anacott Steel.”

That is the bastard’s goal.

I'm a solo mom of 2 boys under 3 when my husband travels. Hopefully Gates predicted right.

So, now you are Nostradamus. Come on, stop this bill gates nonses. He is not any kind of any kind of savior... It seems everyone forgot the 80s and 90s gate's... Well... Not the Simpsons

My usual enjoyment of watching shattered due to the failure of my 14 month old SamsungTV which, despite thousands of similar backlight failures worldwide SamsungHelpUK telling customers they are not interested. YOU HAVE BEEN WARNED!

lunatic guy

Can we hear from people who are not financially invested in this “pandemic” please? This is not ok

People will like to see each other in person, so my prediction is a pos. spike afterwards with slightly decrease, but not by 50%. imo

Just as planned!

Then it must be true..... LOL

Nothing can replace face-to-face collaboration. It's been tried for 20 years, and travel has only INCREASED.

Who asked this 🤡

How many kids in India died after his vaccine

Why is guy even consulted?

WFH and zoom are the way for future

bel_lelli

Hey man, that's like, his opinion,...

Airlines, hotels, restaurants and strip clubs will all suffer

Thx captain 🙄

Travel can scale back but I don’t see airlines as profitable & may need to be nationalized

Yay nobody likes business travel.

MMinevich

MMinevich

One day Gates will disappear and it will be happy day on Earth

Welcome to Zoom travel!

Now bill Gates is not only a doctor and now psychic to

Then it is only fair for Bill Gates to speak 50% less.

That's probably what he is hoping for as a technology company Microsoft would profit from remote meetings

he should know. those who Bamboozle PREDICT everything people WTFU see what their doing right in front of us. PayAttention.

Of course it only helps his business. Fuck this guy

Hope it’s all cruises

Let’s hope not for the sake of all those folks who work for airlines etc. Bill Gates should shut the hell up.

I tell you 69% biz travel was always needless Companies exce, airline rewards, showing work keeps unnecessary travel Some travel good, extra hang on, multiple executive Travel just to travel is ...

This dude is a clown.

Great for the private jet crowd.

Who cares what he says...you are all nuts for following him.

Travel and food will be for the 1% not the 99%.

sometimes they were boon doggles anyway. A way to say 'Ive been to Korea'. If they were in the office, more work would get done! business FortuneMagazine wsj

Airlines ☄

Bill Gates is a sick, wicked OLD man!!!!

The president of the World speaks .He knows everything. He who knows it all.

You will own nothing and you will be happy

And all of that money goes to Microsoft via Teams.

Pobre Bill Gates, algunos le van a poner de agorero como poco.... aunque su análisis es muy realista, durante varios años después de 2020, queda un inmenso trabajo de vacunación, hasta restaurar la sanidad publica a nivel global, de miles de millones de vacunaciones.

Considering air travel is one of the worlds biggest polluters that’s great news for us and our planet.

Says the tech who who founded a company offering a virtual meeting platform. Noted.

Well he has it totally wrong! Once traveling is allowed, we gonna break records with an unseen number of flights in one year!

Says an old billionaire...thanks but no thanks Bill

He also said COVID will affect 10 million Africans .... so he can relax

That’s why everyone should create another source of income! Send a DM for more info to be able to earn money through bitcoin trading with no experience needed !!

Take a breather, You always have the wrong word the right time Your wife said she saw Dead bodies the peak of Vivid 19Pandemic in Africa on the long 🏃 it was a terrible hoax meant to ridicule Blacks all over the world

Gosh he just knows everything about everything....and everyone believes him!

Bold prediction.... but, it comes from The BillGates ! I’m all in!

Which means drastically reduced operating costs for most corporations... which translates into increase in net profits... which means more money can be dished in employee performance bonuses...!

This is a good news for giant tech and disastrous for others

Agree.

this guy is a pure virus

What bussines will rise on post pandemic covid19?

No substitute for face to face .

Remote working works well, however company culture could potentially decline if it's not handled correctly.

50% seems conservative, honestly.

CNBC’s new travel advisor is bill gates what next Jeff bezos giving cooking tips

He looks happy about it. He’s just waiting for his vaccine to be released. Then we can all travel again while he sits with billions

He won’t travel less on his private jet

And he's smiling because Microsoft stocks are going to go through the roof

90% of all freedoms

Shouldn’t improve his bottom line at all. Stop feeding this Fuck more money

This’ll be good for the environment!

Thanks Bill for your support!

Gates can suck it

Microsoft will get major share of new business with their Teams product

This guy is happy about the state of things that he help created What a shame travel industry will die but Microsoft will not loose a dime

Bill Gates is an evil globalists. His views and ideas are destroying our world.

Emperor Gates designing a better world for us peasants, thank you m'lord.

Bill gates is the most corrupt person

As someone who traveled a lot to do business, it is typically a waste of time and money.

He doesn't care, he travels with his private jet...

Got to disagree, I’m a million mile traveler and there is no substitute for face to face business. Capitalism will win on this cause the rainmakers will get on those planes.

This should be news to absolutely nobody. These are all much-needed changes and should have been done long ago. In the end, they're a net benefit to American workers and work satisfaction levels

.... and 80% of Corporate luxury box and game day ticket say for Pro sports

I was advocating spending the billion$ on high speed data backbones in place of California's 'high speed trains', ages ago. Ironically, Covid might finally force CA to do what I could only rant about. Move the data, not the people.

Sure, with that attitude.

No shit, you fly in and out same day mother fucker!

I'm ok with not flying 100,000 miles a year for work anymore.

This asshole BillGates is so deep into pharmaceutical Companies and shady shit that it wouldn’t surprise if he was behind this pandemic with 🇨🇳

He is right. It is costly and inefficient. I was on a flight to Dubai once. Talked to a guy who was flying business class. He flew over to Dubai from Seattle.....to get a contract signed.

This guy may own a company that benefits from staying at home and being on a computer...that’s my guess.

How is this guy a “thing” ? he makes shitty computers with shitty operating systems.

Hahah 😂 so funny people listening to a computer guy about virus

Most of it was made obsolete long ago but we just kept doing it b/c of habit.

MicrosoftTeams is doing the job and filling the void.

Says travel going away. Sells software to enable remote slavery.

That make sense

cos he decides the future now?...we will?...we will?...i think he means just the small people doesnt he?...

horse poop ..... pay me well and i'll get on a plane and sell whatever product / service you need sold anywhere in world

Embodiment of evil...he is

Do you care what Bill Gates says?

The city of Milan during the Lockdown2 seen from the Cab 🚖

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines