>The world’s poorest farmers show up for work each day for the most part empty-handed. That’s why of all the people who will suffer from climate change, they are likely to suffer the most.
So, these poor farmers will demand low-cost solutions to manage these problems. Entrepreneurs would sense this(Bill already did) and start building these tools. It's just how capitalism works.
Unless, there's a crony global economy where corporations buy up government and hold illegitimate monopolies.
As consequence, they are unproductive and unable to keep up with innovation. The world doesn't get what it needs. Bill would also be a good example.
"So, these poor farmers will demand low-cost solutions to manage these problems."
Poor farmers can demand lots of things. They won't get them.
" Entrepreneurs would sense this(Bill already did) and start building these tools. It's just how capitalism works."
Bill Gates is not an entrepreneur. He's a philanthropist. His activities fund a lot of entrepreneurs. And that's an important distinction.
The reason there are solutions in the works for these poor farmers is not that the farmers are demanding them. The reason is that BILL GATES is demanding them.
Poor farmers in this context means subsistence farmers (people who literally live hand to mouth). They don't make the same sort of money even a cash crop farmer would make even at the best of times in the same country.
> I would blame it on people choosing to have children they can't necessarily support.
It's not like that they perceive to have a choice: If one lives from day to day (or here harvest to harvest) and has never heard of pensions nor any chance to ever receive one, children are the only security one has for old age.
There is a delay between rising living standards, education and number of children finally decreasing. It's unrealistic to expect things to happen much faster for them than it happened for everybody else.
So, these poor farmers will demand low-cost solutions to manage these problems. Entrepreneurs would sense this(Bill already did) and start building these tools. It's just how capitalism works.
Unless, there's a crony global economy where corporations buy up government and hold illegitimate monopolies.
As consequence, they are unproductive and unable to keep up with innovation. The world doesn't get what it needs. Bill would also be a good example.