1. Initiate massive industrialization in the 3rd World.
2. Create as many jobs as I could.
Expected Results.
1. Massive job creation would lead to improved economy for the 3rd World, filling the gap between 3rd and the 1st World.
2. People would become busier, Literacy rate would go up, Crime and Terrorism factors will be significantly reduced.
Overall, the world would become even better and more civilized place.
No rocket science here.
PS: Bill Gates, Warren, Please don't donate money, Donate jobs.
Plus having read a bit about Nepal having travelled there, many of the poor people work their arses off, but much of the money goes to absentee landlords. I think inequality of wealth is the problem more than inequality of income. The poor generally do work a lot.
Some people might not want "jobs" as we define them. Some might not want an "economy" as we define it. I think we should do our best to shield peoples who don't want to buy in to our system from having to do it.
By no means do I want to condemn people to lives of toiling for giant multinational corporations if they would be perfectly happy being self-sufficient yet isolated.
All you would have to do is convince people to live there (difficult).
I'd give $50 million to the Khan Academy to continue what they are doing at a much increased pace. I'd partner with SpaceX to speed up their mesh Internet satellites in space idea. Then I'd subsidize renewable energy sources such as hydro, wind, and solar electricity throughout much of the poorest parts of the world. The key would be subsidizing the hardware but teaching locals how to operate and maintain this new infrastructure themselves.
Next would be standardized teaching of teachers from local areas to provide free schooling throughout most of the poorest and unreached parts of the world. This would be in partnership with the Khan Academy (or a similar institution of nonprofit status). They could tailor the curriculums to basic education and trades that benefit the local area. Examples would be farming, skilled trades, medicine, etc. if a Kaizen approach was followed, it should slowly improve the economy and thereby the world.
The overarching goal would be self sufficiency. It allows those with no hope to build ladders by teaching others to build ladders that let them climb out of the hole (metaphorically speaking) they are stuck in.
Then (depending on the advice given by others) I'd probably fund NASA, SpaceX, various clean energy companies, disease eradication programs, and development projects for poor countries.
Give me a decade and, maybe, some really useful projects might surface. Ten years of time and a trillion dollars might be enough to go to or maybe even start a colony on Mars, for instance (http://en.m.wikipedia.org/wiki/Human_mission_to_Mars#Challen...), or to get rid of malaria.
- Consciousness transfer to machine substrate research.
- Other life extension research.
Invest enough in some businesses to ensure the pot is renewed yearly.
To find a real way to erradicate zebra mussel and other invasive species, thus releasing about 120 billions currently billed to citizens in damages each year. The initial investment returned (saved) in the next 9 years plus 80 billions of cash, and 120 billions extra created from thin air each year to spend in caprices since there and forever.
Is not a simple task at all of course, but the reward is big.