Mark Zuckerberg interview 60 minutes

Facebook CEO Mark Zuckerberg has a great, costly goal: to connect the globe to the Internet. He spoke with Emily Chang about his strategies, afterward returning from a trip through Southeast Asia & India last year as part of his inventiveness. The interview airs February 19 on Bloomberg Television's Studio 1.0. The transcript under has been lightly edited.

You are a year and half into this. Tell me your dream; tell me what motivated you to do this.

Zuckerberg: Once persons are connected, we can just do certain great things. They have the chance to get access to jobs, learning, health, and conversions. We have the chance to bring the persons we care about nearer to us. It actually makes a huge difference. The Internet is in what way we connect to the modern globe, but now, unluckily, only a small more than a third person have access to the Internet at all. It’s around 2.7 billion people, and that means 2/3 of persons don’t have any access to the Internet. So that looks actually off to me.

There are whole these studies that display that in developing nations; above than 20% of GDP growth is determined by the Internet. There have been studies that indicate if we connected a billion more persons to the Internet, hundred million more jobs would be formed, and more than that would be lifted out of poverty. Thus there is just this deep faith here at Facebook that technology wants to serve everybody. Connectivity just cannot be a privilege for persons in the richest nations. We trust that connecting everybody in the globe is one of the great tasks of our generation, and that’s why we are pleased to play whatever small part in that that we can.

What has been your single greatest attainment, and what has been your largest setback?

The last dated has mostly been about learning. We’ve been working on this for some years so far, and what we’ve actually learned is that there are a few main barriers to connectivity, and they are not essentially what you would have thought of upfront. The first single is that a more of the persons just don’t have any right to use, to a network, thus it’s a technical barrier. So even if they had a phone and could pay for data, there would be no equal to a cell phone tower close them to access that.

That’s what a more of people think about once they think around not having connectivity, & there are plans such as drones and satellites and things like that that we are functioning on that can make connectivity and solutions in zones where they aren’t now. And that’s important. But it turns out, that’s really a pretty small part of the difficulties. Only around 15% of people who aren’t linked are not connected for the reason that of a technical barrier.

The afterward barrier is affordability. And a more of the persons who have access can’t have enough money to pay for it. Thus the answer to that is to make it more effective. Make it thus the network of infrastructure operators are using is more effective, thus the apps persons use consume less data. And there’s a more of the work that is working on that. You know, we’ve completed the Facebook application on Android, for instance.