• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

Meet a 71-year-old who retired as a radiologist and professor, and now runs a banana-skewer business: ‘I never want to retire. Why would you do that?’

3

China suffers another setback in effort to de-dollarize global finance as anchor in the greenback's dominance quietly exits Beijing's payment scheme

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

Meet a 71-year-old who retired as a radiologist and professor, and now runs a banana-skewer business: ‘I never want to retire. Why would you do that?’

3

China suffers another setback in effort to de-dollarize global finance as anchor in the greenback's dominance quietly exits Beijing's payment scheme

Intel chairman urges tech to tackle social problems

By
Jon Fortt
Jon Fortt
Down Arrow Button Icon
By
Jon Fortt
Jon Fortt
Down Arrow Button Icon
August 19, 2008, 4:42 PM ET
Google source logo
Add Fortune on Google for similar content.
Intel Chairman Craig Barrett encouraged the tech community to solve global problems. Photo: Intel

Intel once again has both dominance and momentum in the chip world, so when it opened its biggest conference of the year on Tuesday the company didn’t need to resort to chest thumping. Instead, it aimed to inspire.

Chairman Craig Barrett delivered the keynote address at the Intel Developer Forum in San Francisco, an event that the company uses to rally the technology community behind its products and vision. But rather than take an us-versus-them view of the world, Barrett used the stage to urge technologists to use their skills to improve healthcare, education, global economic development and the environment. He also announced the Intel Challenge, in which Intel will give four $100,000 prizes to entrepreneurs with the boldest ideas in those areas.

There’s more to Barrett’s global focus than humanitarian zeal. As the U.S. economy slows, technology companies are increasingly looking to emerging markets overseas as the best hope for growth. Besides Intel, heavyweights including Dell , Hewlett-Packard and Cisco are focused on the “next billion” people who will connect to the Internet for the first time in the coming years. Michael Dell, for one, is fond of pointing out that half a million people get online for the first time every day, and their needs are very different than the U.S. customers the tech world has traditionally served.

To help illustrate the new global growth opportunities, Barrett invited a few technologists to the stage to showcase their efforts. A couple of highlights: Johnny Lee, a PhD in human-computer interaction, showcased a method he developed for creating inexpensive interactive whiteboards using a Nintendo Wii remote and homemade digital pens. Matt Flannery, CEO of Kiva.org, talked about his microfinance website that allows individuals to loan money to entrepreneurs in developing countries.

After the keynote, Barrett sat down with Fortune and spoke more about his views on how the U.S. needs to change. He said that in this presidential election year, both candidates are promising improvements to education, but neither seems willing to commit the needed dollars to research and development.

About the Author
By Jon Fortt
See full bioRight Arrow Button Icon

Latest in


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.