During a press conference in San Francisco, tech billionaire Mark Zuckerberg appearing alongside his wife, Priscilla Chan unveiled a robust, new, philanthropical goal. The couple revealed their intention to spend $3 billion in the hopes of “cure, prevent or manage all diseases by the end of the century”.
They reported that this money will spent via the Chang Zuckerberg initiative, an organization founded created in December of this past year. This comes just days after Microsoft announced their intention to use artificial intelligence to once and for all wipe out cancer.
According to Zuckerberg’s presentation, there is 50x more money being spent on treating people who are sick, than on curing the diseases that are getting people sick in the first place.
Further, he outlined three distinct principles that would be utilized in regards to the couple’s investments. Those were:
- to get scientists and engineers to come together to work to find a solution
- build new technology which can be used to advance research
- help to bring more funding to science from across the world
Together, the couple had already committed to spending $600 million on a new center for research called, Biohub. This was created in the hopes of bringing together engineers, computer scientists, biologists, chemists, and others who could work across fields to find solutions to leading medical problems.