There will be a major difference between old banking and new banking. With old banking, many people of the poor countries did not even trust banks. Instead they had to save their money at home because in most cases they did not have access to banking. With the new idea of mobile banking, all savings can be stored digitally with the click of a button. Instant transfers will be available. Gates believes that this innovation will link to improvements in education and farming(Gates 18). While reading this, many questions arose. In poor countries, physical banks are not available because there is not enough money to build them, nor enough to keep them up and running. Because of this, people have never really had the feeling of an actual bank, therefore leading them to not trust banks. If they have never had experiences with banks, I do not think that they would openly begin to use mobile banking without any prior experience with banks, nor barely any experience with improved technology. If they are a poor country, money needs to be spent on more important things such as food, shelter, infrastructure, and making the country better as a whole; it should not be spent on less important things like technology and cell phones. If they follow through with the ideas of mobile banking …show more content…
But Bill Gates is coming onto the issue from a very wrong perspective. In his opinion technology will help connect teachers together to share their thoughts and this is 100 percent true. Although technology is a great resource to have, Gates states that “There is one thing software will never do: replace teachers”(Gates 22). But many countries do not have access to improved technology that is made to do so. The main reason for this is the economic status of the countries. If a country is poor, they are probably hungry, and they are most definitely not as technologically advanced as countries such as the United States. In the U.S.A it is much easier to improve education with the use of technology because this generation has grown up with it, but in countries such as Africa this will be a large problem because they have no experience what-so-ever with such advancements. For some students, the use of technology may help with enriching their education but in poor countries this is too large of a step to take. Not only are they technologically behind, they are also educationally behind. Using software and computers may be a problem in poor countries where they are educationally behind. All students learn differently, and at the rate Africa is changing, many other advancements need to be made such as