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Photo: Aurelien Meunier / Getty Images

In an interview with Axios, Bill Gates warned Apple and other tech giants that they risk the kind of nightmarish government intervention that once plagued his Microsoft if they act arrogantly.

The big picture: "The companies need to be careful that they're not ... advocating things that would prevent government from being able to, under appropriate review, perform the type of functions that we've come to count on."

  • Asked if he sees instances of that now, Gates replied: "Oh, absolutely."
  • Why it matters: With the Big Tech companies feeling they're suddenly drawing unfair scrutiny, this is Microsoft's co-founder saying they're bringing some of the problems on themselves, by resisting legitimate oversight.

Gates in a phone interview ahead of today's release of the annual letter of the Bill & Melinda Gates Foundation:

"The tech companies have to be ... careful that they're not trying to think their view is more important than the government's view, or than the government being able to function in some key areas."
  • Asked for an example, Gates pointed to the companies' "enthusiasm about making financial transactions anonymous and invisible, and their view that even a clear mass-murdering criminal's communication should never be available to the government."
  • When I said he seemed to be referring to being able to unlock an iPhone, Gates replied: "There's no question of ability; it's the question of willingness."

As Axios AM readers know, Bill Gates is a huge optimist. So I asked him what big trends scare him:

  • "There's always the question how much technology is empowering a small group of people to cause damage. ... [S]maller groups might have access to ... nuclear weapons or, even worse, bioterror or cyber" weapons.
  • "[I]t's easier for kids to do genetics in a laboratory. That's a really good thing, unless a few people decide to make human-transmissible smallpox and spread that into the world."
  • "A small group can have an impact — in the case of nuclear, on millions; and in the case of bio, on billions. That is scary to me."

In a first, this year's letter from Bill and Melinda Gates (complete with handwritten notations) is in the form of 10 Tough Questions, including how President Trump's policies are affecting the foundation's work:

  • "Although we disagree with this administration more than the others we’ve met with, we believe it's still important to work together whenever possible. We keep talking to them because if the U.S. cuts back on its investments abroad, people in other countries will die, and Americans will be worse off."

Go deeper: Read the annual letter .... Follow Bill Gates' blog, Gates Notes (including his book recommendations).

Subscribe to Axios AM/PM for a daily rundown of what's new and why it matters, directly from Mike Allen.
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Go deeper

Dion Rabouin, author of Markets
49 mins ago - Economy & Business

The European Central Bank and the market's moment of truth

ECB president Christine Lagarde; Photo: Chip Somodevilla/Getty Images

The biggest event for markets this week will be Thursday's meeting of the European Central Bank's governing council and the press conference following it from ECB president Christine Lagarde.

Why it matters: With interest rates jumping around the globe, investors are looking to central bank heads to see if they will follow the lead of Fed chair Jerome Powell, who says rising rates are nothing to worry about, or Bank of Japan governor Haruhiko Kuroda, who has drawn a line in the sand on rates.

Mike Allen, author of AM
2 hours ago - Politics & Policy

Manchin's next power play

Photo: "Axios on HBO"

Sen. Joe Manchin (D-W.Va.), America's ultimate swing voter, told me on "Axios on HBO" that he'll insist Republicans have more of a voice on President Biden's next big package than they did on the COVID stimulus.

The big picture: Manchin said he'll push for tax hikes to pay for Biden's upcoming infrastructure and climate proposal, and will use his Energy Committee chairmanship to force the GOP to confront climate reality.

Why picking a jury for the Derek Chauvin trial is so hard

Illustration: Eniola Odetunde/Axios

The tough task of selecting a jury for former MPD officer Derek Chauvin's trial for the killing of George Floyd is set to begin Monday.

The state of play: "This case may be the most highly publicized criminal trial in a long time. ... That means that it's harder to find people who really have an open mind," Richard Frase, University of Minnesota Law School professor of criminal law, told Axios.