Microsoft's Gates sees no IT spending pickup soon
Reuters | at | by Mike
Microsoft founder and Chairman Bill Gates said on Sunday he did not expect a big pickup soon in technology spending, widely seen as a necessary ingredient for a sustained U.S. recovery. "This economy is fairly flat -- technology spending, there's no big up-tick," Gates told reporters at the sidelines of the World Economic Forum's annual meeting in Davos. "I'm optimistic about scientific advance and technology, and if you take (that) over a long period I think we'll see good economies. But in the next two or three years, I neither see anything notable, nor do I consider myself someone who could make predictions," he added.