Buffet concerned about soil and starvation
Teaching improved farming techniques plus having the inputs available along with commitment of country leadership is key. Subsistence farmers aren’t doing something wrong; they just don’t have the answers, or they don’t have access to the answers.
It isn’t the question of whether biotechnology crops are an input for every country, but how such crops fit into specific situations, Buffett said. It will not be possible to bring biotechnology crops into the “really undeveloped countries” fast at all.
“Africa is 54 countries and 54 different decisions. It is not a continent-wide decision. You can pick countries and then places in those countries where the technology will transfer better than other areas. In the long run, I think it is foolish to not use it,” he said.
Buffett concluded by saying, “For all the people who are distracters to technology, GMO crops or whatever the technology, give us the solutions. When you walk out to a village and people are literally starving to death, give us the solutions. That [starvation] is a clear result of low productivity … So, what are the solutions if these aren’t the solutions? Tell us how you are going to get it done. Tell us how it works.”