Reimagining the Power of One Billion Dollars
“What would you do with a billion dollars to combat economic inequality?” asked Chris Anderson, head of TED, at the closing session of this year’s conference . More specifically: “how would you audaciously reinvest that amount of money to best help the world’s 3.5 billion poorest people?” he probed. Having just heard the new director of MIT’s Media Lab, Joi Ito , present the Labs’ latest approach to innovation—“Deploy or Die”—I was inspired to answer the question. Bottom-Up Innovation Joi’s new motto underscores the need for more than just tech demos to change the world. To make them truly count, we must put our technology innovations into the hands of real people and see what actually works. Technology has advanced to a point where it is easy to do so. Whether it’s software, hardware, or even biotech, the cost of prototyping and deploying new tools, then adapting them and iterating, is now extremely low. As I previously described in a Huffington Post op-ed , it ...