Tech Matters: Using tech for positive social change

At Benetech, we advance technology applications that empower and protect underprivileged populations, and that also have the potential to become financially self-sustaining enterprises. This keeps us focused on projects that offer the greatest social impact for the resources invested. Benetech Labs is where the Benetech team and our social impact partners incubate new software-for-good applications. Within the arena of startup incubators, however, Benetech’s social enterprise business model and Benetech Labs’ approach are unique. Let me explain how this is so. The typical incubator model works well where a team has formed around a technology innovation and is looking to graduate a for-profit company. The entrepreneurial team explains how its product can be monetized, and angel and venture capital funders then invest in the hottest teams coming out of the top incubators. What happens, however, with technology applications that could provide great social benefit but that won’t gene...

“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 ...