The New Rules of Innovation
In a new book, author Vijay Vaitheeswaran argues that innovation will occur differently than in the past. We need to harness the power of democratizing Internet technologies, he says.
What's the Latest Development?
In a new book, author Vijay Vaitheeswaran argues that the rules of innovation have changed and that we need to consider bottom-up solutions to the world's top-down problems. It is essential to empower citizens to change the world directly, which is currently happening in the third world through advances in mobile communications and micro-credit, rather than rely on cumbersome government projects. Developed economies, which are struggling to maintain their middle class, must adapt their educational systems to the new knowledge-based economy.
What's the Big Idea?
Instead of acting as though 'greed is good', we need to use 'greed for good', says Vaitheeswaran. We need a new kind of capitalism that rewards businesses who create the largest social value by innovating solutions to the world's problems, rather than Wall Street's style of capitalism which consumes massive resources without producing many social benefits. And rather than choose winners by funding specific companies, government should level the playing field for all competitors by investing in government and academic R & D.
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Is it "perverseness," the "death drive," or something else?
A disturbing interview given by a KGB defector in 1984 describes America of today and outlines four stages of mass brainwashing used by the KGB.
- Bezmenov described this process as "a great brainwashing" which has four basic stages.
- The first stage is called "demoralization" which takes from 15 to 20 years to achieve.
- According to the former KGB agent, that is the minimum number of years it takes to re-educate one generation of students that is normally exposed to the ideology of its country.
It's up to us humans to re-humanize our world. An economy that prioritizes growth and profits over humanity has led to digital platforms that "strip the topsoil" of human behavior, whole industries, and the planet, giving less and less back. And only we can save us.
- It's an all-hands-on-deck moment in the arc of civilization.
- Everyone has a choice: Do you want to try to earn enough money to insulate yourself from the world you're creating— or do you want to make the world a place you don't have to insulate yourself from?
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