A More Equal Sunrise
How To Bring Innovation To The Masses
Of all the passions of mankind, the love of novelty most rules the mind. In search of this, from realm to realm we roam. Our fleets come loaded with every folly home —Shelby Foote, American historian and novelist
In our most recent strategic plan, we highlighted the Japanese word kanji-ii-kurashi. It’s difficult to translate into English, but essentially it means living as part of a community, simply, conscientiously, and in harmony — Masaaki Kanai, President of Ryōhin Keikaku (Muji brand of products) in HBR Jan-Feb 2018
We are chasing novelty but not for novelty’s sake. Instead, technologies end up widening the gap between the wealthy and the underprivileged. Most technologies are commercialized by the for-profit sector. Venture Capital, which now has a new form in Initial Coin Offerings, essentially supports innovation from a returns perspective. If all new technologies are funded with the objective of creating more money than the initial…
