Summary of The Problem with “Trickle-Down Techonomics”

TED Conferences LLC, more...

Watch the video

The Problem with “Trickle-Down Techonomics”  summary
As the world moves more and more of its business to digital technologies, will people without access become invisible?


7 Overall

7 Importance

8 Innovation

7 Style


Data scientist Jon Gosier refutes the notion that all technological advancements inevitably improve the lives of all people. IT developers generally champion “trickle-down techonomics,” the idea that the solutions they design for the elite eventually will be available to everyone. However, Gosier disproves this misconception using several brief case studies. Though Gosier poses more questions than he answers, getAbstract believes engineers and IT developers should heed his thought-provoking warnings and consider the impacts of the products and services they create.

In this summary, you will learn

  • How new technological solutions often inadvertently further disadvantage the already disadvantaged and
  • Why IT developers and engineers have a responsibility to consider the ramifications their creations incur in every socioeconomic community.


Engineers and IT developers advocate “trickle-down techonomics,” the assumption that new tech solutions will appeal initially to the few and will filter eventually to the masses. Thus, engineers...
Get the key points from this video in less than 10 minutes. Learn more about our products or log in

About the Speaker

Data scientist and tech investor Jon Gosier is a partner at Third Cohort Capital, a seed-stage investment group.

Comment on this summary

More on this topic

Customers who read this summary also read

More by category