Summary of The Problem with “Trickle-Down Techonomics”

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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.
 

About the Speaker

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

 

Summary

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...

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