Rating

7

Qualities

  • Innovative
  • Eye Opening
  • Well Structured

Recommendation

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.

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 tailor their products and services to high-income earners while disregarding the rest. However, in many cases, new technologies not only fail to improve all lives across the board but even hurt the communities they were intended to benefit.

For example, wearable technologies – especially sports watches that can track health-related metrics...

About the Speaker

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


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