Humanity’s Sweet Spot ~ Sustainable + Social

MIT colleague Anna Waldman-Brown spotlit this provocative infographic in one of her "Academic frustrations of the day", a plot of...

"...the extent to which a country is meeting its people’s essential needs while at the same time ensuring that its use of Earth’s resources remains within its share of the planet’s biophysical boundaries."

This is on Kate Raworth's page and is named (terribly) "doughnut economics". But I like the graphic... The quadrants represent alternative thematas to "developed" vs "developing" and stand for:

A. Countries that are barely crossing any planetary boundaries, but are falling very far short on meeting people’s needs
B. Many middle-income, ‘emerging’ economies are both falling short on social needs while already crossing biophysical boundaries.
C. Today’s high-income countries cannot be called developed, given that their resource consumption is greatly overshooting Earth’s boundaries and, in the process, undermining prospects for all other countries.
D. No country is yet in sweet-spot cluster D (for Doughnut!) – so how many years until some are there, and which will make it there first?

Inclusive Economies ~ Spring 2020 @ MIT D-Lab

Together with colleagues Kate Mytty and Libby McDonald, I'm co-teaching the Inclusive Economies seminar at MIT this Spring 2020 every Wed morning starting Feb 5th from 9:30-11:30a in N51-310, the D-Lab classroom area!

We explore how innovations and market mechanisms can benefit humanity by rallying impact investments, engaging participants cooperatively, boosting equity and resilience, and broadening prosperity. We look at market mechanisms for maximizing participation, choice, and growth; impact investing approaches which are socially responsible and include metrics that matter; cooperative and mutual ownership structures for shared gains; equitable citizen participation in basic and natural resource wealth; and the role of new technologies and methods towards boosting affordability, accessibility, and overall inclusive prosperity.

MIT Global Ventures ~ Emergent Newcos 2019!

Great to see all 29 final projects in our MIT Global+Development Ventures class this past Fall 2019, a joint-offering between MIT D-Lab, MIT Sloan School of Management, and MIT Media Arts & Sciences in the School of Architecture & Planning! My MIT Media Lab co-instructors Alex "Sandy" Pentland, Ramesh Raskar, and I are all keen to see where our students will take their projects next. Many have received MIT Sandbox support, others are Legatum Fellows or have Legatum Voyager grants over IAP/January 2020, most are entering MIT IDEAS and/or MIT $100K Entrepreneurship Competition Accelerate & Launch phases, and a few are engaging up-river in Harvard's President Innovation Challenge! And, of course, there's many more things to do beyond grant-seeking and contests, most especially actually founding, financing, and building these newcos! Here they are alphabetically...

1. 1Room ~ Kenyan Affordable Personalized Learning System
2. AiBaobao ~ Chinese Active Parenting Solutions
3. Aqua ~ Argentinian Digital Banking
4. AZEKI ~ African Designer Brand & Operational Solutions
5. Co.Mig ~ Venezuelan Migrant Integration & Employment
6. CON-DE ~ Architectural Material Reuse Solutions
7. Corpus Law ~ Digital Accessible Legal Info
8. CorruptionMonitor ~ Citizen Reporting Solutions
9. Experimental Fund ~ Fast Harvard Student Project Funding
10. Green Source ~ African Local Sustainble Fair Palm Oil 
11. GRIA ~ African Snack Foods
12. IT VC for EAC ~ East African ICT Investment Fund
13. KAAN ~ Latam Retired Expat Co-Living Communities
14. Kinderoo ~ Affordable Distributed Day Care Services
15. mBody ~ Pakistani Girls Body Literacy
16. Medical Records ~ Ownership & Transportability
17. Molo ~ Cote d'Ivoire Pay-as-you-go LPG
18. MYLA ~ Make Your Life Awesome Virtual Personal Assistant
19. Mylea ~ Sustainable Fashion Materials
20. OneBeat ~ Social Exercise Engagement
21. Pandar ~ African Smallholder Farmer Informatics
22. RateMonk ~ Indian Online Academic Ratings & Informatics
23. Red Feather ~ Canadian Indigenous Certification & Products
24. RISE ~ Colombian Rural Innovations for Solidarity Economies
25. Salut ~ Brazilian Integrated Healthcare Services 
26. TABIGO ~ Chinese Social Travel Planner
27. Text4Health ~ Anonymous Sexual Health Services
28. TOWARDS ~ Presentation Speech & Performance Coaching
29. Wala ~ Ghanaian Blood Supply Solutions

Remittance Flows ~ FT Infographic on Pathways

The FT writes about Remittances: the hidden engine of globalisation...

"The number of people in the world who live outside the country of their birth has risen from 153m in 1990 to 270m last year according to the World Bank, swelling global remittance payments from a trickle to a flood. As migration has increased, these financial snail-trails have become one of the defining trends of the past quarter-century of globalisation -- the private, informal, personal face of global capital flows. For many developing economies, it is a lifeline. [...] Some governments have sought to channel remittances into development efforts; Indonesia is the latest country to consider a “diaspora bond” in a bid to tap the savings of its wealthier overseas residents."

Global Ventures ~ Inclusive Prosperity ~ Fall 2019

My MIT Media Lab colleagues Alex (Sandy) Pentland, Ramesh Raskar and I -- together with instructor colleagues Beth Porter, David Shrier, Indu Kodukula, Thomas Hardjono, and Nathan Eagle -- are co-hosting an upgraded incarnation of our Global Ventures class this Fall 2019 at the Media Lab top-floor E14-633 starting Thursday afternoon September 5th from 10am-12noon.

Also known as Development Ventures, this class has been offered since 2001 and is part of the D-Lab family. GV seeks scalable solutions & exponential innovations for emerging markets and underserved communities anywhere. This class is about planning ventures which deploy solutions reaching as many people as possible with positive impact and maximizing progress towards inclusive prosperity. The most promising class projects have formed the basis for real ventures, including such alumcos as MAX, Sanergy, Wecyclers, Jamii, PEN, WAY, MDaaS, and dozens more. Those interested are invited to join us at our kickoff class session on 9/5/2019!

Inclusive Economies ~ Spring'19 D-Lab Seminar

Together with colleagues Kate Mytty and Libby McDonald, I'm co-teaching the Inclusive Economies seminar this Spring 2019 every Wed morning starting Feb 6th from 9:30-11:30a in N51-350, the D-Lab classroom area! We explore how innovations and market mechanisms can benefit humanity by rallying impact investments, engaging participants cooperatively, boosting equity and resilience, and broadening prosperity. We look at market mechanisms for maximizing participation, choice, and growth; impact investing approaches which are socially responsible and include metrics that matter; cooperative and mutual ownership structures for shared gains; equitable citizen participation in basic and natural resource wealth; and the role of new technologies and methods towards boosting affordability, accessibility, and overall inclusive prosperity.

Human Life Indicator (HLI) ~ Alt-Index to HDI...

WEForum shares the Human Life Indicator (HLI) proposed by Sergei Scherbov, Simone Ghislandi, and Warren Sanderson as an alternative measure of development solving several problems of the Human Development Index (HDI)...

"The HDI is like a country’s report card. In a single number, it tells policymakers and citizens how well a country is doing. The HDI has been wildly successful in changing the way people think about the development process. However, it still suffers from real flaws. First, it implicitly assumes trade-offs between its components. The HDI also struggles with the accuracy and meaningfulness of the underlying data. Finally, data on different domains may be highly correlated. The HLI looks at life expectancy at birth, but also takes the inequality in longevity into account. If two countries had the same life expectancy, the country with the higher rate of infant and child deaths would have a lower HLI."

Human Capital Index ~ Developing Youth...

BBC Africa's Farouk Chothia reports on the World Bank's Human Capital Index...

"...a new way of measuring economic success and gauges how much effort is being put into developing the youth. The higher the investment in education and health the more productive and higher earning the workforce tends to be, the World Bank says. African countries dominate the bottom of the index."

Minorities & Health ~ Nordenstedt on Metrics

Professor Helena Nordenstedt gives TEDxKTH talk with help of Gapminder visuals on Minorities & Global Health, a framework for better understanding how health and economics go together...

Global Flows ~ Submarine Cable Networks

Just a little MapPorn of Global Flows of data via submarine cable networks... And the very first trans-Atlantic cable...

Global Incomes ~ Distribution Change over Time...

Thanks to Daniel Mitchell from International Liberty for spotlighting a great chart by Professor Max Roser of Oxford using Gapminder data showing the distribution of income globally at key point in recent history...

"There are three takeaways from this data. The first conclusion [...] is that the world is getting richer. Hundreds of millions of people have been lifted out of extreme poverty. That’s wonderful news. The second conclusion, as seen by the red section of the chart, is that a modest bit of reform in India and China has paid big dividends (and, given the success of Indian-Americans and Chinese-Americans, I imagine those nations could become much richer with additional market-friendly reform). But I want to focus today on a third conclusion, which is that pro-growth policies are the best way to help the poor, not redistribution driven by a fixation on inequality."

Wealth & World-Class ~ Universities & Growth...

Thanks to a WEForum post for spotting infographics created for Times Higher Education by Ben Hennig, an associate professor at the University of Iceland, which spotlight the relationship between wealth and world-class universities...

"What are the essential ingredients needed to make a world-class university? [...] The answer always involves a discussion of the importance of institutional autonomy and academic freedom, and a recognition of the crucial fact that without great people, there can be no great university. But one element is undeniably more important than any other: cold, hard cash. [...] You can’t create the appropriate research facilities, or provide the appropriate teaching environment, without money -- but most importantly, you can’t attract and retain the required talent in a highly competitive global recruitment market without the resources to pay attractive salaries."

Fall 2016 @ MIT ~ Ventures, Places, Futures!

I'm co-teaching a very cool folio of MIT class offerings this Fall 2016 and hope you'll either consider joining us or spreading the word about particularly relevant offerings to great students and colleagues who you think might appreciate them! These cluster into three big categories: Transformational Ventures, Creative Places, and Emergent Futures. Details below & online...  

• Development Ventures ~ Thu 10a-12n E14-633 ~ 15.375/EC.731/MAS.665 ~ http://developmentventures.org ~ Towards the entrepreneurial deployment of emerging market innovations solving problems faced by at least a Billion people worldwide in developing countries and underserved communities. First class: Thu 9/8  
• Revolutionary Ventures ~ Thu 2-4p E15-341 ~ 9.455/15.128/20.454/MAS.883 ~ http://revolutionaryventures.org ~ Exploring personal entrepreneurial strategies and envisioning and building transformative ideas and organizations to initiate and/or accelerate bold engineering revolutions. Email reven@media.mit.edu ASAP if interested. First class: Thu 9/8  
• Future Commerce (H1) ~ Tue 1-2:30p E14-633 ~ MAS.s71/15.s73 ~ http://mitfuturecommerce.org ~ New Media meets Markets & Finance. First class: Tue 9/13 (Half Semester offering)  
• Future Health (H2) ~ Tue 1-2:30p E14-633 ~ MAS.s72/15.s74 ~ http://mitfuturehealth.org ~ New Media meets Medicine & Wellness. First class: Tue 11/1 (Second Half of semester)  
• Understanding MIT ~ Tue 4-6p 9-450A ~ 11.s941 ~ http://understandingmit.org ~ Special seminar on the challenges of designing and building research universities and crafting conditions for a supportive, vibrant, and entrepreneurial learning community. First class: Tue 9/13  
• Model Cities ~ Wed 2-5p E15-359 ~ MAS.552/4.557 ~ http://mitmodelcities.org ~ Simulating & Visualizing Entrepreneurial, Innovative, & Creative Urban Hotspots. First class: Wed 9/7  
• SciFab 2050 ~ Tue 7-9p E15-359 ~ MAS.s60 ~ http://scifab2050.org/ ~ An informal seminar using Science Fiction, extrapolation, simulation, and imagination to envision what our world might be like in 2050. Email jpbonsen@alum.mit.edu if interested. First session: Tue 9/13

Poverty Inc ~ Moving Beyond the Aid Industry...

Check out trailer for Poverty Inc documentary expose...

"The film examines the rise of the multibillion industry of charity and aid through the lens of developing world entrepreneurs and working parents, who can often be displaced in their roles as the rightful protagonists of their own story of development. The West has positioned itself as the protagonist of development, giving rise to a vast multi-billion dollar poverty industry -- the business of doing good has never been better. Yet the results have been mixed, in some cases even catastrophic, and leaders in the developing world are growing increasingly vocal in calling for change. The film has earned over 40 film festival honors and has been selected to the "Best of Fests" category in the upcoming IDFA Amsterdam -- the biggest documentary festival in the world."

Development Ventures ~ Exponential Prosperity!

My MIT colleague Alex (Sandy) Pentland and I are offering our Development Ventures action lab class this Fall 2015 at the Media Lab starting Thursday September 10th from 10a-12noon, with special focus on frugal, DIY, and ultraffordable technologies as well as exponential innovations including mobiles, big data, and analytics. This will be our 15th year!

Every year, we look forward to the latest new venture concepts our students propose -- in domains ranging from Health & Wellness, Energy & Sustainability, Education & Creativity, Commerce & Financial Services, Civic Engagement and beyond -- and we try to help the most motivated teams and promising ideas actually start and thrive! Alumcos since 2001 include FirstMileSolutions/United Villages, blueEnergy, WAY Systems, Dimagi, Howtoons, CellBazaar, Global Cycle Solutions/GCS, Assured Labor/EmpleoListo, ClickDiagnostics/mPower/ClickMedix, Dinube, Sanergy, WoundPump/WiiCare, ESSMART, Wecyclers, Ghonsla, Logistimo, Apportunidades, CrowdSOS/WiseSystems, MoringaConnect, TrueAfrica, MDaaS, MAX, and more. What will blossom this year?

Sambany ~ Health Empowered via Mercy Ships!

One of the latest beneficiaries of the Mercy Ships floating hospital organization (and one of my favorite examples of flexible & fast floating solutions) is Sambany, a 55yo burdened by an 8kg facial tumor. Not only is his treatment story epic, but so too is the essential life-affirming mission of MS... See more on the MS channel.

RePlan It ~ Jock Brandis & Co on Indiegogo!

Support our MIT Development Ventures inspiration and CNN Hero Jock Brandis and his crew at Full Belly and fellow documentarians on Indiegogo RePlan It!

Tsunami 2004 ~ Recalling Boxing Day Disaster...

The Boxing Day 2004 earthquake and tsunami in the Indian Ocean -- ten years ago today, December 26th -- was one of the biggest natural disasters in modern memory, killing over a quarter-million people without (much) warning within 4-6 hours in at least a dozen countries -- and triggering unprecedented humanitarian relief efforts. There are several retrospective documentaries of note, but here's a sampling... For those interested in quantifying the catastrophe, first note this NOAA simulation of the tsunami wavefront... Second, look at this seismographic plot from around the world showing the Earth literally ringing from the rupture of the Sunda megathrust off the coast of Sumatra, Indonesia...

We're learning ever more about quakes and tsunamis and NOAA's research and warning system is on the frontline... Nevertheless, the colossal power of plate tectonics is only one of the deadly natural perils mankind faces. Just one modest-sized asteroid hit, say like Eltanin or Chicxulub, would create quakes and tsunamis that make the Boxing Day disaster seem like ripples in a puddle. Simulate this for yourself via ImpactEarth! For civilizational survival, we need to figure out how to move humanity well beyond our cradle, ASAP.

Root Capital ~ Growing Agri-Impact Finance...

Check out Root Capital, a financing and connections-making social venture which helps small and growing rural agri-businesses thrive long-term, socially, economically, and sustainably. See especially their Timeline and here's founder Willy Foote sharing how it all started... And a summary of their approach... And a Skoll World Forum Uncommon Heroes mini-docu on Root...

Inspiring Amputees ~ MSF Action in Jordan...

MSF works in Jordan on seriously injured Syrian refugees. Here's a snippet of their work... Now the key additional thing is to ensure affordable quality prostheses are, in fact, accessible to those Syrian amputees, otherwise this was not inspiration but cruelty.