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Summary to On the Brink of Utopia Reinventing Innovation to Solve the World’s Largest Problems by Rafael Laguna de la Vera and Thomas Ramge

In the exhilarating voyage through the pages of “On the Brink of Utopia,” discover a visionary exploration into the realms of possibility and peril. Embark on a journey infused with hope, tinged with uncertainty, and pulsating with the potential to shape our collective destiny.

Dive deeper into the pages ahead to uncover the transformative insights that await, and join the discourse on shaping our future.

Genres

Political, Philosophical, Sociological, Technological, Futuristic, Speculative Fiction, Dystopian, Utopian, Economic, Social Commentary

“On the Brink of Utopia” presents a captivating narrative that delves into the intersection of technological advancement, societal evolution, and human aspiration. Through a thought-provoking exploration of diverse scenarios, the authors illuminate the spectrum of possibilities that lie ahead, from utopian visions of harmony and progress to dystopian landscapes fraught with peril. With meticulous research and compelling storytelling, the book navigates the complexities of our modern world, inviting readers to contemplate the profound implications of our choices and actions.

Review

“On the Brink of Utopia” is a tour de force that transcends traditional boundaries, offering readers a multifaceted examination of the human condition and the trajectory of civilization. With its insightful analysis and visionary perspective, this book serves as a beacon of enlightenment in an era defined by uncertainty and upheaval. A must-read for anyone seeking to understand the forces shaping our future and the possibilities that lie on the horizon.

Recommendation

Is humanity living in a time of Innovative breakthroughs, or are tech enthusiasts delusional? Authors Thomas Ramge and Rafael Laguna de la Vera explain why Silicon Valley’s evangelical discourse surrounding Innovation, with its “Chief Innovation Officers” and “Heads of Design Thinking,” is often little more than public relations theater. Given the existential global risks the world faces, humanity can’t afford to merely play at innovation. The authors describe how to ensure a truly innovative future, calling on readers to disrupt the status quo and build a better world.

Take-Aways

  • Humanity can plausibly enter an era of innovation if it meets five main conditions.
  • The label “tech for good” applies only to innovations that actually improve life for the majority.
  • People who achieve innovative breakthroughs share five qualities.
  • Governments can radically boost innovation levels with a three-pronged approach.
  • Governments and venture capitalists should invest in “deep tech” – not just “easy wins.”
  • Open-source software and open data sharing drive innovation.
  • An innovative spurt would follow similar patterns to surges of co-evolution in nature.
  • Innovative leaps require self-efficacy and techno-optimism.

Summary

Humanity can plausibly enter an era of innovation if it meets five main conditions.

Contrary to popular belief, you may not be living in the most innovative time in history. Economists Tyler Cowen and Robert J. Gordon point to data that suggests that humanity experienced a much bigger wave of innovation between 1870 and 1970. During this period, technological breakthroughs such as electricity, the automobile, indoor plumbing, antibiotics and the telephone radically transformed human life. Innovations boosted productivity and sparked a shift from an agrarian economy to a service and industrial economy.

Today, humanity is undergoing a shift to a knowledge economy, but the verdict is still out on whether the near future will be genuinely innovative. In his book The Innovation Delusion, Lee Vinsel points out that most of the technologies in the room with you were probably invented more than 50 years ago – an indicator that, perhaps, most of the innovation talk you hear from Silicon Valley Companies is just that. In many ways, humanity is experiencing “innovation theater” instead of true innovation.

“On the stage, the people play-acting innovation have perfectly mastered innovation talk.”

Still, new technologies, such as those enabling synthetic biology and green energy, could propel humanity into a genuine era of innovation. Though no one can predict the future with certainty, innovation levels could increase under the following five circumstances:

  1. The global scientific community cooperates, as it did when rapidly creating vaccines to combat COVID-19.
  2. Governments and private interests increase their investments in innovation.
  3. Ramped-up competition between companies and nations – such as the United States and China – pushes innovation forward in ways that benefit the world at large.
  4. Antitrust regulation prevents a few monopolies and oligopolies from dominating the market and stifling innovation.
  5. Governments create and support public “innovation agencies.”

The label “tech for good” applies only to innovations that actually improve life for the majority.

Now is the time to take risks. Humanity needs breakthrough innovations to deal with existential challenges such as climate change.

Seafields Solutions, a company co-founded by Spanish marine biologist Mar Fernández-Mendéz, has partnered with the industrial chemical giant BASF to pioneer a unique approach to both carbon capture and the manufacturing of bioplastics. Mendéz and her partners plan to nurture the growth of algae in containers placed in the open ocean. Robots will then compress the algae, reserving a portion to produce the bioethanol used to make plastic parts for computers and cars. The machines will then roll the rest of the algae into bales and let them sink to the ocean floor. These could remove a gigaton of carbon dioxide from the Earth’s atmosphere each year and hold that CO2 securely for 1,000 years.

Seafields Solutions and BASF appear well-positioned to achieve economies of scale. But they aren’t the only ones trying to harness the power of green energy. Why have so many similar initiatives failed to secure investments?

“At what points can efficient technology help us find a socioecological transformation…for a still-growing population?”

While those in the tech industry throw around catchphrases, like “using tech for good,” it’s important to question whether they’re actually achieving meaningful progress and making life “better” for the majority. Jeremy Bentham, the founder of modern utilitarianism, believed people should aim for solutions that achieved “the greatest happiness for the greatest number of people.” Using that logic to describe “good,” can you really argue gig-economy platforms that use tactics like “surge pricing” (raising prices when demand is high) count as “tech for good”?

If you’re trying to make life better for the majority, aspire to create innovations that help people meet their five basic needs, which psychologist Abraham Maslow modeled in pyramid form: “physiological needs,” “safety needs,” “social needs,” “individual needs” and “self-actualization.” You should also work to help achieve the United Nations 17 Sustainable Development Goals, which include ending poverty, achieving gender equality, and providing people with access to clean water and sanitation.

People who achieve innovative breakthroughs share five qualities.

People who achieve innovative breakthroughs tend to share the following five characteristics:

  1. Early specialization” – Innovators have specialized interests that they often identify long before becoming adults. Others may fail to comprehend their dedication to their area of focus, which can appear almost manic or obsessive.
  2. Tenacity – Those who take innovative leaps display resilience in the face of extreme challenges, including social ostracism.
  3. Openness” – Breakthrough innovators are receptive to constructive criticism and carefully consider perspectives that differ from their own. They’re keen to exchange ideas, absorbing those they find interesting.
  4. An empowering leadership style – Innovative leaders give team members enough freedom to push innovation forward, inspiring them to work toward a collaborative mission.
  5. A desire to make a difference – Those achieving breakthrough innovations are obsessed with the idea that their knowledge and discoveries will help the world at large.

Governments can radically boost innovation levels with a three-pronged approach.

On a national level, dramatically increasing innovation requires the following three conditions:

  1. Less “red tape” – An overabundance of bureaucratic red tape holds State-funded projects back. If innovators become overwhelmed by paperwork and are hindered by dated regulatory frameworks, it slows the pace of innovation. For example, government bodies may prohibit different research bodies from exploring the same problem, viewing it as a waste of money. In reality, it pays to have multiple teams working on the same complex issues.
  2. “Measure innovation, reward success, red-flag ‘pseudosuccess’” – Find productive metrics for innovation. Reflect on metrics such as: the number of start-ups the research gives rise to; how many good jobs the research organization’s work creates; the start-ups’ sales, company market values and profits; the corporate taxes paid; and any specific environmental metrics, such as the tons of CO2 captured. Companies that fail to properly measure their innovations should not receive innovation funding.
  3. Leverage governmental “purchasing power” – Public spending isn’t just for education and health infrastructure: Governments must also invest in innovation. For example, if your country is slow in its adoption of electric cars, perhaps the government could invest in charging stations.

Governments and venture capitalists should invest in “deep tech” – not just “easy wins.”

When in the prototype development phase, many companies find themselves facing innovation’s “valley of death,” as it’s often difficult to obtain funds for products that do not yet exist. National governments spend billions on “application-oriented research,” but tend to choke off funds when companies actually need them. If states want to support innovative ideas, then investing in advance, as a purchaser, can help companies survive during this “valley of death” phase. States must weigh both the risk that companies may fail to deliver on their promises and the challenges they’ll face if lack of funding keeps innovators from finding solutions to complex problems.

“Risk intelligence also means understanding when not taking any risks is a major risk.”

Venture capital financing tends to benefit companies creating easy-t0-copy digital assets. These backers and organizations bet on markets – for example, the ride-sharing economy – rather than taking the sort of risks required to drive breakthrough technological innovation. Venture capitalists must invest more in deep-tech companies: those working to solve complex engineering and scientific problems in areas such as green energy and biotechnology.

According to the Boston Consulting Group and the think tank Hello Tomorrow, in spring of 2021, venture capital companies had about $1.9 trillion dollars “sitting around” uninvested. These companies could allocate some of these funds toward deep-tech solutions to safeguard planetary life. But those working to round up investment for deep tech companies say investors lack the capacity to properly assess the risks and benefits of cutting-edge technologies, hindering funding. Venture capitalists must improve their risk intelligence and embrace long-term thinking, as opposed to a “quick wins” mentality.

Open-source software and open data sharing drive innovation.

Open-source software drives innovation: It is no longer “designed by nerds for nerds” and is becoming ever-more accessible and user-friendly. Even Big Tech companies that have made their fortunes selling proprietary systems, such as Microsoft, Google and Facebook, rely on open-source solutions and build open-source software themselves. This is because open-source software provides demonstrably superior solutions to proprietary systems. Open-source development underlies the cloud and high-performance databases, and software like MongoDB and Hadoop, is powering the Big Data revolution. Self-driving cars rely heavily on open-source code.

“The most important source of innovation is access to knowledge.”

If Big Tech companies truly want to fuel global innovation in ways that benefit the majority, they should leverage open and decentralized solutions, harnessing the creative energies of the world’s best minds. These companies currently hoard data, using it for their purposes while blocking others from harnessing its power to generate the innovative solutions needed to steer humanity forward. Likewise, governments and public institutions fail to share their data on a large scale. Data generated in digital education and the life sciences arenas – where commercial interest is low – could fuel innovation but often isn’t recorded. It’s time to shift toward a culture of open innovation, in which innovators share information generously with others, fueling collaboration. Patent reform is also necessary, as exclusiveness and property rights don’t need to be mutually exclusive.

An innovative spurt would follow similar patterns to surges of co-evolution in nature.

In his book How We Got to Now, American evolutionary biologist Steven Johnson attributes periods of major technological breakthroughs throughout human history to the “hummingbird effect”: One tiny innovative discovery can drive the next in an iterative, observable manner. Johnson compares the tendency of human innovation to influence subsequent innovations to the co-evolution between flowers and hummingbirds: First, flowers evolved to attract pollinators, such as bees, then, hummingbirds evolved to fly low, with rapidly flapping wings to drink nectar from blossoms. Likewise, when tackling major global challenges like the need for efficient and sustainable energy solutions, technological breakthroughs will co-evolve or develop in response to one another.

“Highly original follow-up innovations in the coming decades will help us to meet the major challenges that today often seem distressing, dangerous and unsolvable.”

A wide range of life forms spontaneously evolved millions of years ago during the “Cambrian explosion”; technologists could witness something similar in the future. The growing computational capacity and explosion of big data in chemistry and biotechnology could trigger a massive burst of innovation across a variety of fields. Solving one complex, global challenge – creating an abundant supply of affordable, clean energy with technologies such as solar and wind power, for example – could also help humanity find solutions to other problems, such as systemic poverty and climate change.

Innovative leaps require self-efficacy and techno-optimism.

When imagining future utopias, many people commit errors of “linear overestimation.” For example, in the 1950s, people imagined a future that was a continuation of existing technology, overestimating the role of the automobile, with visions of flying cars. Likewise, today, visions of the future tend to highlight humanity’s current fixations, such as artificial intelligence. Perhaps you imagine a dystopian world in which Machiavellian robots oppress humans, or you imagine benevolent superintelligent AI robots will help you with your everyday tasks. In reality, nobody can predict the path technological development will take with certainty. Humanity could see radical innovations in areas such as quantum computing, genetic engineering and synthetic biology.

“Our descendants should have an even better life than we do. To accomplish this, we have to be optimistic and set out for a leap over the brink of utopia to make the world greener, healthier and wealthier.”

There’s an urgent need to embrace techno-optimism. As Jonas Salk, the immunologist who developed the inactive polio vaccine, argued, innovation must help those living today “be good ancestors.” Developing collective “self-efficacy” – self-belief – is also a vital component of breakthrough innovation. Those working in the public education system have a responsibility to instill an ethos of curiosity and continuous learning in children, ensuring the innovators who will take tomorrow’s leaps possess the ability to see possibility where others see impossibility.

About the Authors

Thomas Ramge is the author of 20 books on technology, innovation and transformation, and the winner of numerous awards, including the getAbstract International Book Award, the Axiom Business Book Award and the Best Business Book Award on Innovation and Technology. Rafael Laguna de la Vera is an open-source pioneer and open-internet advocate who has worked with companies such as SUSE Linux and Open-Xchange. He is also the founding director of the Federal Agency for Disruptive Innovation (SPRIND).

The post Summary to On the Brink of Utopia Reinventing Innovation to Solve the World’s Largest Problems by Rafael Laguna de la Vera and Thomas Ramge appeared first on Paminy - Summary and Review for Book, Article, Video, Podcast.



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Summary to On the Brink of Utopia Reinventing Innovation to Solve the World’s Largest Problems by Rafael Laguna de la Vera and Thomas Ramge

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