On greed and innovation
Last week, Howard “Smart Mobs” Rheingold came to give a talk here at Made by Many. It was a fascinating look at how smart mobs have functioned when given tools that are largely outside the authorities’ control, and some future gazing on how these phenomena might evolve over the medium term.
I don’t want to talk about smart mobs here, but rather to focus on one, perhaps throwaway, line that Howard used:
Greed helps innovation. Fear prevents it.
Aside from the rather unpleasant echo of Gordon Gekko which turned my stomach a little, my first reaction was that this is mistaken. I’ve given it some more thought and I’m even more convinced that greed is not the prime motivating force for innovation.
