Community capitalism, with Alex Pentland

Community capitalism

Alex ‘Sandy’ Pentland

MIT’82 Doctorate
Toshiba Professor of Media Arts and Sciences
Director of the Media Lab Entrepreneurship Program

There is a general feeling that our social systems are not working very well, and we need to rethink both our political and financial economic systems. Professor Pentland will argue that the key ideas are captured by quotes from Thomas Piketty: “There is nothing wrong with getting large returns on capital, the problem is, capital is in too few hands”; Malcom X: “No one can give you freedom, you must take it”; and Xi Jinping: “Whoever has the data has the initiativeâ€. Taken together, they involve a new type of political and economic system that Professor Pentland calls “community capitalism”. Surprisingly, it doesn’t take huge sums of money or political will to switch to this new type of community system – above all, you have to understand that uniformity is the enemy of diversity, innovation and diversity. ‘efficiency.

For registration click HERE.

This program is administered by the MIT Club of Washington DC.

Alex ‘Sandy’ Pentland, professor of media arts and sciences at the MIT Media Lab (online biography), sits on the board of directors of the United Nations Global Partnership for Sustainable Development Data and was previously a member of the boards of directors of the ‘American Bar Association, from Google and elsewhere. He has been a discussion moderator for the World Economic Forum, the World Leadership Alliance / Club de Madrid, and has been invited to both EU Presidency and G20 meetings. He is a member of the National Academies of the United States and one of the most cited computer scientists in the world.