In a recent Roundtable on Creative Capitalism hosted by TIME, CK Prahalad, author of "The Fortune at the Bottom of the Pyramid" brings to our attention the insight that "the essence of poverty is the assymetry of information" and that this asymmetry was now changing due to the availability and affordability of mobile phones in developing nations. Jeffery Sachs supports him by pointing out that the digital divide was being closed by market forces not civic efforts. Global leader Nokia has already leapt into the breach by opening a Research Center in Nairobi, Kenya in order to develop concepts and products that are of value and relevance for those at the Base of the Pyarmid. The ubiquitious little cellphone has now been spotlighted as a key tool for poverty alleviation, although the debate continues. [previously]
posted by infini on Aug 27, 2008 - 57 comments