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4 New Technologies That Can Help End Poverty

Technologies that can help end povertyDespite gloomy predictions for the future among pessimists, humanity develops the tools for a brighter tomorrow. At the Lisbon Web Summit on November 6, 2017, physicist Stephen Hawking discussed the pros and cons of artificial intelligence. Though Hawking is aware of how new technologies threaten jobs, he also believes that such advances can alleviate disease, global warming and poverty. Artificial intelligence isn’t the only gadget in development. Here are four technologies that can help end poverty, provided they’re used the right way.

  1. Blockchain
    Blockchain records transactions made in cryptocurrency, such as Bitcoin. These ledgers are publicly available. Brian Singer, a William Blair partner, predicted in 2015 that access to a cheap and transparent payment system through Blockchain would serve emerging markets well. How have Bitcoin and Blockchain helped the world so far? By allowing a transparent ledger, Blockchain prevents falsified land deeds from stealing the land of small farmers. With no need for a physical building, Blockchain can save foreign aid money; through the data provided, Blockchain can optimize a developing economy. Cryptocurrency provides a small, but significant, step in helping impoverished people begin their own businesses.
  2. Smart Survey boxes
    The World Bank reported how Smart Survey boxes in Tajikistan monitor energy usage. These boxes collect data on energy quality and power outages. At first glance, Smart Survey boxes seem an unlikely candidate for technologies that can help end poverty. But having the right data in a crisis ensures that the right cure can be provided. Automated information collection leaves little room for human error and little reason to put volunteers in unsafe areas.Utz Pape, a World Bank economist, summarizes the impact of data collection on poverty: “It can help improve data quality of existing surveys, it can help to increase the frequency of data collection to complement traditional household surveys, and can also… improve our understanding of people’s behaviors.”
  3. Genetically Modified Crops
    The use of genetically modified organisms (GMOs) in farming has led to fiery debated in the past decade. But the results are clear. Using seeds designed to resist pests and herbicides, GMOs led to more yields, fewer applications of pesticides, and more profits for farmers, according to a study by Penn State. Stephen Hawking warned about the careless application of technology, and GMOs are no exception. The impact of GMOs on other organisms has not been well documented. But when Penn State concludes that “The technology may be more appropriate for farmers that have difficulty spraying pesticides and herbicides,” it’s easy to see how developing nations benefit from the invention.
  4. Video Games
    Though considered fun distractions in America, video games have immense teaching potential. The United Nations described an initiative in India that taught English to children through mobile phone games. A similar project, in Somalia, taught money management skills to young Somali women. The Somali mobile game project boosted job training and placement for 8,000 people, both male and female, by 2015.

All these inventions— cryptocurrency, data collection, GMOs, and video games— destroyed the world in countless science fiction novels. In the real world, they’re technologies that can help end poverty.

In some ways, the brighter tomorrow has already arrived.

– Nick Edinger

Photo: Flickr