Microfinance: Cutting Edge Like Clean Tech, Bio Tech, Nano Tech

Image via WikipediaMicrofinance: A Zero Trillion Dollar Industry
Microfinance, Nanotech, Biotech, Software/Hardware/Connectivity
Vinod Khosla's Green Tech Sweep

I put microfinance in the same league as the sectors touted as the next big things: clean tech, bio tech, nano tech. People in the industry keep referring to the challenges in the last mile. When it is time to dole out the money, it gets complicated.

Web tech is relevant to all these emerging sectors. You are going to need specific kinds of software for specific tasks in nano tech, for example, although many generic web tech stuff will do just fine. The big minds in nano tech will still be on Facebook and Twitter, will they not?

Learning The Wrong Lessons From Wikileaks

Image via WikipediaVint Cerf: Chief Internet Evangelist: Google: Governments shouldn’t have a monopoly on Internet governance: Gooble Public Policy Blog

The beauty of the Internet is that it’s not controlled by any one group. Its governance is bottoms-up .... the UN Committee on Science and Technology announced that only governments would be able to sit on a working group set up to examine improvements to the IGF—one of the Internet’s most important discussion forums .... we don’t believe governments should be allowed to grant themselves a monopoly on Internet governance. The current bottoms-up, open approach works—protecting users from vested interests and enabling rapid innovation. Let’s fight to keep it that way.

This issue is kind of like net neutrality, it is kind of like free speech. Like some Iranian authorities like to say, we are for people speaking freely, but the free speech should be in moderation. Either there is free speech, or there is no free speech. You take away net neutrality and the web has become cable television.