Delhi: Day two
Doors of Perception is an interesting conference, and the focus on sustainable development and social innovation - partly in the context of developing countries - is an interesting one.
During the day I probably saw ten presentations, but the ones I remember best is the last tree ones. Tony Salvador gave an excellent presentation on Intel's work on getting their technology to new customer segments in developing and newly industrialized countries. The work often meant innovating new and local business models.
Prof. Dr. Margrit Kennedy, a world authority on alternative economic initiatives (local currencies, interest-free money et c) explained a lot of the basics of her work, which was very interesting. Surely it would be nice to move our house loans to an interest-free one. Basically, the interest-free loans means not giving interest to the bank, but sharing it amongst the people. Considering that Föreningssparbanken, which is just one of several large Swedish banks, made a profit of 12 billion SKr during 2004 and 10 billion during 2003, one can understand that the loans business is hugely profitable. She mentioned the Swedish bank JAK as the best example of that interest free savings and loans actually works in practice. I wonder why I haven't heard about it before?
The last presentation was held by Sunil Abraham, who gave a hilarious speech on free software and commonism. Things are really moving in the IPR area, and it is definitely not only in Sweden. The day ended with a great party - we had a lot of fun. Looking forward to tomorrow!