The theoretical concept underpinning Project Everest’s operations is that we live in an abundant world whilst the 4 billion people globally living on less than $5/day, on the bottom of the pyramid, face an inability to access these resources.
For example, lack of access to clean drinking water and sanitation is the #1 global risk based on impact to society (as a measure of devastation), as announced by the World Economic Forum in January 2015. (World Economic Forum, 2015, Global Risks 2015 Report). Water-related diseases affect more than 1.5 billion people every year and every 90 seconds a child dies from a water borne disease. (World Health Organisation and UNICEF Joint Monitoring Programme (JMP), 2015 Progress on Drinking Water and Sanitation, 2015 Update and MDG Assessment.)
At the same time water is one of the most abundant resources on earth as it covers 70% of the earth’s surface. However, 97.5% of the water on earth is salt and the vast majority of the fresh water is used in agricultural processes. There is currently enough water in the atmosphere to ensure every person on the planet can drink clean drinking water. The issue here is access and our ability to access clean drinking water from salt water or the atmosphere comes down to a technological challenge.
The conclusion, and the theory that underpins Project Everest, is that the bridge between the problems the developing world faces and the actualisation of an abundant word is technology.
Technology can come in the form of incremental change and through exponential change. To deliver our outcomes at scale Project Everest seeks to invest in exponential technologies with the aim of delivering exponential outcomes. Exponential technologies go through the following six phases:
- Digitised – the technology, product, service or resource is digitised versus its analog equivalent
- Deceptive – during this stage the digitised technology is doubling annually but off such a tiny base that the market doesn’t even acknowledge it’s existence
- Disruptive – seemingly out of nowhere the technology continues its same growth path but now is able to compete with the original offering and very quickly destroys or re-defines the entire industry
- Dematerialised – the original offering loses its physical form
- Demonetised – the cost of production reduces so significantly that it becomes free or it is perceived to be a cost of little significance
- Democratised – the offering is available to everyone as a result of this process
Given the implicit final stages of this process it is the intent of Project Everest to enable socially beneficial products and services to evolve through the exponential technological process and ultimately become ‘democratised’ and thus, accessible to those in the bottom of the pyramid.
The practical investment in this process is through it’s people and a framework that crosses all personnel within the organisation. Community members upskill themselves personally and professionally in order to effect change in developing countries. The key areas we are focusing on can be broken down into the following streams:
- Artificial intelligence
- Predictive analytics
- Software/App development
- Nanomaterials & Nanotechnology
- Digital Manufacturing
- Infinite (Cognitive & Machine) computing
- Networks & Sensors (internet of things)
- Synthetic Biology (Biotech & Biofuels)
It is within these areas that Project Everest believes there are future scalable solutions to solve the world’s global social challenges mainly because they are all digital subject matters that have far reaching applications.
Our framework on training and delivery is currently being devised and will change the way Project Everest drives this change. Keep updated through our website, Facebook and our Basecamp.
Using cognitive computing technology, FarmEd aims to a special kind of “natural language chatbots” with libraries of agricultural knowledge to answer a myriad of questions relating to farming.
Trekkers in Cambodia conducting research concerning parts of the web-app in the field.
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