How Might We Get Companies To Be Honest?
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In This Episode
If aliens came to earth post-armageddon, they wouldn’t find much, but they would find a sh*t ton of plastic! Join Nick & Elijah for 1 hour as we explore possible tech solutions to environmentally destructive behavior by big business and the dishonest greenwashing that comes with it.
Companies these days make promises about producing less waste and pollution, but the reality is nobody is really holding them accountable. That’s one reason they can continue to pump out masses of single-use junk that ends up in the earth that we eat, drink, and live from.
Tune in to hear a number of cool ways that we could use (mostly web3) technology to stop corporate hoodwinking, give more power back to citizens, and create an honest capitalism that maximizes value to the environment and all humans, not just shareholder pockets. Featuring names like Nike, Adidas, Kanye West, Uber, and the government of Singapore.
Highlights
00:00 - How our collective behaviors are optimizing for a worse climate future, with origins in the industrial revolution
02:35 - How the creation of capitalism has saved humanity from lots of war and bloodshed but is also at the root of our collective destruction of the planet
04:07 - Evolving the capitalistic system to make it more in tune with the planet
06:15 - Mass production of single use junk and the dirty truth about recycling
11:30 - Plastic production is anonymous and how tech can be used to hold offenders accountable
14:50 - Billionaires building doomsday bunkers vs helping to change collective practices for the better
17:46 - Ideas for how we might bring more awareness to the consequences of our actions as consumers
22:23 - Governments vs companies vs consumers - which is the highest impact area to focus?
24:50 - The need to wake up and rise above restrictions we've made as nations
28:36 - How network state technology offers a viable path to citizen governance
32:48 - Idea: Public scoreboard of corporate promises - Nike now issues NFTs for every sneaker produced & how the same tech can make companies stick to their CSR commitments
36:19 - Idea: How to lead the way as a nation in the networked era e.g. Singapore
38:54 - Idea: Corporate challenges where companies put money behind their CSR commitments and automatically pay out cash to a good cause if they fail
45:55 - Idea: a DAO that compensates Yeezy to audit and verify the production of Nike sneakers
51:14 - How it will soon be weird that a company doesn’t track production on-chain just like how it feels weird to use a taxi cab since Uber
Design Solutions
In this episode, we formulated a new way to hold companies accountable for their impact on the planet.
The Problem
Background
Key insights
The Solution
Overview
Key Features
Design Principles
Design Inspo
MVP Concept
Next Steps
What's needed
If aliens came to earth post-armageddon, they wouldn’t find much, but they would find a sh*t ton of plastic! Join Nick & Elijah for 1 hour as we explore possible tech solutions to environmentally destructive behavior by big business and the dishonest greenwashing that comes with it.
Companies these days make promises about producing less waste and pollution, but the reality is nobody is really holding them accountable. That’s one reason they can continue to pump out masses of single-use junk that ends up in the earth that we eat, drink, and live from.
Tune in to hear a number of cool ways that we could use (mostly web3) technology to stop corporate hoodwinking, give more power back to citizens, and create an honest capitalism that maximizes value to the environment and all humans, not just shareholder pockets. Featuring names like Nike, Adidas, Kanye West, Uber, and the government of Singapore.
