Monday, November 24, 2014

Technology investments for Ukraine

What types of technology investments would most benefit Ukrainian society?  Military?  Social media?  Smart energy?  As a man of peace, I will focus on the latter two in this post.

Social, or "new" media could play a big role in reducing corruption.  Websites like expose lazy professors in the United States and Canada.  Perhaps a Ukrainian variant could expose corruption in higher education?  In India, users of the website have documented millions of rupees worth of bribes.

Ukraine would also benefit from smarter energy infrastructure.  When I lived in Kyiv in 1996, we had no control over our thermostat; we literally had to wait until the central authorities turned on the city's heat.  Sometimes I would see our neighbors leave their window open in the winter, presumably because the apartment was too hot and they couldn't cool it down any other way.  Given this legacy of centralization in energy infrastructure, it would therefore seem that Ukraine's energy tech start-ups could produce large gains for society.  Obviously, Ukraine has good reason to reduce its reliance on Russian gas.

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  1. The country can also invest in technology and make its education available to its masses with an online portal. Individuals can earn Fast Bachelors Degree which can help them get the expertise they need.

  2. I definitely believe that before the Ukraine invests in human capital, it should invest in its its overall infrastructure. In order to teach children, a proper school with the proper facilities needs to be made. Children are the future of Ukraine, and if money isn't being spent on them wisely, Ukraine isn't looking at the bigger picture. So an overall improvement in infrastructure is needed. I've seen not just schools, but roads, restrooms, highways, and much more need to be improved. After establishing the basic groundwork, then the Ukraine can go on to to focus on these smart technologies such as social media, online education, and smarter energy infrastructure.

    For example, the United States government definitely has established that basic groundwork. Now it does on to improve our education system. Students have established and mastered social media. Our schools have air conditioning at the bare minimum so thats always a plus. The Ukraine needs to set out and seek this example. This will definitely be the smartest investment choice and lead the Ukraine where it needs to be.