"It's
cool when geeks develop for geeks but it's even cooler
if geeks develop for humans in need.” –
how pattern recognition can be used in better ways than
for missiles and why tech geeks have lots of fun working
for social change.
James
R. Fruchterman, President & CEO, Benetech,
Palo Alto, California, USA
When
you think of computer geeks and Silicon Valley comes
to your mind, you are quite close. The good thing is
that
as a computer and technology fan you can still choose
what you use your skills for. For example you can help
solve some serious human problems, like Jim Fruchterman.
This is even becoming a trend!
Jim did not use his rare, leading-edge pattern recognition
skills to produce the next generation of missile targeting
systems for NASA, like most of his colleagues, but he
decided to develop a sophisticated reading machine for
the blind. At that point it was about professional challenge
and a personal idea. The company based
on the machines turned out to be successful and, combined
with other professional assignments, financially allowed
Jim to try more ideas. Jim explains one of them: “Martus,
a software we developed, captures stories of people
in countries where they tend to be harmed or disappear.
These stories get encrypted, emailed and stored on a
server outside of the country. We also created a “who
did what to whom” database that makes finding
justice much easier.”
More and more geeks like Jim himself want to join the
projects
supported by Benetech, a socially oriented tech company
that he founded to launch more technology projects that
have a positive impact and that would not be financed
by classical VC’s expecting huge markets and high
returns. Jim doesn’t get his satisfaction from
making millions of dollars but from helping millions
of people. And the great thing is that he still does
what he loves – technology.
Enjoy Jim’s selected thoughts
and statements from our discussion in the following
lines. You may be able to read more about his geeky
work in our book “MyImpact”.
James Fruchterman’s selected quotations:
"We used to work a lot with optical pattern recognition.
I thought we could use this technology to read books
to blind people. Not that I knew any of them; it was
just the one idea that I had in college."
"Today I have more ideas than when
I was young. I want to use the power of technology to
solve big issues that we have in this world. In a way
we cheat for a good purpose; we talk to our friends
in Silicon Valley and know early what's coming next
that could be useful in the social area."
"My kids understood for the first
time what I was doing when I started making the reading
machines for the blind. - Oh, that's cool; it's a machine
that can read to a blind person! - they said."
"When it came to future decisions
I asked my wife whether I should continue to make even
more money or whether she did not mind if I did the
nonprofit thing. Luckily she agreed with my preference."
"Most social sector organizations
are lagging in terms of technology 2-20 years behind
mainstream business. Technology can make their work
much easier and much more productive, and that's where
we come in."
"Don't stop innovation just because
you don't see enough market for it."
"When I was at the elite schools
the only satisfaction I could imagine would be coming
from the realization of my one idea or innovation. I
was just thinking whether it will be in science, a Nobel
price, some other destiny. Today, it makes me feel great
to know that someone went through school because of
my piece of technology."
"Most of our employees come from
business, they can practice their profession and passion,
and they get this extra thing on top. It's cool and
meaningful."
"In 2000 I sold the reading machine
business and invested the money in the Bookshare.org
platform for blind. The idea came from my son playing
with the son of a neighbour, the then-CEO of Napster.
I thought that blind people should be able to share
books that they already scanned just like young people
shared music files."
"We need to make sure that being
socially responsible is an unavoidable thing in business."
"The same thing that makes technology
good for making money makes it good for helping the
world."
"Many techies that come in touch
with us think - oh, cool! I've got skills that can be
used to help society. They enjoy thinking about meaningful
things."
"In terms of social entrepreneurship
I lived in a vacuum in the 90s. I only heard about the
movement in 1999 from Jed Emerson. Muhammud Yunus's
book about microcredit, Banker to the Poor, became my
inspiration."
"I'm a scout for social applications,
finding exciting technology waiting to be turned into
non-commercial tools for disadvantaged groups."
"What's the social norm for a billionaire?
What do they do? I believe the norm will be going in
the direction of social responsibility."
Some background on James R. Fruchterman:
A highly successful technology entrepreneur, Jim Fruchterman
has been a rocket scientist, founded the foremost optical
character recognition manufacturer (Calera), and developed
a successful line of reading machines. In 1989, he founded
Arkenstone, a non-profit social enterprise, to produce
reading machines for the disabled community based on
the Calera technology. Following the sale of the Arkenstone
product line in 2000, Jim used all of the resulting
capital to found Benetech, with an explicit goal to
use the power of technology to serve humanity.
Jim Fruchterman has also been active in public service,
with two stints on U.S. federal advisory committees.
He was named as an Outstanding Social Entrepreneur 2003
by the Schwab Foundation and also received the Robert
F. Bray Award from the American Council of the Blind
in recognition of his outstanding efforts to make literary
works accessible to people who are blind or visually
impaired. In addition, Jim is a cofounder and director
for RAF Technology, Inc., America's leading high-end
OCR technology company, used by the United States Postal
Service to route the mail.
Some background on Benetech:
The Benetech Initiative is a nonprofit venture that
provides social benefits by harnessing the power of
technology.
It delivers these benefits using the new model of social
entrepreneurship, which combines market forces with
philanthropic capital and entrepreneurial drive. Many
great technologies can easily be applied to social needs,
but the profitability of such efforts rarely meets the
financial expectations of high technology investors.
Benetech specifically pursues endeavors that emphasize
a strong social, rather than financial, rate of return
on investment
in the areas of disability, bridging the digital divide,
education, literacy, human rights, employment of the
disadvantaged, and the prevention of suffering.
Benetech serves as an incubator for socially oriented
technology projects, it provides seed capital for market
and technical feasibility studies, and provides infrastructure
for such ventures. Ideas for projects will most often
come from potential customers, Benetech staff, its advisory
structure, and external inventors and entrepreneurs.
Most projects will operate as divisions under the Benetech
umbrella, realizing significant cost reductions by sharing
a common infrastructure.
Benetech offers a powerful new philanthropic option
to the technological community, providing an outlet
for the positive social intentions of many of its corporate
and individual members. Large donors will find philanthropic
investments that are closer to the venture model, complete
with business plans rather than grant applications.
Active donors will find the opportunity to directly
apply their technology skills to social good, thus leveraging
their investment. Executives will find rewarding interim
opportunities after major career transitions. Professionals
reaching a point in their family lives where they want
to dedicate less than 70 hours per week to their jobs
will find fair compensation with high personal rewards.
Companies will see their technologies applied to exciting,
beneficial applications and will reap marketing and
public relations benefits.
If
you would like to engage with the work of Jim Fruchterman
or get to know more about Benetech please visit http://www.benetech.org,
or, for more specific opportunities, contact joanna.stefanska@myimpact.ch
or wolfgang.hafenmayer@myimpact.ch
directly.
|