Tag Archives: capitalism

Kickstarter-funded projects at CES

The Verge has a long write-up about the Kickstarter-funded projects exhibited at CES. The new prevalence of Kickstarter-funded tech ventures might show us a model of how the path of technological progress — especially for consumer products — might become more democratic.

If you don’t know about Kickstarter, here is the basic idea: Someone has a project in mind but not enough money to do it. For example, maybe the project would cost $50,000. The person starts a Kickstarter project and asks for support. People pledge monetary support, but they only have to pay if enough other people pledge so that the project reaches its threshold, in this case $50,000. A benefit of this system is that it is safer for donors. They are less likely to end up spedning money on a project that never even gets rolling.

In the article, some of the projects in question were high tech “smart” watches, mobile phone accessories, Bluetooth-enabled stickers (for locating easily lost items), and an electric skateboard.

It seems that these new Kickstarter-funded projects will result in a wider array of available products. This means there will be more possible paths along which technology can evolve. Furthermore, the paths will be more often chosen according to the actual needs of consumers, instead of just whatever the large tech companies think they can sell. A consequence of this will likely be happier consumers. This makes Kickstarter a positive development from a utilitarian perspective.

Also, Kickstarter gives innovative people an opportunity to make money by working creatively on their own projects. That means they are less dependent for their personal income on large companies, organizations, or governments that decide what projects developers and engineers are to work on. This seems positive from the perspective of Kantian ethics. Kickstarter allows gives people autonomy and allows them to have work where they are not treated as mere means to someone else’s ends.