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i4j Menlo Park: Jerry Michalski

“…we are entering an economy of relationships where we need trust and authentic relationships.”

Jerry Michalski, Founder, Relationship Economy eXpedition (REX)

  • Founder of REX (Relationship Economy eXpedition)
  • Consumer mass market capitalism is not working
    • 2008 financial crisis
    • Resource limits
  • The next system is an economy of relationships
    • Need for trust and authentic relationships
    • Sharing economy is a subset of the trust culture
    • Compulsory education system exemplifies a design based on mistrust specifically in the intellectual curiosity of young people
  • Industries need consider the effects of the relationship economy

#REX #ConsumerMassMarketCapitalism #RelationshipEconomy #SharingEconomy

Summary by Darius Mianji

Posted in

David Nordfors

David Nordfors is CEO and co-founder of IIIJ and the chair of the i4j Summit. He was previously co-founder and Executive Director of the Center for Innovation and Communication at Stanford University. He was one of the World Economic Forum Innovation 100 in 2009, and has served on WEF Global Agenda Councils. He serves on advisory boards of the Poynter Institute, Discern Investment Analytics and Black & Veatch. He is an adjunct professor at IDC Herzliya in Israel, a visiting professor at Tallinn University, the Tecnologico de Monterrey, and the Deutsche Welle Akademie. He was advisor to the Director General at VINNOVA, the Swedish Agency for Innovation Systems, where he co-initiated the national Swedish Incubator System and set up a bi-national R&D fund between Sweden and Israel for mobile applications. He was Director of Research Funding of the Knowledge Foundation, KK-stiftelsen, administering an endowment of $300MUSD, building a funding framework underwriting over a hundred innovation initiatives between universities and industry. He initiated and headed the first hearing about the Internet to be held by the Swedish Parliament. He has a Ph.D. in physics from the Uppsala University and did his postdoc in Theoretical Chemistry in Heidelberg, Germany.