Thursday, January 13, 2011

Charity Reinvented: Disruptive approach to philanthropy - The Economic Times

Charity Reinvented: Disruptive approach to philanthropy - The Economic Times: "Thiel, in December 2010, invited some of the wealthiest in the US and presented to them some of the world’s brightest minds and innovative nonprofit initiatives. The meet was titled: ‘Breakthrough Philanthropy: Giant leaps for Humankind.’

Issues from artificial intelligence, biotech, medicine, and new markets were debated. Patri, on the occasion, pitched his ‘country’ as perhaps the world’s first trillion dollar business. “Traditional philanthropy tends to deliver well-established solutions to more people, but the world also needs philanthropy that looks to the future, creating radical innovations,” says Thiel."

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