Inefficiency can bankrupt companies and affect the average person’s bottom line. The best and brightest in business understand this and strive to correct those discrepancies. In the competitive world of industry and technology, time and money wasted due to lack of connectivity can lead to loss of profit and mounting expenses. Jed McCaleb the leader of technical development at a company he co-founded, Stellar, has recognized problems that instead of bolster economic growth, stymie it. Through his support by facilitating technology that will open digital financial gateways to better the lives of many, he demonstrates his drive to provide sustainable solutions.
Keeping the Money Flowing
How can people complete financial transactions without a bank account? How can one transfer needed funds to a family member or friend without incurring astronomical expenses? These thoughtful eye-opening questions may be what Jed McCaleb has asked himself or others. And having that insightful, inquisitive mind is imperative to becoming a successful entrepreneur. Innovation is key. Technology is swiftly turning negative issues into positive opportunities for progress. Using open-source software, Jed McCaleb has provided everyday people with the tools of financial literacy digitally to lower their expenditures and encourage them to become a larger part of their economy. Mr. McCaleb’s charitable efforts bring diverse groups of people, impacted by a weak and misguided infrastructure, the benefits they need to succeed.
Non-Profit to World-Changing
The proverbial “ceiling” of success in artificial intelligence in technology has no limit. In fact, while its potential soars, businessmen like Jed McCaleb see the earth-shattering triumphs it can bring to countless lives. Donating to the non-profit MIRI (Machine Intelligence Research Institute)this high-tech organization is resolved to develop tools to regulate and create oversight ensuring artificial intelligence stays on the right path. As Jed McCaleb said: “It doesn’t matter how “productive” you are if you are building toward the wrong goal.” He shows the world that risk is a part of a business, but so is the need to put safeguards in place to ensure the best outcome. His central focus is a “stellar” example of truly genuine business acuity.