Rey Faustino
Fellow, 麻豆果冻传媒 CA
What do you think of when you hear the term 鈥渟afety net?鈥
Maybe it conjures the image of a tightrope walker, and the web of netting beneath them. It鈥檚 this netting that allows these aerial artists the freedom to perform, even from such risky heights.
For other people, 鈥渟afety net鈥 might evoke the nets that firefighters place beneath burning buildings. These nets are insurance for the worst case scenario, for the fires that burn too fast for rescue, for people whose only escape is to jump.
As humans we do a lot of falling. As soon as we learn to walk we begin collecting bumped heads and skinned knees. As we get older the falls change, as do their repercussions. For some of us a fall might be the new venture we throw ourselves into but that never quite gets its wings. For others of us it is the health emergency that drains our bank accounts, or the eviction in the tightest of housing markets.
When we fall– because we all do– the question is: what will be there to catch us? Our savings accounts, or those of our family members? What catches those of us who have neither of these things? When we fall, the question is: do we deserve to be caught?
These were the issues we wrestled with at 鈥Tech for the Safety Net,鈥 a discussion in which Rey Faustino and shared their thoughts about the future of the social safety net, and the role that technology has to play in supporting it. Key topics included:
The panelists wrapped the conversation with calls to action. For tech executives: to engage in discussions and actions that support safety net innovation, so that community members can thrive and so tech leaders themselves can stem the increasing backlash against their companies. For interested community members: to assess who is missing from conversations about the safety net, and to pull those people in as co-creators of solutions.
Our social safety net is supposed to provide a minimum baseline of survival beyond which people cannot drop. There is much work to do to bring our current reality into alignment with that aspiration. But imagine even one step better: building a safety net so robust that it serves as a trampoline, allowing people to bounce back up and out of poverty. The 鈥渇ail fast, fail often鈥 mentality that has fueled so many Silicon Valley startups is often available only to those with their own personal safety nets — the wealth, networks, and social insurance to bounce back after a potential fall. Imagine how many more entrepreneurs would take risks if everyone knew they were guaranteed a path back to safety when they needed it.
Want more? Click to listen to our conversation with Rey and Nicolas, moderated by 麻豆果冻传媒 CA Director Autumn McDonald.