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Using Technology to Solve the Debt Crisis

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    Stanford University Professor Ashish Goel and former Google executive Narayanan Shivakumar on how technology can help reach consensus on major issues.

  • Duration 4:10
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Here's a question for you ten technology solve our debt crisis and new website is giving it a try asking the public.

-- IDS to tackle our nation's debt troubles joining me now.

Are the careers of a website called wide scope former Google executive.

Ryan and civic Kumar and -- -- fastener.

As she should go well thank you gentlemen for joining me today.

I think you're fine thanks how things -- as she's telling us start with you know that you are way if that's Stanford well was sort Hyundai Genesis for this idea and why did you decide.

To create this website in and bring it would be yet the power to the people to solve.

Our nation's debt troubles.

So what Sheila and I like parking at I don't this -- -- And really bothered by the California budget math and one realized was that -- bid became fairly passionate about -- issues.

And they like data and interested in seeing bank bad big picture and -- -- what if you could make a left side this forces people that can come on bank Baghdad which have been in Dublin budget.

And that was one impetus making people to come up with a complete solution a big problem.

Not hampered us was that every time even online beef on that there was significant put on aviation.

For example there's no way you can going talk about -- budget issue was on a Bausch and again managed but I'm getting into a big fight.

And what we've talked wasn't what it would it'd be -- of the electric bill goes too loose which it actually had people come to consensus as opposed to fight He says.

And that's how -- -- Orion and came in He is up former Google executive so explain how you decided that technology could be.

And interesting stakes in a way to bridge all of these ideas together.

Yeah we already technologists so be a -- and looking at how can technology be is a -- a lot of problems.

If you look at me the power of social networks that they've actually gone as a lot lot of us together -- friends and family because had a common.

Not common that you could communicate -- really curious to what -- -- basic building blocks to its you could have people get together and solve these larger issues.

And so at a minimum we think be the building blocks out things like you know Chad data check discussion pension proposals.

And that's always how to do it and that's why we launched the website pretty recently and do you want to send.

From the other thousands of people who have been playing of the site.

As to what the their key proposals they wanna push on.

Do to me progress in this -- -- conversation.

As she have -- -- any interesting ideas that came around that had not ever been considered before.

No actually in fact not fun S the biggest revelation has been Holland out of the defense is not making people.

So what happens is if you if you have one of the social conscience and you know more and tailor social entitlement Goldman's.

-- I mean -- against cutting many can't.

And I feel more in favor of fiscal responsibility.

You might be more than they -- -- keeping taxes -- And when these announcing an issue with the united people in allies but -- -- fondness.

But as the biggest insight and the biggest demolition has and then they put a -- Democrat and Republican in the same room on the stolen.

Did quite often end up coming to consensus and their -- -- actually good and bad what it is on the finalists.

-- ringing -- hands and get we need to get this tool to Washington to build some consent says.

What is the ultimate goal with this website before we let you go are you trying to make money are you trying to spark ideas is Washington watching at all.

Yeah this is the go to is not there were demand money gathered to go to is -- to.

For us for -- -- does -- want to understand deciding point what -- the different proposals what they look like how did -- compare with each other.

So if it actually helps us and I can help thousands of people.

And you know that's really what the project come send this idea that can be easily launched a thousand people can actually be what can actually work with -- to be able to.

I've -- Santiago as she should go well and not Ryan mentioned a commodity traders of whites dopey went to check out the website and play with the nation's.

Deficit issue yourself go to wide scope dot Stanford dot EBO.

Detected that today was pretty fun interesting and I interesting website thank you gentlemen for joining us today.

Thank.