Arduino & RepRap - Creating Wealth by Giving it Away: ICED11 Mechatronics Keynote

Research output: Non-textual formSound/Visual production (digital) – Annual report year: 2011Research

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Because it is sometimes possible to convert one into the other, money and wealth are often confused. But they are distinct: money is pieces of paper or numbers in a computer; wealth is corn to make bread, or a motor car. Both money and wealth grow as time advances: growth in money is inflation, growth in wealth is longevity and prosperity. Is it possible to grow wealth independently of money? This talk will be from Adrian Bowyer - creator of RepRap, the open-source replicating 3D printer - and from David Cuartielles - creator of Arduino, the open-source microcontroller. Both projects have founded significant and growing industries - and hence significant and growing wealth - by giving away all the data required to build RepRaps and Arduinos completely free. They have also short-circuited most conventional industrial infrastructure by placing the ability to create wealth directly in the hands of private individuals. The presenters contend that this is the way of the future: companies, and - more importantly - those private individuals will be giving away their primary products and making a living on the sideline activities that such donations attract. Software has been heading in that direction for decades. Now hardware is following.
Original languageEnglish
Publication date2011
Place of PublicationDTU
Publication statusPublished - 2011

Bibliographical note

In series: Proceedings of ICED11

    Research areas

  • Innovation, PD methods, Design, Lifecycle, Product development

ID: 5898652