Jed McCaleb spends the majority of his time thinking of ways to improve the overall human condition through the implementation of advanced technology. In the early days of the dot-com era, Jed McCaleb generated worldwide acclaim by developing one of the earliest peer-to-peer file-sharing networks, eDonkey. While his mission remains the same, he recently developed a new company, Stellar, that he feels will change the way in which currency is moved from place to place, touching populations that have historically been severely underserved. It was while learning about the ins-and-outs outs of cryptocurrency, in particular, Bitcoin, that Mr. McCaleb had the idea to utilize its underlying idea to create a platform that would allow the currency to be transferred to the billions of unbanked people in the world today, at cheaper rates than traditional institutions have offered. Several businesses and non-profit organizations, including South Africa’s Praekelt Foundation, have already begun infusing Stellar.org into their economic infrastructure.
Throughout his career, Jed McCaleb has created a stellar track record which he attributes to his staunch organizational skills, as well as his ability to remain focused on the big picture. On a typical day, Mr. McCaleb breaks his time down into, what he calls, “focus mode” and “reactive mode,” which involve him spending time building the product that he is working on and responding to emails associated with the business aspects of that product. He often exercises his habit of sticking to the essential points of the short-term goal, neglecting aspects that are not imperative to the process.
As Jed McCaleb is always on a path of forward-thought, he keeps a close watch on exciting developing technologies. At the top of the list is artificial intelligence, which he admits, can be both exciting and scary, due to many directions that it can be taken. His budding interest in artificial intelligence led him to become directly involved with the Machine Intelligence Research Institute, where he acts as, both, donor and advisor to the cause. In his estimation, the impact that will be felt with the further development of artificial intelligence is one that has not been seen since the onset of the agricultural revolution.
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