All Time High Thiago Alvarez and finance innovation to fight inequality
Dec 16, 2021
Thiago Alvares, a fintech entrepreneur and founder of Guia Bolso, has been pivotal in advancing open banking in Brazil. He discusses how centralization in cities like São Paulo hinders regional growth and highlights the interplay between information access and misinformation. Thiago emphasizes the need for innovative regulation to promote competition and advocates for algorithm marketplaces to combat tech addiction. He also views money as a mechanism of trust and voting power, underscoring the importance of unbiased financial tools to tackle inequality.
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From Public Policy Roots To Startup Life
- Thiago grew up in Brasilia and later moved to São Paulo to pursue business opportunities and impact.
- His parents' public-sector backgrounds led him to early work in social programs before switching to McKinsey and startups.
Hubs Can Become Black Holes
- São Paulo acted like a 'black hole' concentrating talent, capital, and infrastructure and stunting regional development.
- The pandemic may decentralize jobs and let smaller cities grow tech ecosystems remotely.
More Information, More Visibility
- We have more access to information but also more visible suffering and misinformation, changing how we perceive progress.
- Decentralized media exposes problems while platforms like YouTube enable deep, long-form learning unavailable before.
