Dak
mentat
To talk about this a bit more, TED itself is a money-making machine; it charges its subscribers something like $1000 per year. I always face a certain internal conflict when confronted by institutions like TED or the Singularity University, and similar programs.
On the one hand, I love the fact that there are institutions devoted to scientific and technological development, and the absolution of potential global catastrophes.
On the other hand, it frustrates me that such institutions only serve to widen the gap of intellectual segregation. The knowledge and information they deal in adopts an esoteric and elite status because it's reserved for the minority that can afford it. Thus, in contradiction to their proposed goals, they're actually perpetuating global inequality and mass ignorance by isolating new developments and information to an elite and erudite few.
That said, with technology continuing to develop the way it is, another internal contradiction arises: even while private institutions like this attempt to socially and financially isolate their advancements, they're also contributing to the vastly expanding field of technology and electronics that is simultaneously enabling the free and unchecked spread of ideas. So that's good, I guess.
At one point, only rich people could own cars. Only rich people could own (Car) wireless phones, computers, etc.
In a free market, "early adopters" are pretty much always going to be the rich, and then as money flows in, markets expand, competitors come in, cost is driven down on scale and competition, and eventually it is available to the masses in ways that only years before even the rich didn't have access too. (Look at smart phones for instance).
However, once an item is mandated for everyone, it generally ceases innovation, for there is no longer need for market expansion or competition.
The problem comes in when the ability to fail/succeed is removed. Then you wind up with permanent classes/underclasses, and the knowledge/skill divide becomes exacerbated and endemic.