Universities Reinforcing a Moral Code

As more companies come to light in the crypto space, it’s important for them to remain nimble, fast and decentralized – after all, that’s their whole business model. But recent examples of companies like trading platform FTX are making consumers ask an age-old question: Do they have a moral compass? And if so, who regulates that?

Simon Mak, professor at Southern Methodist University in Dallas, TX, is one of those individuals asking this question. He begs the question of not only does this moral compass exist, but how do we teach the next generation to maintain it as technology increases.

Simon’s Thoughts:

“A company like FTX and Theranos and Enron and Bernie Madoff can never get to being weapons of mass destruction without the help of a whole ecosystem of non-techy people, equally greedy and equally pursuing wealth without regard to society. So here we are. Society has a problem. We have a problem. Have we lost our moral compass?

And what role does universities like MIT, and like SMU, my institution, have in reinforcing a moral code, specifically in our engineering schools and business schools where we’re teaching students tools and concepts that can really help society or destroy society?”

Written by Michael Boyer

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