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The WIKiD Tools Algorithm

by Dan Robles on August 11, 2010

Once The Value Game is deployed using a generalized Curiosumé for each of the players, the WIKiD Tools Algorithm can measure into existence the intangible value flows that occur naturally in productive communities.  These value flows may me aggregated into financial instruments that would underwrite a modern currency.  

Data, information, Knowledge, Innovation, and Wisdom all occur naturally in communities and the source of all tangible and intangible value.   These are the engines of all human value creation far beyond what can be articulated with “Money”.  To measure WIKiD elements is to measure into existence a great deal of value that is currently invisible.  

The following video demonstrates how the interaction of the 5 WIKiD elements may be harnessed in a relatively simple algorithm that can generate valuation criteria for community production.

  


{ 1 comment… read it below or add one }

Spiraltouch01 November 28, 2012 at 12:36 pm

Where mathematics is sole principle of our value system, it still haunts me that money and value is derived from products in a mass system. I do feel that in a way the perception of value is something which is individual and should be the basic of all metrics. Creating systems for the mass, around the mass and in favour of the mass to participate in giving opinionated value on products and companies should weed out the bad eventually. Also it gives a pretty smart way to see if companies do there job of helping society or are only greeding the tops for personal gain. If so within such a thought it will almost immediately backfire and the value goes down exponentially giving rise to expected innovation and behaviour.

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