Talk about how your product lives in time and you’ll earn all the social currency that it’s worth – not the other way around.
The Next Google will be a percentile search engine that predicts the likelihood that any combination of knowledge assets can produce or execute any combination of products or services at a known cost based on the supply and demand for those known knowledge assets. End of mystery.
After all, every living person is allocated a certain amount of time on Bizarro World. Time is a scarce resource whose value is determined by supply and demand. Time is not easily forged, debased, or counterfeited. It makes for a perfect Bizarro currency. Of Course the Bizarro Currency would be called the Rallod (Dollar spelled backwards).
The problem arises because our financial system is not able to articulate true value of social currency using a dollar denominated currency so social value remains invisible, not non-existant. Maybe the financial system does not want to articulate social value. After all, dollar denominated currency represents control of social value at a ratio of 1000:1
Our culture organizes itself around winners and losers. Corporations reflect this competitive nature to the core of their Capitalist doctrine. Sports analogies abound across the enterprise straight through to the HR department always on the lookout for the most amount of superstar for the least amount of money.
The human resources department is responsible for matching a knowledge surplus to a knowledge deficit through the hiring process. Fortunately for them, there is no knowledge inventory in society and managers don’t necessarily know what they want.
The underlying asset that supports both the Collateralized Debt Obligation and the Collateralized Innovation Obligation is a person and their ideas; one is an asset and the other is a liability. Both types of people go to work every day to interact with other people. They both share ideas and create better ways of doing things. People increase human productivity through fault tolerant networks and support systems. They transform information into knowledge and innovation – and both pay their mortgage.
The Ingenesist Project is to induce a crowd sourced innovation economy by integrating Social Media with three web applications. It’s all about to become extremely exciting.
Technological change must always precede economic growth. We are going about the process of market capitalism as if economic growth can precede technological change. Somewhere along the line we have gotten the cart in front of the mule.
It seems that this situation can be fairly easily corrected – after all, it’s the same cart and [...]
Where are the gray suited diplomats holding each others forearms against a world map backdrop vowing to correct the world’s innovation system? Where are the politicians joining across party lines about how to inject 700 billion dollars to fix the nation’s innovation system? When will the Federal Reserve Chairman find the flaw in our national [...]
In order to restructure our financial system; we first need to restructure our innovation system. ALL of the top ten reasons for business failure are due to a lack of knowledge, not a lack of money.
Top 10 reasons why businesses fail:
1. Lack of an adequate, viable business plan
2. Insufficient sales to sustain business
3. Poor marketing [...]
If we combine the parallel transaction with the series transaction we have what now looks like a neural network. In practice, we know that strong networks of people freely exchanging ideas make organizations better, smarter, and more efficient. Networks are where knowledge and wisdom is literally stored. A network is fault tolerant, if one person [...]
So now, what are the entrepreneurs going to do with this percentile search engine?
Entrepreneurs wander the earth looking for valuable things that are being used at a low level of productivity and they move those assets to a higher level of productivity and then pocket the difference, called profit.
Think pet rock, condo conversions, sand, corn, [...]
The Percentile Search Engine is a way of using a computer to make predictions about all types of combinations of knowledge Assets.
Conceptually, the percentile search engine is where all of the equations that we use to analyze financial assets are now applied to knowledge assets. The main characteristic is that the Percentile Search Engine returns [...]
Suppose we used the Dewey Decimal System to write a resume. A person could be described as a series of numbers instead of words and computers can search the numbers as they do key words today.
For example: 302, 307, 330, 607, 17, 500, 519
This person has experience in social interactions, communities, economics, educational research, [...]
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