Or maybe the last thing that Wall Street wants is for Engineers, Architects, designers, and creative people to get “royalties” on their work. That is What Wall Street does, they collect the royalties of the creative people in America….until now. Social media is a social contract, IP is our currency.
Posts Tagged ‘engineer’
The Fundamental Flaw of NAFTA
Leading into 2010, The Ingenesist Project will release a series of videos that specify the construct of the Next Economic Paradigm. The following video discusses the flaw in modern globalization market economics that started with the failure of an obscure sub section of NAFTA – the free trade of services.
The Power of Social Taxonomy
Likewise, corporations arising from the industrial revolution communicate internal structure and processes through the use of a well protected internal taxonomy. This serves as both a means of storing knowledge across generations of workers, and as a means of encrypting the knowledge from those who would pillage the enterprise.
A Clear and Present Value!
The value of conversations is real, clear and present – especially in the actions of those who profit wildly from them. I saw this in the negotiations of NAFTA when it was clearly in the best interest of the some negotiators to keep engineers poor weak and disorganized.
Social Media Staffing: $3 Trillion Opportunity
Suppose that 50 Million professionals employed in the United States with average salary is 70,000 per year. Suppose that they change jobs 3 times in their career and that the cost of placement is 30% of salary, or $21,000 dollars per placement. This equals 3 Trillion Dollars in Churn costs
Social Clipping and the Amazing Disappearing Economy
In the early 1990’s, the NAFTA Mutual Recognition Document (MRD) for engineering professionals was the first modern attempt to treat knowledge like a financial instrument. Unfortunately it failed because of a tiny little flaw that I call ‘social clipping’.
Most trade agreements that followed were modeled after NAFTA and, as such, inherited the clipping flaw. The [...]
Factors of Production for an Innovation Economy
Many years ago, economists from the industrial revolution identified three variables (productive inputs) for building industries; Land, Labor, and Capital. The rate of output was related to how these inputs were combined. If any of these factors of production were missing, the other two had little or no utility for production. The concept of Land, [...]