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financial crisis

Seeding the Clouds of Social Media

by Dan Robles on November 18, 2009

cloud seedingOK, so what part of: Governments and industries have no intention of fixing things that they broke are we still having trouble with? The climate change summit ended in a draw after Kyoto ended in party pooper. You can count the financial crisis, endless warfare, world hunger, slave labor, forest-to-dump consumerism among the same pile of sun dried bullshit. Does anyone still trust the “leaders”?

There is a way out. People need to organize themselves around their a social media financial system. This is actually a relatively easy thing to do. Social media is like a big cloud – a big gray mass with no beginning, end, center or physical boundaries. The only way to engage the cloud is to talk to it. If you talk to it the right way, it delivers rain. If not, the well stays dry.

Now here is the trick. As social media applications continue to integrate, a correlation between conversation and rain becomes “diversified”, the randomness begins to disappear. Steady, consistent, and sustainable conversations across a wide array of social action will delivers steady, consistent, and sustainable rainfall across a wide area of social landscape.

At some point, someone will notice the similarity between the social media rainfall and the behavior of large diversified cash flows. They will develop a financial instrument to “capitalize” this value because it has become predictable. Predictable value flows can then be “securitized”. Unfortunately, the dollar is a debt backed currency and a productivity backed currency will need to arise in its place.

China accuses the weakness of the US dollar for driving speculation bubbles in anything and everything of “value” that is not a dollar. The problem is that the dollar is the only game in town. If there were an alternate currency with superior representation of human productivity, all dollar denominated assets will be converted to the new currency. The entire 50 Trillion dollar debt pressure on the US dollar will convert to a productivity backed currency forced to drive innovation at a comparatively astonishing magnitude – almost on the scale of the problems that face humanity.

A productivity backed currency means that those who are most productive earn the most money. Think about that for a minute, then go read The Next Economic Paradigm.

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The Invisible People

by Dan Robles on October 16, 2009

InvisibleManThere is no knowledge inventory.  There is no knowledge inventory.  There is no knowledge inventory.

This is a stunning omission for a society that intends – no, a society whose future is irrevocably dependent on it’s ability to innovate it’s way out of inevitable monetary collapse.

America does not know what Americans knows.  Entrepreneurs do not know what knowledge is available to them.  Markets do not know the supply and demand of knowledge assets.  The self-correcting magic of market capitalism is utterly unavailable if people and their knowledge assets are invisible.

  • There is a story out of the past mayor (someone who performed their civic duty to run for elected office) of Bennett Colorado who is one eviction letter away from living in a Ford Explorer with her 4 dogs.
  • Thousands of older Engineers are unemployed when Congress is crying for more Engineers.  This is the reason why there are none – the career has been reduced to a lousy bet.
  • Experience is knowledge, yet older workers also have a tougher time finding new jobs once they become unemployed. The average duration of unemployment for those age 55 and older is almost 30 weeks.
  • About 38 percent of the older workers and 26 percent of the younger workers had been out of work for 27 or more weeks in June.

Our economy needs to be able to efficiently match knowledge surplus with knowledge deficit in order to produce things and educate each other.  Diverse knowledge assets need to be combined in new and strategic ways.  Knowledge assets need to be matched by proximity as well as innovation potential.  Investors need to know the probability that a collection of knowledge assets can execute a business objective in order to decrease innovation risk.

Nothing can be accomplished without a knowledge inventory.  We have empowered corporations to be the stewards of the US knowledge inventory and the associated innovation economy. Information, knowledge, and innovation act as a system.  Without one of the pieces, you cannot have the other two.  If we outsource the knowledge economy, we lose the innovation economy.

The great promise of Social Media is that the knowledge inventory becomes a public reference. People need to know what other people know so that they can build things.

Once you are outsourced – you become invisible.  Who will be the next invisible person in your neighborhood?

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What If The Dollar Fails?

October 1, 2009

I have been hearing a great deal about an inevitable collapse of the dollar. Not today or tomorrow, more likely in 5 or 10 years. The failure will probably not be a stupendous crash since politicians would avoid this as a means of self-preservation. Rather, it would simply be a slow and grinding inability to “afford” many important things using cash. Note that this has little or nothing to do with your ability to produce important things.

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Unspoken Communication and the Bottom Line

September 23, 2009

I can also see how the unspoken communication stores as much value as the spoken communication. In the U.S. , there are race troubles, financial troubles, trust troubles, and confidence troubles. Many fears and anxieties that can be accelerated by Social Media in unpredictable ways. First, information riles people up quicker than facts can follow, and second, the shelf life is much shorter as issues are dissipated by new ones leaving much unprocessed.

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You Can’t Eat Gold

September 3, 2009

A successful and stable currency must be backed by the productivity of the [citizens of a country] users. So these two words should be interchangeable; i.e., a country spends productivity to fight a war. A country spends productivity to fund universal health care, etc.

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The New Economic Paradigm: Part 7; Monetization of Knowledge Assets

April 20, 2009

We have specified a structure for a new economic paradigm by simply integrating the the knowledge economy into the same structure as the financial system. The result is a completely new way for entrepreneurs to create wealth.

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Are we competing with the truth?

March 21, 2009

Far greater crimes have been committed in the financial meltdown, but this one is catching fire and it’s trying to burn the house down.

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I Am Capitalist and So Are You

March 16, 2009

In case you have not noticed, it is largely in the best interest of one group of people to keep another group of people poor, weak, and disorganized. I’ll let the reader connect these dots as they see fit, however, the fact is that is how capitalism works

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Is The Banking System Corrupted?

March 9, 2009

Finally, after viewing these videos, you will have a greater understanding of what money is, what the future holds, and why the Ingenesist Project is therefore so Important.

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The Global Financial Crisis; The End Game

February 18, 2009

Likely the most optimistic projection of the future. This article predicts that social media will become the platform for an Innovation Economy.

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Social Media; the Integrator of the Innovation Economy

November 24, 2008

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 [...]

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The Tangibility of Knowledge

November 9, 2008

Knowledge Tangibility should be the most important conversation in Social Media circles given the current financial situation in America. I lived through financial devaluation in another country and the effects were crushing: after the run on the banks, there will be a run on Walmart.  People will buy TVs, small appliances, shoes, and useful stuff [...]

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2008 Financial Crisis: The End Game

November 7, 2008

The year is 2020, no burning cities, no mass hysteria, no bread lines; the economy is on an exponential growth curve.  The financial crisis of 2008 ended in an anticlimactic sort of way.  Sure, lots of hedge fund bankers were unemployed for a while and many companies once deemed titans of industry have disappeared, but [...]

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The Ingenesist Project – press release

October 21, 2008

We have launched The Ingenesist Project. The Innovation Economy is an absolutely huge and necessary step forward for all of us. The current financial system is unstable and it will fail. At best, the innovation economy can increase human productivity sufficiently to support the debt load. At worst, there needs to be a system of [...]

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