In an interview with the Wall Street Journal, Google CEO Eric Schmidt warns of the future consequences of social media and networks, and the vast amount of personal data that users put out there on the Web.
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Posts tagged as:
information
Google CEO Warns of Information Armageddon
by Dan Robles
Social Capitalism and The Culture of Data
by Dan Robles
Social media has also shown us what happens when the good data becomes the important information, which increases knowledge among the most people leading to increasingly effective innovation and changing the conventional wisdom about an increasing diversity of subjects. Social Capitalism will replace Market Capitalism simply because the culture is superior.
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This video describes a set of predictions for 2020 based on an entirely new form of capitalism whose velocity and voracity will take the world completely by surprise. Nothing is sacred and nobody is immune, not Facebook, not Google, not Wall Street, not even Governance itself….
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Knowledge Failure Is Business Failure
by Dan Robles
The top ten reasons for business failure are due to a lack of knowledge, not a lack of money. In fact, the lack of money is itself a failure of knowledge.
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Tangential Innovation Communities
by Dan Robles
Technology clusters serve what we call the tangential innovation market – or diversity innovation dynamics. Don’t worry if you have not heard of these things, I’m making this up as I go along.
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WIKiD Tools; A Futures Methodology
by Dan Robles
The forecasting methods that we are developing at the Ingenesist Project have become sufficiently vetted and organized that I have decided to formalize them for review by others. The “WIKiD Tools” method is fairly simple to describe and demonstrate, but be assured, it is a powerful method for predicting futures outcomes.
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Cory Doctorow In Seattle
by Dan Robles
Activist, Science fiction writer, and blogger Cory Doctorow spoke at in Seattle to a full house at the Sunset Tavern in Ballard. He performed a reading from his latest book, “For The Win”. Cory has an interesting sense of abstraction. He’ll spot a trend – or collection of trends – and extrapolates them into the future dutifully revealing all the complexities of the human condition.
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Enterprise Prediction Markets Summit
by Dan Robles
I’ll be speaking at the following event on June 4th. If you are in the area or blogging issues in this genre of ideas, let me know and drop by. Look up the other speakers and you’ll find an extraordinary group of visionaries preparing to make this PM Cluster Summit a truly enlightening event.
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Trading Money in for Value
by Dan Robles
Money is a convenient way to store and exchange value. Unless the world enters into a free trade agreement with Martians, Earth is the physical boundary of all existing value.
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NeighborGoods = Good Neighbors
by Dan Robles
Every municipality, chamber of commerce, economic development agency or anyone claiming to politically liberate or conserve anything in America should be looking at solutions designed and developed by visionary social entrepreneurs and community leaders like Micki Krimmel and NeighborGoods.
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Two Sides Of The Social Value Equation
by Dan Robles
There are two sides to the Social Value Equation – the creation of social value and the destruction of social value. There are countless examples where innovation destroys the value of prior technologies. There are also many instances where “progress”, perhaps in the form of a freeway or public structure, divides a community where strong social bonds once acted.
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Facebook Derivatives
by Dan Robles
It seems ironic that people are using Facebook to urge others to quit Facebook. If they take their own advice, they would no longer be able to give their golden advice to others. If we took their advice, we would not be able to heed the advice of others in this matter.
Is Facebook [...]
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m-Via; Social Currency and Technology
by Dan Robles
If necessity is the mother of invention, then the Future of Money and Technology Summit 2010 was Paul Revere. There were many innovations that seek to change banking as we know it using a new denomination called social currency.
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Who Is Quantified by Whom?
by Dan Robles
Suppose I was to suggest that value stored in social currency may exceed the value stored by financial currency. The paradigm shift now becomes, who quantifies whom?
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Social Currency and Anonymity
by Dan Robles
I am astonished that people willingly and freely give up huge volumes of information about themselves when they really don’t have to. In earlier times, marketers and advertisers would pay a great deal of money for far less information that people give them for free. People do not understand the value that is stored between their ears or how easy it would be to set up an alternate economy that trades in social currencies.
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Future of Money and Technology Summit
by Dan Robles
I was invited to present at the Future of Money and Technology Summit in San Francisco on Monday April 26. Representing The Ingenesist Project, I’ll be seated on a panel with two very important futurists; Chris Heuer and Micki Krimmel discussing non-quantifiable exchanges. The ever esteemed and respectable Ms. Tara Hunt will be moderating the session.
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The 1:1000 Rule; A Social Currency Imperative
by Dan Robles
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
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Forget Social Networks; Enter The Social Force Field
by Dan Robles
Social media is about to enter a new phase called “local social”. The hyperlinks that bind the web will become the hyperlinks that bind a community. The difference is that hyperlinks in “Global Social” environment converge down to specific information, Hyperlinks in Local Social will diverge up to diverse knowledge assets.
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Conversational Cannibalism
by Dan Robles
All of this tells us that Social Media is up against the ropes on the monetization plan. As a result it is starting to consume itself. This may be the first indication that the Dollar is NOT the currency of trade in the social media space, it’s a yet unnamed Social Currency. This definitely tells us that something new must happen soon.
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Twitter Me Elmo
by Dan Robles
Dorothy the goldfish is imagining Elmo reading his Twitter stream… and what would it say? Who would he follow? And who would follow Elmo?
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Innovation Suicide
by Dan Robles
Any definition is supposed to give the reader enough information to duplicate, recognize, and identify instances of the subject – Preferably before the event has ended. Think about it – if the definition for Innovation were clear, nobody would be asking this question.
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Is Anonymity an Asset or a Liability?
by Dan Robles
If Facebook is not careful, a huge opportunity awaits a competitor to disrupt the Facebook parade with high value, high segmentation, and high anonymity – and still monetize.
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Engineers Are Money
by Dan Robles
China and India are producing millions of engineers as part of their global economic dominance strategy. Engineers increase productivity and productivity creates wealth. Why? Because money is only a means for storage and exchange of value and engineers create the value.
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Criminals Steal Social Agreements
by Dan Robles
A criminal can steal your time, labor, intellect and possessions, or they can just steal your social agreements and replace them with a social disagreements.
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Are Airline Pricing Schemes Antisocial?
by Dan Robles
“People shop airline tickets by base price but by the time all of the [mandatory] options are factored in, there is not much of a discount after all”.
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Culture: When Engagement Is Not Optional
by Dan Robles
Today we see Social Media duplicating many of the functions of earlier society by storing community wisdom, applying social vetting, and deploying social currencies.
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Reality is Simple: Money is Time
by Dan Robles
Whoever said “Time Is Money” got it backwards. Anyone who still believes this is now moving backwards in economic time. Reality is simple: Money is time.
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They Should Pass A Social Currency Option
by Dan Robles
Regardless of what you call it, all social currencies have a very unique characteristic that differentiates them from a financial currency. Social currencies reward high integrity and punish low integrity.
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Local Social vs. Global Social
by Dan Robles
Global Social and Local Social each have a different focus, different vetting mechanisms, different advantages and often disadvantages. Each has different rules of engagement, different social expectations, and different long term / short term memory standards. Each has a different cadence, stress valves, and damage control systems. The more you look at them, the more different they are.
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Gowalla and Foursquare: Money is as Money Does
by Dan Robles
Money happens because people happen, not the other way around.
Wall Street has no idea what’s knocking at their door with the emergence of a new class of Social Media Applications that incorporate geolocation strategy.
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