Archives

Innovation Economy

They’re Finally Saying Something New About Social Media

March 8, 2010

Now, all of a sudden, a new idea is emerging…it’s barely an audible chirp, but it will become a tectonic rumble before long: Social Media is beginning to take on the characteristics of Financial Instruments.

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What is the Secret Sauce of Innovation?

February 16, 2010

Most studies on Innovation study the to 99th percentile human in the hope of discovering the “secret sauce” of wealth creation. One such study identifies 5 discovery skills and conclude that the top innovators are also in the top percentile for all these skills. What a surprise that the top university would conclude that they – and people like them – were the secret sauce of all wealth creation.

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Social Currency And The Innovation Bank

February 13, 2010

If we consider the structure of conversations and compare that to both the structure of social networks AND the structure of our financial system, we see a huge opportunity to develop an alternate financial system that can capitalize and securitize knowledge assets in social media.

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Breaking The Monopoly on Money

February 10, 2010

Many people doubt that the dollar has more than a decade or so of steam left as the interest on debts mythically exceeds the total amount of money on Earth (at least in my world). Yet banks march on, heading straight for the cliff.

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Video: The Calculus of Global Outsourcing

February 8, 2010

Modern Globalization is a system – it must be analyzed like a system. Data, Information, knowledge, and Innovation are profoundly related in a system. If you take away one of the components, the others become worthless.

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Video; Will Social Capitalism Replace the Corporation?

February 6, 2010

There is very little about a corporation that cannot be duplicated in social media. This calls into question the nature of social media vs. the nature of corporations. Here we uncover a third pillar to the US economic recovery; Social Capitalism.

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Video: America; A Next Developed Country

February 5, 2010

Now that the factories are gone and the rest of the World has copied all of our tricks (while not copying our mistakes) it is time to move on. What is that next watershed economic paradigm? Who is going to figure this one out? The ones who do will define the new meaning of “A Most Developed Country”

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Video: Dollar Vs. Rallod; A Mirror Image Economy

February 4, 2010

Therefore, debt and innovation are blood brothers or mirror images of the other – they are both “currencies” (means of storing value) backed by future productivity. We can build a new economy around this concept which effectively weeds out the bad parts and keeps the good parts of the institutions and infrastructure that are already in place.

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Where is The Knowledge Inventory?

January 30, 2010

There is no knowledge inventory of our communities. The is a STUNNING omission for a country whose only hope at climbing out of economic hardship is sequestered within the innovative minds of its people.

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Video: Currency Must be Backed by Productivity

January 20, 2010

We must all be engaged in the process of Innovation. We must all be engaged in the process of increasing each other’s productivity – in whatever form that may be, that’s the objective. Anything that wastes time needs to go away. It’s that simple.

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The Fundamental Flaw of NAFTA

January 1, 2010

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.

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Diversity in Innovation

December 19, 2009

Most literature on the subject of Innovation cites diversity as an important component of the innovation enterprise. Unfortunately diversity rides a political narrative rather than practical applications. Polarization is the death of diversity and the political narrative that plagues our country also plagues our ability to innovate.

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Open Letter to all Deep Web Researchers

December 12, 2009

This Open Letter is directed to all Deep Web researchers, authors, developers and people who have a great interest in what lies beyond the popularity contests playing out on the ‘surface web’. I submit this letter in appreciation for the work that you do I also want to present an important application to your research for which you may not yet be fully aware.

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Is Freedom A New Economic Paradigm?

December 10, 2009

A New Economic System of the country of Montenegro is based on complete and unfettered economic freedom; in other words, the elimination of all barriers to conducting business. Does this, in fact, lead to a new paradigm?

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Bretton Woods II – For the Biosphere

December 8, 2009

Whereas Bretton Woods (1) was tasked with rebuilding a war torn world, a new Financial Doctrine is needed to rebuild a war torn Biosphere. Economics as a discipline is based on the fundamental effects of selfishness and Bretton Woods demonstrated that we could in fact define “self” in terms of including the preservation of others. Now the task is to define “self” as including the Biosphere for which a new economic accord could certainly accommodate.

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Bovine Economics

November 23, 2009

Every week, we’ll collect headlines from the Google News Search that contain the word “money” and replace it with the word “Productivity” [in brackets]. If the headline still makes sense, then enjoy the article in confidence that you are being nourished. If it tells a different story, it’s Bovine Economics – suitable for mushrooms and methane

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The Great Currency Shift

November 19, 2009

I am seeing an increasing amount of articles and ideas related to an alternate financial system. The continued traditional media narrative implies that the current system is unstable and corrupted with insider deals, Ponzi schemes, bribes, and high profile acquittals of financial crime. The underlying age-old assumption is that the wealthy (merchant class) will win and the rest of us (the working class) will lose.

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Can Twitter Fuel a Run on the Banks?

November 16, 2009

Suppose someone puts together a Twitter campaign for everyone the withdraw their money from a single financial institution who just handed out big bonuses? At best, those bonuses will have to be recalled to keep the doors open. At worst…

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Social Isolation Funnel

November 13, 2009

Once users lose the ability to reject a brand message, we’re all right back where we started from.

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Is the Credit Score Obsolete?

November 12, 2009

The justification is that credit rating did not predict or help avoid the last crisis, so what good are they? The new twist: The bankers put their personal and corporate reputations on the line. If you trust the banker, you can trust their bond.

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When Capitalists Are Really the Socialists

November 7, 2009

When will people come to the realization that a new financial system is needed to represent the new social order? When will people realize that they have in their possession the most important tool ever devised by humanity for the benefit of humanity? When will they shut off the TV and reject the barrage of mediated reality that blinds them with propaganda at every turn?

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Building The Social Economy

November 4, 2009

The following summary from Hannah Del Porto does a great job in identifying the State of the Art in Building The Social Economy. Such “Thought Infrastructure” is essential to what will evolve into the next economic paradigm.

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Social Currency 101

October 31, 2009

The reasons for organizing social currency are becoming more obvious everyday – as institutional and corporate currencies leave gaps in our communities, people will need to fill these voids with social currencies. Our job as Social Media Practitioners (because nobody else is going to do it) is to develop, construct, and deploy social institutions that support a real time, close proximity markets to exist trading social currency

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Can Twitter Fuel a Run On Banks?

October 30, 2009

Suppose someone puts together a Twitter/Facebook campaign for everyone the withdraw their money from a single financial institution who just handed out big bonuses? At best, those bonuses will have to be recalled to keep the doors open. At worst, people will find an alternate currency to store the “value” that is destroyed by a bank run.

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