Linkedin

The Reality of Social Networking

by Dan Robles on April 6, 2011

Nothing Economic can happen until people get together and build something, period.

Social Network services are not that.  Social media gives people the impression that they are getting stuff done – but they are not.  Nothing economic is happening on Linkedin or Facebook or Twitter.  Rather, the impact of these services is derived only from what people accomplish in reality.

Yet so many social media services sell advertising.  The objective of an advertising site is to keep you in your seat where you can view more advertising.  The objective of advertising as an industry is to influence you to do something other than what you already want to do.   Each of these things impacts people’s activities, and therefore, much of the crap that people share on social network services.

Race to the bottom

This self–depreciating cycle does not actually create very much nor does it arrive at anywhere interesting or important.  The content that keep people coming back to Social Networks is produced by a relatively few number of entertainers – people who separate themselves from consumption of the medium and instead produce content for consumption by the medium – instead of “For” the medium.  Again, the objective is to keep people in their seats watching more advertising.

Did I mention that nothing economic can happen until people get together and build something?

We are in the middle of creating a different type of social network in Social Flights.  We are billing it as “The Social Network where people actually do stuff” because the objective is to get people out into their community looking for other people who can help them build something.  We’re still experimenting so please be patient if it still seems a little clunky.

The Last Mile of Social Media

The idea is to form travel communities in relatively small geographical areas and enable them to share an airplane to anywhere where there is another travel community.  We call the The Last Mile of Social Media – empowering neighborhoods not Hollywoods.

There is no advertising on social flights; however, local vendors are encouraged to place discount coupons in direct response to a community travel objective.  There is no airline schedule because the objective is for people to share an asset – the airplane. This means that the passengers tell the plane where to fly and when, not the airline.

In the end, Social Flights rewards people, venders, and aircraft operators for interacting with their communities in real life and real time – instead of their computer screens in virtual time.  Now, the social network, laptop, or mobile device becomes a real productivity tool.

Back to economics:

Most logical people will ask “where do I get the money to travel to new places with new people?  The answer is simple: “That is precisely why you need to travel to new places to meet new people”

Nothing economic can happen until people get together and build something, for real.

Read More

Innovation Suicide

by Dan Robles on April 9, 2010

forums-300x299The following question appeared on a Linkedin Forum that I follow:

Complete this sentence: The ONE factor that is MOST important to innovation is… and here’s why…

I have said this in a few blog posts and I’ll say it again here: The current definition for “innovation” may be the single most disastrous eliminator of innovation.

Innovation Suicide:

Yeah, it kills itself. Really, look it up – it’s a horrible cacophony of buzz bits and weasel speak that amount to nothing more than “Ya know it when ya see it”.

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.

I am always amazed at how simple the answers to complex questions – and how complex the answer to simple questions – can often be.

Question: THE ONE: Complete this sentence: The ONE factor that is MOST important to innovation is… and here’s why…

My Answer: The Definition of Innovation

Here is why:

Information, knowledge, and innovation are obviously related to each other.

1. You can’t have one without the other two.
2. If you cannot measure one, you cannot measure the other two.
3. where all three are integrated, the system becomes efficient.

Yet, the definitions of each term do not include the other two. Therefore, the current definition of innovation is insufficient to describe the condition. That is why this is the ONE most important factor.

Let me prescribe the following analogy; distance, velocity, and acceleration are obviously related.

1. You cannot have one without the other two.
2. If you cannot measure one, you cannot measure the other two.
3. where all three are integrated, the system is efficient.

This is because distance is the point between two facts, velocity is the rate at which the distance between two points changes. Acceleration is the rate at which the velocity of travel between two points changes.

Therefore let’s re-define innovation as follows:

Information are facts and data. Knowledge is defined by rate of change of information. Finally, innovation is defined by the rate of change of knowledge in a community.

If we can accept this definition, everything changes. Seriously, everything changes.

Now, that’s Innovation!!!

* note: If you are familiar with differential Calculus you may see how a new economic paradigm may arise from this algorithm.

Read More

Video: Taxonomy for Community Knowledge Inventory

February 1, 2010

ny taxonomy that is used to classify information is a candidate for the classification of knowledge. This is because knowledge is related to information in a differential equation that also includes data and innovation (another blog post).

Read the full article →

Video: The Last Mile of Social Media

January 21, 2010

The following video describes how the components of the next economic paradigm must act locally, but share globally. For anyone wondering what to do next or where the great opportunities are, think about building out the Last mile of Social Media.

Read the full article →

Using Social Currency To Fight Terrorism

January 8, 2010

Should a social currency credit score become imperative to social transactions as the financial credit score is for financial transactions?

Read the full article →

Deep Web Search

December 13, 2009

Deep Web Search Engine is here. This represents a new economic paradigm since increasing the available information increases the rate of change of knowledge across diverse communities. Keep your eyes on this one – it’s a big one.

Read the full article →

The Power of Social Taxonomy

December 4, 2009

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.

Read the full article →

The Social Media Paradox

December 2, 2009

Social Media Paradox: The degree to which the act of engaging in the social media paradigm reduces one’s ability to engage in the pre-social media paradigm; and vice versa.

Success in social media requires humility, authenticity and commitment to the medium. Like a tattoo, that impression defines the person and is not easily removed – after all, everyone’s got to have some skin in the game.

Read the full article →

Intellectual Property in Bloggerville

November 20, 2009

I am always amazed when I get that proverbial chest thumping quasi-barrister “cease and desist” letter, followed by remedial citation of copyright law, and always ending with some pathetic accusation of irreparable damages and criminal violation.

Read the full article →

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.

Read the full article →

Creative Capital; The Hidden Hero

September 7, 2009

Social capital, intellectual capital and creative capital are the factors of production for the Innovation Economy; next economic paradigm. Creative Capital remains the least understood, yet most important element of the Next Economic Paradigm. As we continue our march into the regime of social media it is imperative that we understand, support, and develop this critical factor. We cannot “take it for granted” that creativity exists and will always exist. It must be recognized, developed, and integrated into the fold of Social Media.

Read the full article →

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.

Read the full article →

It Takes Currency to Make Currency

August 11, 2009

Immediately the engine of entrepreneurialism will ignite as people figure out new ways to play the game. With a trillion dollar advertising industry, a trillion dollar Professional Placement industry, and a trillion dollar recreation/leisure/entertainment/family industry on the ropes, you can guarantee that innovation will be absolutely intense. Welcome to the Innovation Economy.

Read the full article →

Is a social contract legally binding…and who cares?

July 13, 2009

The Ingenesist Project posits that trillions upon trillions of dollars worth of value that is being transferred to social media from a legacy economy stifled by insurmountable debt. These numbers are indeed spectacular because they account for the value “lost”, and most importantly, the calculations provides clues on how to “find” it again.

Read the full article →

The Value of Social Currency

July 9, 2009

Roughly 10% of the US gross Domestic Product can be attributed directly to the process of evaluating or examining transactions. The ability to foresee the result of specific knowledge assets deployed to specific business conditions is the Holy Grail of entrepreneurs.

Read the full article →

The Vicarious Search Engine

July 7, 2009

This is how the innovation economy must play out. People must control, regulate, anonymize, and manage their own knowledge inventory. If only they could see their world through the entrepreneur’s eyes – perhaps they need a vicarious search engine more than anyone.

Read the full article →

1.3 Trillion Dollar Professional Contact Market

June 30, 2009

It is only a matter of time until professional contacts will be for sale. The problem is that the ROI (return on investment model) is such a poor valuation tool for social media.

Read the full article →

How Does Social Media Affect GDP?

June 19, 2009

Gross Domestic Product does not take into account many important variables accelerated by Social Media and growing exponentially in economic influence.

Read the full article →

The Second Impression of Social Media

May 7, 2009

As we move away from the ROI valuation model for social media and adopt a more dynamic ‘options’ analysis, a different picture emerges. The next economic paradigm will emerge as a function of people exercising their options.

Read the full article →

The New Economic Paradigm; Part 6: The Business Plan

April 10, 2009

The business plan of the innovation economy is very simple; it starts with the single transaction between two people. The lender provides information and the borrower combines the information with their existing knowledge to create more knowledge.

Read the full article →

The Next Economic Paradigm; Part 4: Institutions

April 7, 2009

In this module, we will discuss the institutions in social media that could keep an Innovation Economy, free, fair, and equitable.

Read the full article →

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.

Read the full article →

The Great Convergence

December 8, 2008

Hey Kids, It’s 3D: The objective of this article is to discuss the Great Convergence of computer enabled society. Social media must not be allowed to converge to a single apex – rather, it must converge to 3 distinct and tangible dimensions. The factors of production for the industrial economy are land, labor, and capital.  [...]

Read the full article →

The Credit Score Analogy; Part 2

September 17, 2008

Now we look for a similar situation for Knowledge Markets. In the cuurent times, the hiring manager is the person to know if you want to get a job. The manager would read your resume and compare it with “bell curve” in their brain about what has worked or not worked in their past. This [...]

Read the full article →