new economic paradigm

Outsourcing Fail

by Dan Robles on September 28, 2010

Gambling with Jobs

The US Senate recently blocked a measure designed to reduce the outsourcing of US jobs that many corporations pursue in the relentless drive to reduce costs.

Modern Globalization is a system

Globalization must be analyzed like a system. Data, Information, knowledge, Innovation, and wisdom are profoundly related in a system. If you take away one of the components, the others become worthless.  If you destroy one component, the entire structure could fail.

Everyone knows that data, information, knowledge, innovation, and wisdom are related.  If I corrupt the data, then the associated information, knowledge, innovation, and wisdom are also corrupted.  Likewise, if I eliminate any of these elements, the system fails.

Focus on Core competency – what core?

The standard argument for outsourcing is that knowledge workers are better allocated in innovation jobs so “we can better focus on our core – and heck, we can all save a little dough in the process”.  But when we outsource our knowledge economy, the innovation economy is choked off.    The knowledge economy is the source of the Innovation Economy.  The Knowledge economy is also the recipient of the information economy which transforms data and information into useful tools, ideas, and products.

Rate Of Change is Innovation

The rate of change of the innovation economy is directly proportional to the INCREASE not the OUTSOURCING of the knowledge economy.  This is the calculus of outsourcing.  If, on the other hand, it is in you best interest to keep a population poor, weak, and unable to organize into powerful collectives, then yes, outsourcing is an effective method.

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Does School Interfere With Education?

by Dan Robles on April 2, 2010

I guess that is could be considered sacrilege for a college professor to suggest that higher education is inadequate in some way.  My position is that the college degree must go away in favor of strategic combinations of high resolution knowledge assets.  The irony is that those who really “get it” understand “school” better than the schools.

The price of college education compared to the value of college education in society is skewing toward obsolescence. The news reports are filled with stories of unemployed MBAs and Engineers.  Over qualified, out of date, over generalized, specialized into obsolescence are all risk conditions that can make college a liability, not an asset.

There are many articles in these archives that outline my opinions on the subject. So here is what the kids say….

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Culture: When Engagement Is Not Optional

March 26, 2010

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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The New Definition of Innovation

February 12, 2010

The existing definition of innovation is insufficient for use as a way to identify innovation in the present. There is no way to build an innovation economy upon a flawed definition and unpredictable value of innovative activity.

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A Community of Knowledge Assets

February 11, 2010

Our culture organizes itself around winners and losers. Corporations reflect this competitive nature to the core of their Capitalist doctrine. Sports analogies abound across the enterprise straight through to the HR department always on the lookout for the most amount of superstar for the least amount of money.

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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: 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).

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Video: Tangible Knowledge; The Holy Grail of Social Media

January 22, 2010

What if knowledge assets were tangible? What if you owned your knowledge like a company owns a structure or specialized machinery? What if it could be quantified and qualified so that it resembles all other tangible assets? Easy answer…entrepreneurs will trade it, like money.

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Deep Web; Database of databases of databases….

December 16, 2009

We have posted a few articles about the Deep Web and presented an emerging technology project that promises to provide a database of databases for the next great development of Internet Search. This short post considers the significance of one aspect of Deep Web Search.

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Deep Web: The Data Will Set You Free

December 15, 2009

Conversational Currency Blog continues to present components of the Next Economic Paradigm as we spot the integrations. We believe that one of these features is the Deep Web, estimated to be 500 times bigger than the surface web or “Google-verse”.

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Pirates, Anarchy, and the Monetization of Social Media

December 11, 2009

No sane blogger would post an article suggesting that anarchy is superior to government as a means of producing widespread cooperation…or would they? So far, the result has been phenomenally successful in social media and therefore demonstrates that anarchy may in fact work better than government.

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Why is college measured in “degrees”?

December 9, 2009

The information that fuels the next economic paradigm will not be captured in the form of college degrees; rather, it will be captured in extremely detailed granularity of unique collections of knowledge assets in diverse combinations of persons that solve complex puzzles – and then share the solution with others.

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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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In Search of A New Economic Paradigm; Part 1

December 5, 2009

It could be currency collapse, an environmental collapse, a pandemic collapse, a food collapse, a water collapse, Energy collapse, a political collapse, or any number of Black Swan events – something somewhere too big to fail will fail. When that happens, it will take everything else down with it. After all, that’s what too big to fail means.

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Freedom of Speech; Use it Wisely

December 3, 2009

The recent Google quandary involving that most unfortunate rendering of Mrs. Obama led to many interesting articles about the invisible line between freedom of speech and profiting from indecency against another person (or group of persons). Among the more intriguing conclusions is that those who exercise their freedom of speech should do so at the [...]

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Goldman Sachs: Bernie Madoff on Steroids

November 30, 2009

The words “money” and “productivity” should be interchangeable. So, what exactly did Goldman Sachs produce in order to amass such astonishing amounts of “money?” Where is the corresponding astonishing productivity?

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Fattest Cat Bets Against Dollar (and what we can do about it)

November 25, 2009

Wonder where your money went? “John Paulson took it,” wrote Peter Cohen of BloggingStocks. Want to know what Paulson is buying this year? Gold. Betting against the dollar is his latest ploy and so far seems to be working. Ummmm…this means that the rest of us are basically screwed, again.

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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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Seeding the Clouds of Social Media

November 18, 2009

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”?

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Community Currency; Ithaca Hours

November 6, 2009

Many communities are giving up waiting on large corporations or government to invest or provide jobs, and are instead building on their own strengths and resources.

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Social Currency; History Matters

November 3, 2009

History often provides clarity in the present. I was searching the term “Social Currency” and I found these two posts on a forum from all the way back in 2001. The authors are quite explicit in their expectations of social currency in their present and deep into the future.

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Toyota Raises the Bar, Again

October 12, 2009

Last week Akio Toyoda, president of Toyota Motor, apologized for his company’s poor financial performance and possible culpability in the death of an American family for faulty product

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Coupon Search Engine – Are You Worthy?

October 9, 2009

What if many companies dropped their advertising spend into a several different buckets of cash representing various lifestyle segments? Now, suppose that the cash was distributed to social media mavens corresponding to their social media reach in the lifestyle segments. The advertisers and the amounts contributed to the buckets are fully disclosed. The Social Media mavens are compensated by their Alexa rankings – again, fully disclosed and objective. The Social Mavens are simply paid to blog their lifestyle experiences with no contract or commitment to any brand, nor retribution for any assessment – just like always.

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