Archives

Social Capital

Cluster Funk

June 10, 2010

The term “Innovation Clusters” makes for a good soundbite for politicians because it fits on a banner they can stand in front of (thumbs up) and waving the “I’m for Jobs” banner for the next election cycle. It keeps funds flowing to organizations to publish studies that conclude that more studies are needed. Maybe these “summits” ought to be renamed, Cluster Funks because that is all that they actually promote.

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Crowdsourcing The New Exploitation

June 7, 2010

Most “turking” does not pay enough to cover the cost of the education required to complete the task. It costs a society countless thousands of dollars to teach and nurture a child to read and make good decision.

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Let’s Argue About the Definition of Productivity Instead

May 27, 2010

Many arguments rage because of poor definitions to terms. If people cannot agree on a definition, they will not agree on much else. A definition should be definitive – here I will tackle 5 of the most elusive definitions that are at the center of much, if not all, global controversy: Data, Information, knowledge, innovation, wisdom

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Financial Currency vs. Social Currency

May 26, 2010

The difference between the current economic paradigm and the next will balance on the difference between financial currency and social currency. Let me explain:

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Trading Money in for Value

May 14, 2010

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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To Accelerate Serendipity, The Whuffie Factor

May 13, 2010

In Tara’s book, Whuffie is roughly synonymous with ‘new’ social capital – a hugely complex financial instrument that is currently emerging before the eyes of all practitioners of social media. In 2010, almost everyone still struggles to articulate social capital with a 1999 vocabulary of new conversations living in old financial markets

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Future of Money and Technology Summit; Non-Quantifiable Exchanges

May 8, 2010

Very few discussions about the future of money approach the subject with as much experience, introspection, and clarity as this historic panel has. This is not another doom-gloom room – but a truly optimistic model of a future financial system built on a platform of social media. These panelists represent some of the top thought leaders, visionaries, and practitioners in the area of “Local Social” – where nothing happens until the rubber meets the road.

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Two Sides Of The Social Value Equation

May 7, 2010

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

May 5, 2010

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 too [...]

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m-Via; Social Currency and Technology

May 5, 2010

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?

May 3, 2010

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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Non Quantifiable Exchanges

April 29, 2010

When we bite into our tuna sandwich, we take this complexity for granted. We are in fact, consuming the strenuous articulation of a financial system disguised as the simplicity of the checkout stand, the application of mayonnaise, and aroma of toasted wheat bread.

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Social Currency and Anonymity

April 24, 2010

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

April 23, 2010

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

April 22, 2010

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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Twitter Me Elmo

April 13, 2010

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

April 9, 2010

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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The Brain-Picking Economy

April 8, 2010

[People who ask to pick your brain are either asking you to work for free or they are trying to bypass the very hard work required to build a social network by asking for your referrals].

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Is Anonymity an Asset or a Liability?

April 7, 2010

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

April 3, 2010

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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Does School Interfere With Education?

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.

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Criminals Steal Social Agreements

April 1, 2010

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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