Archives

Social Media

Georgism; When Old Ideas Become New Again

May 19, 2010

Henry George was discredited for many ideas which are now emerging in with the increased economic influence of Social Media, social capitalism, trade of limited natural resources, and the trade of social currencies in reaction to the demise of financial currency.

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Cory Doctorow In Seattle

May 18, 2010

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

May 17, 2010

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

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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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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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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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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Forget Social Networks; Enter The Social Force Field

April 19, 2010

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

April 16, 2010

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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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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Can “Local Social” Support a New Currency?

April 6, 2010

If Facebook provides consumers with the same information that they supply to corporations; CEO name and address, preferred music, groups joined, etc. Then we’ll see a level of opportunity and accountability that is required to support a universal social currency. It’s up to Facebook now.

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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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Are Airline Pricing Schemes Antisocial?

March 31, 2010

“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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Reality is Simple: Money is Time

March 25, 2010

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

March 23, 2010

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

March 23, 2010

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

March 21, 2010

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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Foursquare Economics

March 18, 2010

The Next Economic Paradigm is arriving and the first entries include Foursquare. Few people understand the significance of this new class of social media applications. Foursquare contains many (but not yet all) of the components of the Innovation Economy that we have been discussing for several years at Ingenesist.com, Conversationalcurreny.com, and Relationship-economics.com.

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The Social Caterpillar Award Goes To Home Depot

March 18, 2010

Corporations may be getting social “online” but how are they doing offline? Anti-social behavior on the ground is the genesis of our not-so-coveted Social Caterpillar Award.

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Gamidox.com

Gamidox.com develops and spins off Value Games: The purpose of this video is to demonstrate the scope of influence that Value Games may have in communities and to identify games under development.

Zertify.com

The Knowledge Inventory: In order to create anything useful, there must be an inventory of parts, a bill of materials, or an accounting system with assets on one column and liabilities (deficiencies) in the other column.

Exoquant.com

Algorithm for the monetization of Knowledge Assets: This video introduces a very similar form of mathematics that Wall Street uses on tangible assets, except applied to intangibles.