The Next Economic Paradigm
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by Dan Robles
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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by Dan Robles
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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by Dan Robles
[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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by Dan Robles
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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by Dan Robles
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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by Dan Robles
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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by Dan Robles
Together with the financial banking, these two system engage in the dance of the virtuous circle of innovation enterprise. Apart, they collapse into the swirling cesspool of eternal debt and infinite interest (pun intended).
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by Dan Robles
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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by Dan Robles
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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by Dan Robles
Where the vetting mechanism fails, the system fails. This has happened in countless instances from the current financial crisis to nearly every product, market, environmental calamity, or political failure in recorded history – the referees who were supposed to keep their eye on the ball, did not. Likewise, where a vetting mechanism is effective, the system is efficient.
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by Dan Robles
Then Robert walked around the corner. He stood next to me, applied a menacing grin, and stared my oppressors down. After a few moments, he walked away without saying a word.
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by Dan Robles
Should a social currency credit score become imperative to social transactions as the financial credit score is for financial transactions?
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by Dan Robles
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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by Dan Robles
As brands get social, they enter the new media performing their best interpretation of a conversation. Face it, they are still going for the kill – like a wolf in sheep’s clothing – the dance of the pitch is just getting more sophisticated. Social media is powerful followed closely by the of abuse .
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by Dan Robles
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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by Dan Robles
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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by Dan Robles
The FTC recently issued guidelines for payola to bloggers. The impact and opinions are now emerging over what this means for social media. As with any game played on a new field, rules need to apply. The questions emerge regarding who the rules hurt, who they help, and how the game will develop in the future due to those rules.
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by Dan Robles
The Ingenesist Blog has been accepted by Trakkrz, a new but rapidly growing aggregation site of vetted content. Trakkrz’s vetting processes is rigorous and highly selective. For this reason we are proud to be a member of the Trakkrz community.
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by Dan Robles
I am noticing a recent backlash at the social media experts that are not actually experts. In one such rant, a real social media expert proposes a few simple questions that can help separate the good from the not-so-good.
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by Dan Robles
Anyone who has ever shopped for a car is familiar with the tried and true negotiation methods. With the advent of social media, negotiations are happening more and more in social space and in combination with in-person events.
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by Dan Robles
There are 3 characteristics of financial instruments which make them tangible in a market: They live in an inventory, they are exposed to vetting mechanisms, and they are subject to constraints.
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by Dan Robles
If someone can track your spending, they can predict your behavior. It is also true that if someone can track your behavior, they predict your spending. The next economic paradigm is simply a higher order of the same. If someone knows your “Knowledge Inventory” they can predict how you will manage changing conditions – that is, how you will innovate. Likewise, tracking how people innovate exposes the development of new knowledge assets (the ‘gold-standard’ of conversational currency).
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by Dan Robles
The idea of trust as social currency is appearing in more articles, conferences, and books. This is all highly consistent with the TIP thesis on Innovation Economics which describes the necessity of a vetting mechanism among the knowledge inventory as a means for the emergence of a currency in a market – that is, a conversational currency. People need to trust the currency if they are to trade the currency.
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by Dan Robles
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.
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by Dan Robles
Suppose that 50 Million professionals employed in the United States with average salary is 70,000 per year. Suppose that they change jobs 3 times in their career and that the cost of placement is 30% of salary, or $21,000 dollars per placement. This equals 3 Trillion Dollars in Churn costs
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by Dan Robles
In short, we have seen social media replace or duplicate almost every structural element of the traditional corporation outside of the construct of corporations. Can social media provide a corporate structure in and among itself?
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by Dan Robles
Periods of change in any market open the doors for abuse as control systems often lag behind the waves. This is especially true for social capitalism where the social contract is changing rapidly and the enforcement mechanisms are largely non-existent.
All markets must have effective vetting mechanisms in order for the market to be viable. If [...]
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by Dan Robles
Innovation clusters are all the rage in regional economic development circles. Actually, they are “industrial clusters” because several companies in similar industries collocate in the same geographical area. The industrial cluster then attracts supporting industry and often causes the migration of educated and motivated people to the prospect of jobs. I suspect the ‘innovation’ moniker [...]
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by Dan Robles
I read many articles with rants like “all this social network stuff is cool – but show us the money”. Innovation Economics offers a way to see new markets and new businesses that are currently hidden by “the old way” of doing things. This article is part of a series called ‘Business Plans of [...]
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by Dan Robles
Today there is a big scare that bad people will run off with your intellectual property and make a ton of money with it. Another problem is that the Patent system is so slow and so expensive that the vast majority of innovators simply do not have access to patent protection – many people just [...]
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