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Tag: zeitgeist

The “New Value” Integration Begins

The New Integration begins; Travel, Coupons, Gaming, and Currency

Each stage of humanity’s social evolution did not replace the prior social order; rather, it integrated the tools created during the prior social order. The agrarian economy is going strong and feeding the world. The industrial revolution integrated the tools of the scientific revolution – both still exist.  The knowledge economy integrates the tools of the information age as we speak. The next economic paradigm will result from the integration of tools developed from the technologies of the knowledge economy. So what’s happening out there now?

Travel: Nothing economic can happen until people get together an build something.

Tripit acquired for 120M, DoJ Mulls anti-trust suit for purchase of ITA, Travel sites gang up against ITA Sale, American, Expedia, Orbitz in 3-way dispute, Facebook buys Nextstop,

Coupons: Hey, who exactly is subsidizing all that discount value?

2 y.o. Groupon rejects 6B offer, mulls IPO.  50 top Groupon Copy cats, “Google Offers” Groupon Competitor, Groupon Bachlash builds, Foursquare and Groupon go after “Local Social”

Games: A business as old as money.

Zynga valued at up to 5B. Zynga goes on a buying spree (8 acquisitions in 8 months); Google buying spree in mobile gaming and invests 100M in Zynga,  8B in virtual goods sold worldwide – china leads. Facebook Credits become mandatory for games.

Currency: storage and exchange of social value.

Google buys Social Gold for 75M – social gaming/virtual currency platform. Alternate Currency Movement gains popularity,  Zeitgeist Movement goes on the defensive.  Symbionomics to organize the “new value” conversation. Facebook rolls out new currency. AMEX launches “social currency” with “geolocation”……..

Bringing us back to the beginning: Travel:,  

Unveiling The Catalyst

The Value Game developed by The Ingenesist Project will be unveiled at The Future of Money and Technology Summit on February 28th 2011. We will demonstrate how a high value asset such as an aircraft, zipcar, renewable power, or even public infrastructure can be massively leveraged to create New Social Value.  This represents a new class of business methods designed to integrate the tools of the knowledge economy and produce a closed-loop prototypical innovation economy.

Leveraging fixed assets, socially

The Value Game uses the example of how entrepreneurs can leverage an under utilized asset such as a corporate jet fleet and match routes to the Geographic Social Graph at small airport (Travel) instead of competing with an inefficient Commercial Airline model.  Vendors could join social networks to subsidize airfares with contingency (Coupons) for related products and services. A true value calculator would compare door-to-door social value of private travel with the financial value proposition of commercial airlines.  This comparison creates a conversion factor between social currency and financial (Currency) which monetizes social value.  The resulting interactions between traveler, vendor, and 3rd party entrepreneurs creates an “Intentions Game” in social media where it is in everyone’s best interest to create social value and deploy it to the (Game).

The game starts and ends with money, but all the “New Value” is created inside the game and denominated in social currencies. Entrepreneurs will game the game, the planes will get bigger, the coupons will get stronger, and the social currency will out-perform the financial currency in new value creation.  This business method is now being tested in a live venture. What we learn from this may help catalyze a new and more sustainable economic model called Social Capitalism.

Don’t miss this historic unveiling at The Future of Money and Technology Summit on February 28, 2011

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(Editors note: The above post is #1 in a series [1], [2], [3], [4], [5] introducing The Value Game to a new class of business methods.  The first real world application is Social Flights; a collaborative production / consumption game being deployed to the market.  If this works, the new business method class will be generalized throughout the economy to catalyze the convertibility of social currency.)

The Spirit of The Age

I read the mainstream media headlines about how the Arizona Assassin was influenced by the Zeitgeist Movement and wondered, ironically, which of these four parties represents The Spirit of the Age?

The Future of Money

There are many people questioning the past, present, and future of money. For the first time in human history, there is substantial access to information and scalable social technology that can enable people to create, store and exchange new value in their communities.  I believe that the act of people building community, in itself, creates new value that may be exchanged through many forms called social currency.

Economics happens when people do things that are important to them.

I have encountered literally hundreds, (I am certain that there are hundreds of thousands), of people developing social currencies in increasingly creative and constructive ways because their community is important to them. People are trying to solve the great puzzle of  human division because their community is important to them. People are trying to resolve the constraints in natural resources and the limitations on our planet, because their community is important to them.

The New Value Movement

It is also increasingly clear that social-economic systems that may have once served well in prior times are operating sub optimally with today’s technology and social order.  What I do NOT see in the New Value Movement are people intentionally trying to benefit from the wholesale failure of others – regardless of whom. However, herein does lay the danger.

Disruption is good, destruction is not so good.

It is easy to form a utopian ideal where humanity’s presence on Earth is redesigned into the system of one group’s design. It is easy to say that all problems are technical or spiritual, and not political.  It is easy to call to action a confrontation of culture as a requirement for building future society in one’s own image.

The problem is when the urgency to realize a utopian vision can result in actions that are destructive to the support system upon which that vision must depend. As such, it should never become the best interest of one ideal to force the collapse of the old system in order to create the new system.  This is the nature of the same “competition” for resources that is clearly inconsistent with natural synergy.

This is the story of much of our human history, unfortunately with predictable results

I believe that it is precisely such a failure that can make the new ideal impossible to attain. To bring about the end of the old era before the new era is sufficiently developed is the great technical challenge we are faced with. No sustainable stage of human evolution has ever been brought on by the wholesale demise of the prior – there was always an integration of the tools developed in the prior paradigm that resulted in the new.  That is the discussion that we need to occupy ourselves with – this is our Zeitgeist.

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