Archive for the ‘Creative Capital’ Category

The Monetization of Social Capitalism

This video introduces the generalized algorithm that will ultimately control the value game. This video identifies what Social Entrepreneurs will do to create value which will eventually be stored and exchanged with a Social Currency.

The ONLY Social Currency Is Time

Thousands of social currencies are emerging as people lose confidence in the ability of the dollar to store value. At the end of the day, a currency is a social agreement. People need to agree that whatever they use for the storage and exchange of value accurately represents their productivity – otherwise they will not work for it.

The Knowledge Inventory: You Cannot Make A Bet Without Odds

The knowledge inventory is the most important part of Social Capitalism. It is also the only piece that will require everyone to think substantially differently about how we are organized in communities. Once we can get over that hurdle – it’s smooth sailing into the next economic paradigm.

Independence In The State of Mind

Something extraordinary is about to happen in the way Americans organize themselves. Nothing is sacred, no one is immune. The next economic paradigm will alter the course of civilization.

A Social Algorithm?

Unfortunately, Google cannot organize knowledge directly because knowledge exists only within the consciousness of living, breathing humans. Instead, busy little Google spiders scour the Internet looking for high rates of change of information and they use that as a proxy for “knowledge”.

It Takes Currency to Make Currency

Immediately the engine of entrepreneurialism will ignite as people figure out new ways to play the game. With a trillion dollar advertising industry, a trillion dollar Professional Placement industry, and a trillion dollar recreation/leisure/entertainment/family industry on the ropes, you can guarantee that innovation will be absolutely intense. Welcome to the Innovation Economy.

Creative Capital – The Silent Hero

Social capital, intellectual capital and creative capital are the factors of production for the Innovation Economy; next economic paradigm.

Transformation of Wisdom; Garbage In = Garbage Out

For example, if data are corrupted, then everything that follows becomes corrupted; hence the advanced mathematical equation: “garbage in = garbage out”. Few people realize that at the end of the relationship, the wrong wisdom creates the wrong data and therefore “garbage out = garbage in” starts the process all over again.

Henry George; When Old Ideas Are New Again

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.

Matrix: How Facebook’s ‘Community Pages’ and Privacy Changes Impact Brands

While there’s been plenty of coverage about user privacy concerns, attention on Facebook’s changes on brands hasn’t been adaquently covered, this analysis is intended to unravel what’s at stake –and what brands should do. I’ve spoken to a handful of brands and their representatives to learn what’s eating at them. This is one of those posts to forward to your web team, agency partners, and to Facebook themselves.