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Wildcat2030 wildcat

Tangible Knowledge & Social Media : Victor Godot - 7 views

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    Here's an interesting description by D. Roberts about social media as a collection of knowledge assets that have to be organized, in order to achieve what he calls "Tangible Knowledge, the Holy grail of finance".
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    I see the truth of what he is saying...BUT... There is another face to making knowledge tangible. It has been sought by Management to extract knowledge from Labor, so as not to be held hostage by the demands of the Old Master Craftsmen. This is an extension of the beginnings of the Factory Age. My problem is this, my basic value as a human is based in part (the professional or my "way of making a living") on the knowledge and skills I maintain within myself. It is true that I devalue, by some amount, a particular bit of knowledge or skill (call it a "knill") every time I teach or even allow others to observe any of the process by which I produce a tangible result for them. My possible difficulty is this: once my knills have been made tangible, are cataloged and marketed, my means of supporting myself become transplanted into the realm of the physical, similar to the environment my tools live in. Right now someone can steal my screwdriver and I can get another, but my knowledge of how to use a screwdriver remains with me. Once I have sold, or had stolen, or lost my knills, where do I maintain personal value?? Constantly creating new knills?? Finding markets for my old ones?? I know in reality this argument is extreme, but I am always cautious about the boundaries between what we keep in our heads and what we manifest outside the safe confines of the skull. I guess packaging and selling my knills seems somewhat like selling my memories or dreams. I know I don't lose them but finality of making a particular knill tangible leads me to want to ponder valuation carefully and on a case by case basis. Don't get me wrong, I am excited about the concept and interested in implementation, but I am also always seeing the cloud for each silver lining...
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    my buddy and I had a deep conversation about this one evening, if only we had fully intermediated existence I could link to it for you - one of the themes here was if we create a global market for skills you devalue the skills - that said just as you would not give a code job to a guy in india because he is cheaper than a local guy, you would not see a global market for skills become commoditized. Other dimensions of value come into play, most specifically trust. If I know a local coder does adequate work, but know nothing about the guy in india, or anyone who can 'accredit' that skill, I now am at third party accreditors (like Uni. of Delhi) to accredit his skill. Not terribly compelling. Gets into the transitivity of trust as well, had a great conflav with james choate on that one on twine... At the end of the day trust is fundamentally scarce as it is based on another fundamental scarcity, attention, which we all, being finite beings posess a finite amount of - with pharma and fitness one can improve net personal attention but you can generally not affect gross personal atttention terribly much (healthy living I suppose and advanced medical care). As attention is scarce thence trust is scarce and since skills must be accredited by direct or indirect experience there will never be the collapsing of skills into commodity pricing knill's are a little more interesting in that an algorithm can be made into infinite copies, in this case the IPR functions of *net come into play - you publish your knill and everyone who turns that knill into a liquidity event pays through to you.
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    I see a little of what Kurt mentions on a regular basis. Although gainfully employed full-time (for now) I do keep track of freelance activity in my field(s) via several groups. One of them, ELance, always posts some really cool jobs in computer animation and visualization, mostly for architectural renditions, animations, fly-overs, and the occasional gaming environment. One such post this past week was for a firm seeking an on-going relationship with a projected value of $10k to $15k per project. http://www.elance.com/jobs/3d_architectural_visualization/graphic_design_animation/18971350 Within hours, the sealed bid replies to this job were in the hundreds--many from the Far East, and likely for dirt cheap. Now the interesting thing at ELance is that as you win bids, you build up feedback and reputation scores, which add to your profile. You can also take on-line qualifications exams to verify your skills in a particular program or software, so as Kurt says--third party trust is of major importance. I don't like to see this stuff, because I know most jobs go to the cheapest bidder, potentially locking me out of the market.
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    the only reason they can underbid with equivalent (assumed for argument's sake) skills is that their cost base is lower - three options, move to a cheaper local like bali (pretty nice, and until recently relatively terrorist free as the only hindu island in indonesia, dirt cheap living) to reduce your cost base, wait for the third world prices to come up (perhaps takes longer than our lifetime) or do great work that can't be duplicated (rockstars set their own prices). Otherwise focus on local work where face2face is still valued. This world is coming, so owning the medium is not a bad strategy. do post Elance on taanstafl and *net reputation and *net trust- I'll go set up reputation if it isn't already
frank smith

Nice start on this topic frank! thanks! - 6 views

Oh...and YOUR WELCOME KURT!!! teehee

frank smith

Wiki definition for Gift Economy" - 1 views

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    In the social sciences, a gift economy (or gift culture) is a society where valuable goods and services are regularly given without any explicit agreement for immediate or future rewards (i.e. no formal quid pro quo exists).[1] Ideally, simultaneous or recurring giving serves to circulate and redistribute valuables within the community. The organization of a gift economy stands in contrast to a barter economy or a market economy. Informal custom governs exchanges, rather than an explicit exchange of goods or services for money or some other commodity. Various social theories concerning gift economies exist. Some consider the gifts to be a form of reciprocal altruism. Another interpretation is that social status is awarded in return for the gifts.[2] Consider for example, the sharing of food in some hunter-gatherer societies, where food-sharing is a safeguard against the failure of any individual's daily foraging. This custom may reflect concern for the well-being of others, it may be a form of informal insurance, or may bring with it social status or other benefits.
frank smith

Tanstaafl - 1 views

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    Excerpt from Heinlein's book "the moon is a harsh mistress" where the term was popularized.
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    one of my all-time favorites. 'specially the part about flying in the air circulator.
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    yeah me too. kind of a retelling of the American Revolution mixed with the Australian Experience.
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    That reminds me, I used to be a REAL SciFi fan, in grad. school, and I'd like to get back to reading Heinlein's, "The Moon is a Harsh Mistress!"
frank smith

Gift Economies are a reaction to abundance, rather than scarcity - 0 views

This is a basic premise, which is supported by the wealth of digital resources we have at our disposal. But how to translate this reality into an abundance of physical goods?

altrusism philosophy share shareware freeware gift giving receiving gift economy

started by frank smith on 18 Jan 10 no follow-up yet
François Dongier

Boxee Plans a Payment Platform for Premium Internet TV - 0 views

  • The details are still being worked out, but Boxee will charge a small fee for the transactions (the plan is to charge less than the 30% that many other app stores and content ecosystems charge). By doing this, Boxee is, in their words, “[tying] our success as a business to the success of our partners.”Having micro-payments built into Boxee has huge implications for the platform as a whole. Right now, the only downside of a system like Boxee is that although more and more partners are signing up to offer content through the service or offer an enhanced experience, when it comes to getting movies or TV shows that are accessible through platforms like iTunes or VUDU or CinemaNow, users are out of luck. This gives Boxee as a platform the opportunity to offer those enhanced options.
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