Tangible Knowledge & Social Media : Victor Godot - 7 views
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Wildcat2030 wildcat on 23 Jan 10Here'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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fishead ...*∞º˙ on 31 Jan 10I 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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Kurt Laitner on 31 Jan 10the 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