Tag Archives: revolution

Why A Decentralized, Digital Economy Is A Magnet For Innovation

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Decentralized, open sourced economic action is the way forward. Instead of the centralized and highly hierarchical economic models of the 20th Century, the 21st Century (or at least much of the 21st Century) will be defined by organic and evolving economic activity.
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Bitcoin is here baby! And it mystifies many

Relatively early days.

Relatively early days.

I was talking with my wife the other day about how Bitcoin only 3 years ago was an obscure experiment engaged in by cyber-punks and anti-central bank people. It was really an anarchist effort (in the good sense of maximum freedom, not in the bad sense of throwing Molotov cocktails.) Totally on the fringes. It was $3 a Bitcoin back then. Now it’s $758.
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Want a Job? Learn how to work big data.

4 years ago I founded a small social media constancy. The idea was to manage the coming deluge of social media for businesses. Turned out to be a pretty good idea.

At first many businesses didn’t believe that social media was going to be as important as it has become. What seemed completely obvious to me was still not obvious to most businesses even into 2009. Then people began to wake up and the rest is history. Before I knew it I had Fortune 1000 companies emailing me. Companies which just 9 months before had no interest.

It has been a fascinating ride and one with many twists and turns.

Social media is by its nature a constantly evolving thing. This is one of 2 great challenges for businesses in today’s online world. Should a business spend time developing a Google+ presence? Many did. Not such a good idea, at this point. What about Foursquare? What happens if a company spends a million dollars on a social media engagement strategy only to have the environment turn on a dime?

The other great challenge is managing the crush of information which comes from doing social media well.

I can say from experience that this is a colossal task, and one that people have not yet figured out. So if you know how to run algos and know how to pick good trees from the forest, I suggest you look long and hard at a career in big data. It’s only going to get bigger.

Click here for more on this in the Huffington Post.

Digital Energy May Prove the Cheapest Energy of All

How are we going to deal with the ever increasing energy demands of a growing global population?

As the developing world comes increasingly into the 21st Century, the demands of these people for a better way of life, what has been an energy intensive way of life, will only increase.

This (if nothing changes) will increase instability across the planet. Our world doesn’t need too much more of that.

Then how do we solve this problem? How do we make the good life available to hundreds of millions of new people without completely destroying everything?

The CEO of The Future 500 (of which TPJ is a part) Bill Shireman, thinks that at least part of the solution lay in innovation. We must do more with less. We must become more efficient to prosper in the 21st Century. This really is the only option.

Click here for THE NEXT ECONOMY by Bill Shireman.

The Revolution Is Being Tweeted?

 #OccupyWallStreet gives anyone who wants a voice at the protests a voice, no matter where they are physically.

 

As I wandered through the Occupy DC protests on Thursday I must admit that I did not agree with every sentiment I saw scribbled on a placard. However, I did rejoice in the fact that people were in the street making their voices heard.

And they are being heard.

Word of #OccupyWallStreet has gone out around the world, largely via social media, and many people have responded. Where a few weeks ago there were only a handful of protesters in New York, now there are thousands in almost every major city in the US. This would not have happened without social media.

I wrote earlier about the initial lack of coverage of the protests. The main stream media, a couple of weeks ago was paying no attention to the kids in the streets . Now they are falling all over themselves to cover the story. Again this would never have happened without social media.

#OccupyWallStreet, or #OccupyWallSt, or #OWS gives anyone who wants it a front row seat at the protests. One can adjust as needed to follow what is going on in one’s particular city.

For instance #OccupyAtlanta has some interesting tweets associated with it. It was by using this hash tag that I learned that the congressman and civil rights leader John Lewis had not been allowed to speak at the protests in Atlanta. The video can be seen here.

http://www.youtube.com/watch?v=3QZlp3eGMNI

Hashtags also allow opposing viewpoints to weigh in.

Again a good example is #OccupyAtlanta. Just looking at the Twitter feed again there seems to be one contingent of pro-protest people who are shocked by the rejection of Lewis. There is another that is furious. There are some that are supportive of the rejection. Still others, who are anti-protest, are taking delight in the refusal.

The point is there is a pitched battle of ideas being waged online around these hash tags. If you want to see what is really going on in the streets, don’t look to CNN, or Fox, or MSNBC, use Twitter. Hashtags allow for a form of open source policy making. People riff off of one another and the complexion of the protests changes just a bit with each tweet. Sometimes, depending on who is doing the tweeting it can change a lot.

The stock market isn’t the only volatile market of consequence these days. The online “market of ideas” is more dynamic than it has ever been.