A Technoligcal Singularity ushers in a new era in prosperity. Previous singularities included the agricultural and industrial revolution. Information technology was not a singularity. It didn’t result in a step change in to a new growth level, but did underly positive GDP growth for the last few decades.…
We published the presentation “Wisdom Networks crowd create the Network Society” on slideshare. We have, finally, a good presentation that may communicate the concept of Wisdom Networks and enabling the Network Society. We will be releasing smaller presentations on other applications of Wisdom Networks.…
NYSE Euronext (NYX) has taken the initiative and established a startup to create a transparent European equity market to support SME’s. The initiative also aims make an active contribution to countries and support individual government initiatives.
NYSE Euronext launches the SME marketplace
NYSE Euronext launches the SME marketplace
by NYSE Euronext News Release, 30th April 2013
Extract
“Aware of the challenges facing businesses in search of funding, NYSE Euronext (NYX) is beefing up its strategy and resources for small and medium-sized companies (SMEs) by launching a subsidiary dedicated to these businesses on 23 May 2013.”
The project was developed in conjunction with market participants and is a key component of a dynamic financing framework designed especially for SMEs.…
The Corporation may, as a result of CSR or IEE processes, choose a business model that supports crowd creating free (or open source) software, innovation, wisdom and the Networked Society.
Youtube: What most schools don’t teach
Published on 26 Feb 2013, Code.org
Starring Bill Gates, Mark Zuckerberg, will.i.am, Chris Bosh, Jack Dorsey, Tony Hsieh, Drew Houston, Gabe Newell, Ruchi Sanghvi, Elena Silenok, Vanessa Hurst, and Hadi Partovi.
Extract:
Code.org is a non-profit foundation dedicated to growing computer programming education.…
The recent Cisco Internet of Everything (IoE) report reveals that $108b of value will be created (or migrated) through to 2020 as a result of connected healthcare and patient monitoring made possible by the Internet of Everything (IoE). This post provides greater detail and also includes a (pre Wisdom Network) presentation on Health 3.0.…
Internet of Everything: It’s the Connections that Matter #IoE [Infographic]
by Dave Evans, Chief Futurist, Innovations Practice, Internet Business Solutions Group, Cisco, November 29, 2012
Extract:
“It is important to understand that the real value of the Internet of Everything (IoE) lies in both the number and value of connections.”
“With this in mind, Cisco is currently determining the value that comes from a more connected economy.…
Article: ‘Internet of Everything’ to generate $14.4 trillion in value through 2020, predicts Cisco, Enterprises must transform to tap into business opportunities, February 25, 2013 | By Fred Donovan
Extract:
“Cisco (Nasdaq: CSCO) predicts the “Internet of Everything” will generate $14.4 trillion in value through 2020, creating a significant business opportunity over the next decade.”
“Businesses must transform themselves to take advantage of the potential profits and cost savings from the Internet of Everything, which is the interconnection of people, processes, machines and objects, Cisco said in a new report.”
The main factors driving this development are $2.5 trillion from reduced costs through asset utilization, $2.5 trillion in improved employee productivity, $2.7 trillion for eliminated waste in supply chain and logistics, $3.7 trillion in improved customer experience and $3 trillion in reduced time-to-market through innovation.…
Draft made available to invite comments. Final published within 48 hours.
Tim Berners-Lee current trip to Australia and my recent interaction with the Open Data Institute prompted some thought about Open Data. To derive economic benefit, data needs to be available by URL, tagged, linked and shared community-wide by the individuals and organisations that have an interest in it.…
The purpose of this article is to discuss the 6 stages to achieve Wisdom. These stages apply universally to economic development, organisation structure and information technology given a wisdom network is (probably) the next stage in the evolution of these previously separate outcomes. Management technology, information technology and global governance are all moving toward the cloud. While intuitive that everything moves to the cloud, the means and method by which it can be achieved has not been identified.
McKinsey Quarterly just interviewed Don Tapscott about “Making internal collaboration work”. It added to an excellent TED talk Don Tapscott gave IN June 2012 titled “Four principles for the open world”. I highly recommend it. The most memorable part came at the end where he equated the organisation of wisdom of crowds to a murmuration of startlings.…
TED Talk: Daphne Koller: What we’re learning from online education
Key points
“College is a place where a professor’s lecture notes go straight to the students’ lecture notes, without passing through the brains of either – Mark Twain“
Removing physical constraint of a require teacher to student ratio by using the wisdom of crowds: peer grading is an effective strategy for marking student assignments and exams.…
Mary Meeker produces an annual state of the internet report. Her 2012 report is enclosed below. I recommend you read it.
KPCB Internet Trends 2012
View more presentations from Kleiner Perkins Caufield & Byers…
I just received an email by a friend telling me about the latest Seth Godin blog post and initiatve. I have a passionate interest in applying Web 3.0 to fields of human endeavour. Seth’s email and initiative highlights the possibilites of applying Web 3.0 to education.…
For decades, enterprise software has been designed to support business processes. These business processes were defined by the organisation. The organisation’s management model was based on the Web 1.0 proprietary hierarchy. As we have described many times before, the world is in transition from Web 1.0 proprietary hierarchies to Web 3.0 open networks.…
The SOPA (Stop Online Piracy Act) and PIPA (Protect Intellectual Property Act) laws could go beyond an ineffective attempt to protect intellectual property and be applied to undermine the open community network (ie internet) that will be the foundation for economic development, productivity, transparency and meritocracy for the next generation.…
I have just published a new presentation at Slideshare titled “MANAGEMENT 3.0: An open source software update to digital, community ecosystems (from analogue, proprietary hierarchies) across organisation, industry, national and global endeavours“. I have also establish the Management 3.0 group to provide an example of organisational sub-groups.…
I have just published a new presentation at Slideshare titled “Health 3.0 (National): A cloud-based Central Brain to enable Management 3.0 within a National health system … including industry and medical record collaboration“. I have also establish the Health 3.0 (national) public group.…
My recent entry in the Beyond Bureaucracy Challenge
Part 2 of the McKinsey HBR M-Prize is called the The Beyond Bureaucracy Challenge. I have lodged a entry The Management 3.0 “Central Brain” platform enables integrated Digital Ecosystems spanning organisations, industry, national and global endeavours.…
I reviewed the Global entertainment and media outlook: 2011-2015. It states that over the next five years, successful enterprises will become an “interconnected collaborative digital ecosystem” with technology becoming the enterprise and facilitating collaboration across the industry. Technology ceases to be a isolated enabling element.…
A member of my Google+ circles asked me the following question:
“Marcus, I was reading much of your website and your theory on Web 4.0. In the last week, I’ve said that once Google integrates all of it’s entire App products (Business+Education),Gmail, Google Docs, etc into Google+, it will set the foundation for Web 4.0.…
I stumbled across the following LinkedIn discussion.
UN call for revolutionary thinking and action to ensure an economic model for survival… How to make this happen?
Extract:
“Warning for global suicide and time running out, Ban ki-moon called last Friday at Davos for revolutionary thinking and action to ensure an economic model for survival.…
NOTE: I posted this article in the LinkedIn NBN Group. I have added it here as a post.
If you could create a “Central Brain” (or Facebook) in 5 days to focus the effort and wisdom of 2 Billion people, what problem would you solve?…
I have submitted three ‘Hacks’ to the McKinsey-HBR M-Prize today:
Management 3.0: The Web 3.0 “Central Brain” to coordinate innovation, collaboration, workflow and outcomes across industry and across the world
Economic Development 4.0: A ‘Central Brain’ to organise community innovation, collaboration, wisdom and effort to prioritise and achieve global outcomes
Equity Market 4.0: A ‘Central Brain’ to organise community innovation, collaboration, wisdom and effort to achieve a global capital market
You can review them by clicking here or one of the links above.…
A social network could provide a "helicopter view" to understand and a "central brain" to focus a country's innovation ecosystem on outcomes. It is today's solution for yesterday's problem. Specifically, Equity Market 4.0 could be used to connect and coordinate a community with a common interest in managing an innovation ecosystem and maintain diversity that may be lost with centralisation. The community would need to be large enough and dispersed enough to warrant the use of a Web 3.0 network. Equity Market 3.0 could be delivered within 5 days and customised for use with 30-90 days. It could be used by a country, group of universities, industry associations, research organisations and their partners or globally.
Quick summary of Economic Development 4.0 (The Economic Development 4.0 presentation is embedded at the end of this post)
Economic Development 4.0 is how the world works after applying Web 3.0 (or Facebook) networks to social, industrial and political endeavours
Web 3.0 person to person networks overcome the design limitations of Web 1.0 hierarchies to deliver global transparency, meritocracy, productivity, accessibility and better decision making
We can create the Web 3.0 networks on the Critical Path to Economic Development 4.0 in 90 days.…
Open letters are a crued Web 3.0 network in a world that does not have Web 3.0 networks. A Web 3.0 network allows a person to see through a community to see the value of a connection before they connect. The tags would identify (1) who they are, and (2) what they want to do.…
An Equity Market 3.0 strategy is better, cheaper and faster than industry consolidation and could be delivered in five days and publicly available in 90. Stock exchanges are the ideal place to engineer and inspire the use of Equity Market 3.0 for national and international benefits.…
Your TED presentation on prioritising the solutions to global priorities was insightful. Innovation is incremental and I wanted to offer Web 3.0 networks as a structure that overcomes the design limitations of Web 1.0 to deliver a more effective means to prioritise and implement solutions to the many problems confronting our world.…
This is my second application in the M-Prize competition. The first was for Equity Market 3.0. My Economic Development 4.0 M-Prize application can be reviewed here.
The M-Prize
“
In the first leg of the Harvard Business Review-McKinsey M-Prize for Management Innovation, we’re inviting management innovators from around the world, in every realm of endeavor to share the most progressive practices and disruptive ideas that illustrate how the governing principles and tools of the Web can make our organizations more adaptable, innovative, inspiring, and accountable.…