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Australian Wisdom:
National Wisdom Network (NWN) crowd creates "Australia 3.0",
productivity, growth and Network Society
WISDOM NETWORKS
rapid jump in productivity, growth and
by reshaping human time and attention with the internet
society returned to wealth creation
INFORMATION AGE
Exhaustion - flat or declining productivity,
fragmented, opaque, information technology,
diminishing returns from the hierarchy,
society reduced to debt funded growth
and wealth transfers
PROGRESS
Please share! Current version at http://is.gd/wnau30
@marcuscake WisdomNetworks.im CC BY-NC-SA 3.0
Distributed economies, society or communities are today’s structure
to deliver productivity, sustainability and growth …
100 year old centralised structures are socio-economically and environmentally unsustainable
Distributed economies (DE) are “a fresh strategy to guide industrial development towards becoming more
sustainable. The concept calls for a transformation in the industrial system towards DE departing from the
socio-economically and environmentally unsustainable dynamics associated with large-scale, centralised
production units that are favoured by neoclassical economic drivers.”1
100 year old structures from the industrial Revolution
Hierarchies use point to point communication and put
2 information elements in the internet
Today’s structure
Wisdom Networks enable peer to peer collaboration
and put all 6 information elements in the internet
1. Distributed economies – A new engine for innovation, Allan Johansson, The International Institute for Industrial Environmental
Economics, 2005 ( http://www.sciencedirect.com/science/article/pii/S0959652604002719 )
Image source: Wikipedia
People are evolving toward digital "books" shared with everyone, everywhere, anytime
across all communities ... and crowd creates the next an era of distributed prosperity!
Facebook brought "books" to social in 10 years
Facebook reduced social interaction to books of “things” that could shared
with anyone, everywhere and restructured global social time and attention
and achieved transparency and meritocracy in less than 10 years.
Wisdom Networks bring "books" to everything else in 2-5 years
Wisdom Networks will reduce organisations, industries and society to
books that can be shared with anyone, everywhere, anytime and
transform organisations, industry and the remainder of society within 2-5
years.
Only 30 networks required to achieve distributed prosperity?
As few as 30 wisdom networks can transform society and achieve
distributed prosperity. Each can be launched within 90-180 days and
achieve critical mass within 2-5 years.
Hierarchy
(individuals have influence)
Shared Digital Books
(everyone has influence)
HEALTHINDIVIDUAL
GOVERNMENT
INDUSTRY
Doctors, nurses
and patients
GOVERNANCE
Government
Department(s)
EQUITY MARKETStock
exchanges
ORGANISATION
EDUCATION
Teachers and
students Politicians
SME's, investors
and advisers
Wisdom Networks crowd create the Network Society
We need wisdom productivity, growth and wealth to sustain society
Wisdom Networks crowd create productivity, growth, transparency, and
distribute influence across the Network Society in shared books
DEMOCRACY
History shows us that all communities evolve and produce more with less over time
Wisdom Networks lift potential output from 18% to 57.5% ... 3.15 times the output!
Wisdom Networks lift community output from 18% (Information Age) to 48.75% by lifting productive work time from 28% to 75%
Wisdom Networks expand access and capture community contribution and add 8.75% ... global contribution a bonus!
PEOPLE
PRODUCTIVE
WORKTIME
65%Workers
28%
HIERARCHY
(Services sector)
POTENTIAL GAIN
TO HIERARCHY
OUTPUT by
restructuring
human time and
attention)
100%
NON
SERVICES
POTENTIAL
GAIN FROM
NON
SERVICES?
Non-workers
WHAT CAN THE CROWD
BE MOBILISED TO DO?
POTENTIAL GAIN FROM
NON HIERARCHIES?
75%
POTENTIAL PRODUCTIVE OUTPUT OF ANY COMMUNITY
(ORGANISATION, INDUSTRY OR SOCIETY)
18.2%
Hierarchy output
Information Age output
can never exceeds 18% of
potential output
(contribution limited to
hierarchies)
Extra 30.55%
from Wisdom
Wisdom Networks can
achieve 48.75% of
potential output
(productive time
increases from 28% to
75%)
Extra 8.75%
from community
Wisdom Networks can
organisation
contribution from
outside hierarchies
everywhere
Add ?% from
Global Community
Wisdom Networks can
capture contribution from
the global community
virtually!
Growth bonus!
DISTRIBUTED
DECENTRALISED
WISDOM NETWORKS
PROSPERITY
Shell defines WHAT? two alternative scenarios are in our future ...
Wisdom Networks are HOW? we crowd create a better world and prosperity
@marcuscake WisdomNetworks.im CC BY-NC-SA 3.0
STATUS QUO
CENTRALISED
INFORMATION AGE
STAGNATION
Source: 1
Shell News Lens Scenarios (is.gd/newlens)
Mountains (Shell scenario)
"The first scenario, labelled “mountains”, sees a strong role
for government and the introduction of firm and far-reaching
policy measures. "1
"This is the world with status quo power locked in and held
tightly by the currently influential. Stability is the highest
prize: those at the top align their interests to unlock
resources steadily and cautiously, not solely dictated by
immediate market forces. The resulting rigidity within the
system dampens economic dynamism and stifles social
mobility." 1
Oceans (Shell Scenario)
"The second scenario, which we call “oceans”, describes a more
prosperous and volatile world. Energy demand surges, due to
strong economic growth. Power is more widely distributed and
governments take longer to agree major decisions. "1
"Influence stretches far and wide in the world of Oceans. Power is
devolved, competing interests are accommodated and compromise
is king. Economic productivity surges on a huge wave of reforms,
yet social cohesion is sometimes eroded and politics destabilised.
This causes much secondary policy development to stagnate,
giving immediate market forces greater prominence."1
Who will choose (and create) the future?
People, corporations or goverment
We could implement this future
in 2 - 5 years
We could be in a "trapped
transition" for another 16 years
Information
technology
Wisdom
NetworksHierarchy
Wisdom Networks crowd create
distributed prosperity
Productive
time worked 28% 75%+
Productive
time worked
Standard of
living
Standard of
living
Productivity -2% to 1%
(& declining)
Exhaustion
(Wealth transfers)
Information
Society
Prosperity
(Wealth creation)
Global
community
Wisdom
Books
Countries
Network
Society
Productivity
Private networks Internet of
Everything (IoE)
Institutions
Community
(Crowds)
The Path of
decline
Apathy
Unemployment
Expenditure
exceeds income
Debt
Fraud
Bankruptcy
Conflict
The Path to
Wisdom
@marcuscake WisdomNetworks.im
CC BY-NC-SA 3.0
Information Age ends with
centralised stagnation
We can evolve to
the next stage ...
by implementing
Wisdom Networks
to focus the
wisdom and effort
of the community
Open
platforms
Proprietary
solutions
ContributionConsumption
18% 55%+Very Low Potential
output
High Potential
output
Organisations, industries and countries choose their pathway to
the future ... "trapped transition" (by default) or "Punctuated reform"
Punctuated reform
(productivity, growth)
"When stresses rise, and a crisis emerges, some actors
exhibit relevant forms of resilience that enable them to
adapt and reform. "1
"Financial, social, political or technological capital
encourage early action and result in effective
change/reform."1
Trapped transition
(drift, decline, collapse)
"Others, however, struggle until the crisis escalates to a
level that enforces either dramatic and painful
restructuring or collapse."1
"Financial, social, political or technological capacity
prove inadequate to withstand stresses. Behavioural
responses delay change, causing conditions to worsen
until ultimately a reset is forced or a collapse occurs."1
Source: 1
Shell News Lens Scenarios (is.gd/newlens)
@marcuscake WisdomNetworks.im CC BY-NC-SA 3.0
Australian productivity became zero or negative in 2003/2004 ...
living standards have been maintained by government and household debt and above average terms of trade
"Productivity growth is a means to an end. It is an
important determinant of long-term economic growth and real
per capita income growth, which in turn are crucial (but not the
only) determinants of living standards and wellbeing"
Historically, productivity growth has made a major
contribution to real output growth in Australia. In the six
productivity cycles (see box 2) between 1973 and 2004,
around one-third of the growth in market sector output was due
to MFP growth — that is, to Australian businesses generating
more output per unit of inputs (Figure 2). The rest of output
growth reflects the addition of more inputs, in particular
consistently strong growth in capital inputs.
Absent the improvement in productivity growth, real
output growth and living standards in Australia over
this period would have been considerably lower
For much of the period that MFP growth has been zero or
negative (that is, from 2003-04 to 2011-12), real incomes
(gross domestic income) in Australia have been boosted by an
increase in the terms of trade .... a broader return to positive
MFP growth is essential to Australia’s longer term economic
growth prospects" (p7)
Extract - PC Productivity Update April 2013
Australian Productivity Commission
Improving
standardofliving
Declining
standard ofliving
2003/04
Source: Australian Bureau of Statistics
Productivity is declining worldwide ... the Information Age is exhausted!
Further investment in the status quo will not improve
productivity, growth or standard of living
Productivity is declining, or negative, worldwide
Law of diminishing returns means returns
approaching zero and GDP is capped
The best GDP growth the USA can achieve is 1.8% -
half the growth of the last 50 years. Australia may
also have a growth cap
Like all "general purpose technology" in history, the
first generation has used the internet to speed up the
status quo ... no technology revolution in these
productivity figures!
Only restructuring human time and attention with wisdom networks will provide
a radical jump in productivity, growth and wealth to sustain society
Information
technology
CountriesHierarchy
WE NEED TO MOVE FROM THE
INFORMATION AGE - IT'S EXHAUSTED
CRISIS
Declining or negative productivity and stagnant growth
has reduced society to wealth transfers and a zero sum
game
WISDOMOnly restructuring human time and attention can
deliver a radical jump in productivity and growth to
improve outcomes
DECLINE
Further investment in the status quo will not improve productivity,
growth
or our capability to resolve future problems
Wisdom
Books
Wisdom
Networks
Network
Society
Wisdom Networks could double, triple or quadruple productivity of every employee by
restructuring human time and attention...
sources include reclaiming travel time, reclaiming identified wasted time, restructuring unproductive work time and gamification
People acknowledge they waste at
least 18% of their worktime... as below
72% of work time is
unproductive
Of their day, people spend 44% at work,
17% leisure and 8% on travel
Only 28% of work time
is productive
Source: Ernst and Young Australian Productivity Pulse: Wave 1 (October 2011) and Wave 2 (May 2012) - is.gd/autime
Reclaiming half of travel time
increases productivity by 10%
Reclaiming acknowledged wasted
time increases productivity a
further 20%
Restructuring 30%, 60%, 90% of
unproductive work time lifts productivity
by 100%, 200% and 300% respectively
up to 72% of work time is unproductive
Devices
Family
Individual
Organisation
Democracy
Innovation
Education
Equity Market
Health
Economic
development
Knowledge
(Books timeline
& Maps)
Wisdom Networks make use of Internet of Everything (IoE)
a cloud of things, books, communities, process and outcomes distributed among people
The second generation uses the flexibility of
the internet to restructure human time and
attention to deliver a rapid jump in
productivity and growth
Society currently distributes multiple copies
of "things" amongst people ... wisdom
networks bring the people to one "thing"
How we connect?
Every community is reduced to 6 types
of "Things" which are tagged, linked ,and
shared to create "Books" which
consumers push through a process to
achieve outcomes
DATA
1. Available (or Open)
2. Structured
3. Non-proprietary format
4. URL’s
INFORMATION
5. Privacy and security
6. Tag
7. Share
COMMUNITY
8. Accessibility
9. Adoption
10. Gamification
COLLABORATION
11. Accountable and accurate
12. Workflows push to completion
13. Meritocracy
KNOWLEDGE
14. Link
15. Peer to Peer
16. Transparent
WISDOM
17. Interoperable
18. Priorities
19. Outcomes
20. Prosperity
Wisdom Networks drive a 6 stage Process
to assemble information, reveal knowledge, and organise action toward outcomes
Wisdom Networks put more of society's interaction in the cloud
and integrate everything
Networks
Mobile voice Messaging Media Cloud
GDocs
DropBox
Skype
SugarSync
LinkedIn and other social networks
WhatsApp
AsanaGoogle Hangout
Link to other "Things" by URL
Books MapsTimeline
Individual Organisation Health Equity Market
Innovation Management Government Education
Economic Development Democracy
Profiles
Groups
Forms
Media
Files
Workflow
Events
Tasks
Tags Links Sharing Groups
NATIONAL WISDOM NETWORK
Web 4.0
Global Integration
1990 2020
Web 3.0
Industry
collaboration
Web 1.0
Information
Distribution
Web 2.0
Social
Participation
Wisdom Networks add community,
collaboration, knowledge and wisdom ... to
data and information already in the cloud
Wisdom Networks integrate existing data
and information technologies
Wisdom Books are how people share knowledge and focus wisdom in a Network Society
Wisdom Books are a comprehensive and efficient means of person to person communication
PatientBook
My health record
DoctorBook
Doctor writes me a prescription
GOVERNANCE
DEMOCRACY
DoctorBook
(What new "things" have
happened to my patients)
PharmacistBook
my new prescription appears in
Pharmacist dashboard in real-time.
Pharmacist arranges delivery
HospitalBook
(reviews information about
hospital, book a procedure
CitizenBook
(all my government
interactions, drivers
license)
PoliticianBook
(review politicians policies, comment on
his health policy, complain about
progress on community centre)
BureaucratBook
(review bureaucrats projects and
progress on construction of local
community centre)
MechanicBook
Check reviews, book car in for
service, specify tasks
CarBook
Mileage, service reports,
real-time data - shared with
mechanic
RestaurantBook
(read reviews, check
availability make bookings)
BoardBook
participates in virtual board
meetings, review minutes,
information, discussion,
questions, online poll
ShareholderBook
(review annual reports.
complete proxy form, RSVP to
meeting invitation, online poll?)
CourseBook
meetings (tutorials), lectures
(event management),
assignments, exams
InsuredBook
My insurance policies
ClaimBook
(assemble insurance claim online -
shared with assessor)
InsurerBook
Product information, book meetings,
complete forms online
John Smith PatientBook
(review his xray shared by radiologist, start
discussion, set task for John to have a more
detailed XRay, "Referral" for 2nd XRay
added to PatientBook
StudentBook
profile, assignments
HEALTH (PERSONAL)
WORK
FINANCIAL
MARKET
EDUCATION
ManagerBook
Manage Executives
TeacherBook
profile, courses
ProductBook
My insurance, equity
and debt
OrganisationBook
My workplace
GovernmentBook
all my government interactions,
drivers license, tax
FederalBook
All Federal Govt "Things"
StateBook
All State Govt "Things"
LocalBook
All Local Govt "Things"
SchoolBook
(profile, current courses
DirectorBook
Direct managers
ExecutiveBook
Execute job
Real-time knowledge,
action and wisdom about
every "thing" and every
book
GOVERNMENT
CONSUMER
HEALTH (DELIVERY)
AcountantBook
Tasks assigned to
accountant, availability,
check reviews
LawyerBook
Tasks assigned to lawyer,
availability, check reviews
PropertySaleBook
(read profile, review video, check
availability make bookings)
RentalPropertyBook
(read profile, review video, check
availability make bookings)
UniversityBook
(profile, current courses
VentureBook (a list of
ventures for assessment, due
diligence, completion or
monitoring)
M&ABook (a list of M&A
opportunities for assessment,
due diligence, completion or
monitoring)
InvestmentBook (a list
of investments across multiple
asset classes ... includes many
OrganisationBook and
ProductBook.
ProductBook (details of
a product, its attributes and
"things" (organisation,
compliance, events) linked to it
Insurer
"things" are created, tagged and linked in a minute and appear in "books" instantly ...
community has real-time knowledge, action and wisdom!
health example below ... others include education, management, equity market governance ... everywhere!
Patient
All "things" linked to a patient
Pharmacist
Carer
"Things" linked to a carer
Doctor
All "things" linked to a Doctor
Radiologist
Device (data)
Prescription
Patient plan
Claim
X-Ray
KNOWLEDGE
WISDOM
THING
Doctor sees all content of Patient(Book)
Course
Association
BOOK
Research
Medicine
Clinical Trial
Carers can
see and (if necessary)
control PatientBook
Prescription delivered to
pharmacist instantly
KEY
Referral
Patients can check
availability and book
meetings instantly
Journal
Every "book" is focused on outcomes ... you can assemble how
"things" come together in the future to achieve them
Each Book defines outcomes "Things" appear in a timeline
You can assemble and see how "things"
(information, community, collaboration,
knowledge, wisdom) come together
● Past: Audit trail ( list of past "things") for
accountability
● Present: organise everything today and let
it unfold tomorrow
● Future: Project plan (a list of future
"things") to focus or schedule future
community effort
Meritocracy
Transparency encourages
accountability
Collective knowledge achieves
meritocracy
Wisdom Networks are exponentially better than hierarchies
Wisdom Networks deliver transparency, meritocracy, accessibility, efficiency, outcomes
Hierarchy - more process, less outcomes
Hierarchies do not scale well. They can't get the best, or save us
from the worst, of all individuals all the time.
The more people that are added to hierarchies ... the less efficient
and effective they become. Larger results in more process and
less outcomes.
The law of diminishing returns means we need to reshape the
status quo.
Hierarchies duplicate many things and effort in organisations, local
communities, industry, nations and across the world.
Executives
(execute tasks)
Managers
(review and focus)
Directors
(define outcomes)
Information Age
(organise)
Wisdom Networks - one process, more outcomes
Wisdom networks organise ... so people don't have to.
Everyone focuses on "things", "books" and outcomes
One uniform six stage process covering multiple communities
No duplication - one "thing" used across all communities
One wisdom network can manage multiple communities of any size
Information Age organisers become
Managers or Executives
The people decide how wisdom is focussed on things and books in real-time
Wisdom Networks embody how we like to play together and achieve better outcomes from our work and contribution
People, books and things are distributed across
information and wisdom networks that becomes a
collective intelligence.
Wisdom networks link little data at their source into
Wisdom Books with the creators permission in real-time.
Information age structures that aggregate big data off
information into an opaque silo become redundant.
People that previously organised information now
contribute wisdom to things and books.
Community recognises the quantity and quality of
contribution with points and status. Community
contribution becomes a real time game.
Community already spends most of their free time social
networking and playing. Wisdom networks are how
people want to work and contribute.
No information Age structure could ever compare with
the real-time, costless and effectiveness of a wisdom
network.
People earn points and status by contributing to
Network Society and each other
Wealth
creation
Wisdom networks provide a rapid jump in productivity, growth and wealth
to sustain society ... which overcomes Australia's decline
Declining productivity means lower standards of living.
Australia has been reduced to wealth transfers, rather
than wealth creation. Debt has been used to maintain
standards of living while productivity has declined.
Wisdom networks provide a rapid jump in productivity
and growth ... by restructuring human time and
attention.
We can not afford to wait 30 years until the 2nd
generation reshapes the status quo with the flexibility
of the internet.
Policy tools to create wealth and sustain society
Macroeconomic reform
Restructuring human time and attention
Wisdom Networks
Microeconomic reform
Innovation
Investment in the Status quo
Currency depreciation
Spending more than you earn
Debt
Increase size of government
Legislating the "Information Age" in
place
Subsidies and Bailouts
Printing money & monetary policy
Wealth
transfers
HEALTH
INDIVIDUAL
GOVERNMENT
INDUSTRY
Doctors, nurses
and patients
GOVERNANCE
Government
Department(s)
EQUITY MARKETCollaborative
Macroexchange
ORGANISATION
EDUCATION
Teachers and
students
Politicians
SME's, investors
and advisers
Wealth
creation
Wisdom Networks crowd create the Network Society
We need wisdom productivity, growth and wealth to sustain society
Wisdom Networks crowd create the Network Society
We need wisdom productivity, growth and wealth to sustain society
DEMOCRACY
Global community
National Wisdom Network (NWN) guides people through "things",
"books" and process to outcomes across communities
Multiple communities in
one web application
● Individual
● Organisation
● Health
● Education
● Equity market, Innovation
● Governance
● Government
● Economic development
● National, Global
Example: "things"
and "books" in the
health community
Multi-language
Better outcomes
● accessibility
● transparency
● efficiency
● productivity
● meritocracy
● growth
Australia has negative or declining productivity.
Higher productivity is needed to deliver non-debt
growth or temporary terms of trade growth.
The Australian Wisdom Network could accelerate
productivity, growth and improve living standards
The National Wisdom Network (NWN) could crowd
create "Australia" and Network Society ... and a
platform to integrate with the world
National Wisdom Network links communities across Australia
... and could integrate with the world
Global integration
( community, industry)
National Wisdom Network
( community, industry)
Individual Wisdom Networks
(country, industry, organisation)
Information Age
Web 4.0 Integration
(read, write, execute, link)
After a long wait, all the pieces have finally come together ... let's
get started ... we can accelerate evolution
Time
Web 3.0 Collaboration
(read, write, execute)
Web 1.0 Distribution
(read)
Web 2.0 Participation
(read, write)
Community connected
The community needs to be connected ... society crowd created
connectivity (ie the internet)
Information available by URL
The community crowd created information (ie the World Wide
Web)
Connections need to be rich
All types of information needs to be exchanged between
participants
Speed
Fast enough to allow real-time person to person communication
Software
Society has crowd created open source software
Content Management System
We need a highly sophisticated generic system to manage
community content ... let's not reinvent the wheel
"Wisdom of Crowds"
Our system needs to focus the effort and wisdom of the
community on outcomes... a Wisdom Management System
(WMS) does that for us
Motivation: Crisis
Change only occurs when people are pushed from the old AND
pulled toward the new. We have a many crisis including
productivity, GDP growth caps and others that reveal failures of
"Information Age" structures
Wisdom
Networks
Wisdom Networks - deployed in as little as 90 days
Wisdom Network
template delivered in 5
days
Customised
over 90-180 days
Marketing
1 2 3
Accessibility
Entrepreneurs
Endorsement to create
and inspire adoption
Statesmen
Endorsement and
aligning government tiers
with common objective
Media
Partnerships
Government
Government departments
participate to encourage
and regulate
4
Scalability
Adoption
Customised in
30-90 days
Marketing
Break-even
Critical
mass
Transformation
Stakeholders
Recruit existing
organisations for
inspiration and early
adopters
5
Integrate
Share
Link
Cloud power
Personal health
(chronic and inactive)
Health
community
(industry and research)
Equity Market
Governance
Democracy
Education
Economic
Development
Sequential(starting
with
greatestbenefit)
National Wisdom
Network
Energy, Food, Resources,
Climate, Poverty
Launchallnetworksatonce
Wisdom Networks can be launched to all communities at the same time ... or specific
communities can be launched one at a time in the order of most benefit
Communities deriving most benefit from NWN
NWN Communities deriving most benefit are:
● Health (personal) - doctor, patient, nurse wisdom
● Fueling the growth of SME's to drive economic
growth (company, adviser and investor wisdom)
● Governance (wisdom shareholder meetings)
● Health (research) - researcher, medicine, clinical
trials
● Education - teacher, student, books, courses
Global Wisdom Networks
● Energy
● Resources
● Pharmaceuticals
● Automotive
● Government
Wisdom Networks deliver 80%+ of the outcome at <10% of the cost in 6 months
● Pareto principle - 80% of the outcomes for <20% of the effort or cost
○ an 80% outcome deployed quickly within 6 months
○ The pursuit of the additional 20% dramatically increases cost and probability of failure
● Global coverage encompassing all countries
○ Each country is simply a "tag" identifying where the "Thing" is
● A Wisdom Network is assembled from open source technology (not built from scratch)
○ Large global communities can deliver real-time merit based innovation and services
○ Open source has <25% of the Total Cost of Ownership of Proprietary software
○ Assembling open source faster than coding proprietary and a richer pool of innovation
● "Things" are simply links of data or files direct from their source (or where they were produced)
○ By linking direct to source, some of the cost and delays of "Big Data" can be avoided. The Wisdom Network just
indexes, and does not need to produce the "Thing". Other SaaS can produce or modify "Things".
○ Source include: A "personal data store" on a mobile phone, open data from enterprises and SME's
○ Avoid some "Big data" costs: Big data will drive US$28 billion of worldwide IT spending in 2012, growing to
US$34 billion in 2013, according to Gartner, Inc. Big Data to create 4.4 million IT jobs globally by 2015
● Less hardware, software and communications technology
○ Wisdom Networks only require a handful of technologies
○ Web application: Linux Apache MySQL PHP
○ Cloud servers: Amazon
○ Devices: Tablets and phones (probably Android because of greater power and versatility)
○ Internet Browser:
○ Communications: Skype and Internet (or TCP/IP)
● 500 "Things" in one place mean less integration cost and complexity from integrating fragmented,
incompatible information technology
○ Desktop and most SaaS applications manage a handful of "things" (mainly "information" and "1-2
"collaboration")
General Benefits
● Meritocracy
● Transparency
● Accessibility:
● Productivity
● Growth
● Accountability
● Wellbeing
● Utilisation increases
● global labour market
● Global capital market
● Global responsibility
Developing countries can go
straight to Wisdom Networks
● Developing countries saved
billions by installing mobile
phone networks and bypassed
expensive copper fixed lines.
● Developing countries can save
billions again by deploying
comprehensive Wisdom
Networks, rather than
conventional, enterprise
information technology and
hierarchical management
structures
Wisdom achieves
Prosperity
Society Wisdom Equity Market Wisdom Health Wisdom Contact
e: mcake@wisdomnetworks.im
Skype: marcuscake
@marcuscake
European Wisdom Management Wisdom Wisdom Book Features Industry Value proposition
and impact of Internet of
Everything (IoE)
Rollout process (guide)
200+ blog articles
Courses / Video training
Membership
Groups (private)
Wisdom Networks
Technology overview
Business Model and
Financial forecast Introduction letters:
Telecommunications
Economic Development
Europe
Video (3 mins):
A demonstration of the
Network Society
Services
We would prefer to turnkey a
Wisdom Network for you and get out
of your way, but we can ...
TURNKEY PLATFORM / VENTURE
EVANGELISM , STRATEGY,
MONETISATION , BUSINESS MODEL
(Your) CENTRE OF WISDOM
MAINTENANCE AND SUPPORT
Economic Development 4.0 Equity Market 4.0 Health 3.0 Management 3.0
Resources: Accelerate the "Wisdom of Crowds" (r)evolution
Wisdom needs to scale quickly .... an overview of resources available at www.wisdomnetworks.im/resources
Old pre-wisdom
"Central Brain"
presentations
Society Wisdom:
Wisdom Networks crowd create Network Society
Contact
e: marcus.cake@wisdomnetworks.im
Skype: marcuscake
LinkedIn: au.linkedin.com/in/marcuscake
Focus Human time
and attention
Wisdom
Networks
Transparency
Accessibility
Meritocracy
Accessibility
Productivity
Growth
Outcomes
Life
Society6
Efficiency
Technological Singularity
Society2
NEXT: Chapter 2 is available
at http://is.gd/wnecon

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Australian Wisdom: Wisdom Networks crowd create distributed prosperity

  • 1. Australian Wisdom: National Wisdom Network (NWN) crowd creates "Australia 3.0", productivity, growth and Network Society WISDOM NETWORKS rapid jump in productivity, growth and by reshaping human time and attention with the internet society returned to wealth creation INFORMATION AGE Exhaustion - flat or declining productivity, fragmented, opaque, information technology, diminishing returns from the hierarchy, society reduced to debt funded growth and wealth transfers PROGRESS Please share! Current version at http://is.gd/wnau30 @marcuscake WisdomNetworks.im CC BY-NC-SA 3.0
  • 2. Distributed economies, society or communities are today’s structure to deliver productivity, sustainability and growth … 100 year old centralised structures are socio-economically and environmentally unsustainable Distributed economies (DE) are “a fresh strategy to guide industrial development towards becoming more sustainable. The concept calls for a transformation in the industrial system towards DE departing from the socio-economically and environmentally unsustainable dynamics associated with large-scale, centralised production units that are favoured by neoclassical economic drivers.”1 100 year old structures from the industrial Revolution Hierarchies use point to point communication and put 2 information elements in the internet Today’s structure Wisdom Networks enable peer to peer collaboration and put all 6 information elements in the internet 1. Distributed economies – A new engine for innovation, Allan Johansson, The International Institute for Industrial Environmental Economics, 2005 ( http://www.sciencedirect.com/science/article/pii/S0959652604002719 ) Image source: Wikipedia
  • 3. People are evolving toward digital "books" shared with everyone, everywhere, anytime across all communities ... and crowd creates the next an era of distributed prosperity! Facebook brought "books" to social in 10 years Facebook reduced social interaction to books of “things” that could shared with anyone, everywhere and restructured global social time and attention and achieved transparency and meritocracy in less than 10 years. Wisdom Networks bring "books" to everything else in 2-5 years Wisdom Networks will reduce organisations, industries and society to books that can be shared with anyone, everywhere, anytime and transform organisations, industry and the remainder of society within 2-5 years. Only 30 networks required to achieve distributed prosperity? As few as 30 wisdom networks can transform society and achieve distributed prosperity. Each can be launched within 90-180 days and achieve critical mass within 2-5 years. Hierarchy (individuals have influence) Shared Digital Books (everyone has influence)
  • 4. HEALTHINDIVIDUAL GOVERNMENT INDUSTRY Doctors, nurses and patients GOVERNANCE Government Department(s) EQUITY MARKETStock exchanges ORGANISATION EDUCATION Teachers and students Politicians SME's, investors and advisers Wisdom Networks crowd create the Network Society We need wisdom productivity, growth and wealth to sustain society Wisdom Networks crowd create productivity, growth, transparency, and distribute influence across the Network Society in shared books DEMOCRACY
  • 5. History shows us that all communities evolve and produce more with less over time Wisdom Networks lift potential output from 18% to 57.5% ... 3.15 times the output! Wisdom Networks lift community output from 18% (Information Age) to 48.75% by lifting productive work time from 28% to 75% Wisdom Networks expand access and capture community contribution and add 8.75% ... global contribution a bonus! PEOPLE PRODUCTIVE WORKTIME 65%Workers 28% HIERARCHY (Services sector) POTENTIAL GAIN TO HIERARCHY OUTPUT by restructuring human time and attention) 100% NON SERVICES POTENTIAL GAIN FROM NON SERVICES? Non-workers WHAT CAN THE CROWD BE MOBILISED TO DO? POTENTIAL GAIN FROM NON HIERARCHIES? 75% POTENTIAL PRODUCTIVE OUTPUT OF ANY COMMUNITY (ORGANISATION, INDUSTRY OR SOCIETY) 18.2% Hierarchy output Information Age output can never exceeds 18% of potential output (contribution limited to hierarchies) Extra 30.55% from Wisdom Wisdom Networks can achieve 48.75% of potential output (productive time increases from 28% to 75%) Extra 8.75% from community Wisdom Networks can organisation contribution from outside hierarchies everywhere Add ?% from Global Community Wisdom Networks can capture contribution from the global community virtually! Growth bonus!
  • 6. DISTRIBUTED DECENTRALISED WISDOM NETWORKS PROSPERITY Shell defines WHAT? two alternative scenarios are in our future ... Wisdom Networks are HOW? we crowd create a better world and prosperity @marcuscake WisdomNetworks.im CC BY-NC-SA 3.0 STATUS QUO CENTRALISED INFORMATION AGE STAGNATION Source: 1 Shell News Lens Scenarios (is.gd/newlens) Mountains (Shell scenario) "The first scenario, labelled “mountains”, sees a strong role for government and the introduction of firm and far-reaching policy measures. "1 "This is the world with status quo power locked in and held tightly by the currently influential. Stability is the highest prize: those at the top align their interests to unlock resources steadily and cautiously, not solely dictated by immediate market forces. The resulting rigidity within the system dampens economic dynamism and stifles social mobility." 1 Oceans (Shell Scenario) "The second scenario, which we call “oceans”, describes a more prosperous and volatile world. Energy demand surges, due to strong economic growth. Power is more widely distributed and governments take longer to agree major decisions. "1 "Influence stretches far and wide in the world of Oceans. Power is devolved, competing interests are accommodated and compromise is king. Economic productivity surges on a huge wave of reforms, yet social cohesion is sometimes eroded and politics destabilised. This causes much secondary policy development to stagnate, giving immediate market forces greater prominence."1 Who will choose (and create) the future? People, corporations or goverment We could implement this future in 2 - 5 years We could be in a "trapped transition" for another 16 years
  • 7. Information technology Wisdom NetworksHierarchy Wisdom Networks crowd create distributed prosperity Productive time worked 28% 75%+ Productive time worked Standard of living Standard of living Productivity -2% to 1% (& declining) Exhaustion (Wealth transfers) Information Society Prosperity (Wealth creation) Global community Wisdom Books Countries Network Society Productivity Private networks Internet of Everything (IoE) Institutions Community (Crowds) The Path of decline Apathy Unemployment Expenditure exceeds income Debt Fraud Bankruptcy Conflict The Path to Wisdom @marcuscake WisdomNetworks.im CC BY-NC-SA 3.0 Information Age ends with centralised stagnation We can evolve to the next stage ... by implementing Wisdom Networks to focus the wisdom and effort of the community Open platforms Proprietary solutions ContributionConsumption 18% 55%+Very Low Potential output High Potential output
  • 8. Organisations, industries and countries choose their pathway to the future ... "trapped transition" (by default) or "Punctuated reform" Punctuated reform (productivity, growth) "When stresses rise, and a crisis emerges, some actors exhibit relevant forms of resilience that enable them to adapt and reform. "1 "Financial, social, political or technological capital encourage early action and result in effective change/reform."1 Trapped transition (drift, decline, collapse) "Others, however, struggle until the crisis escalates to a level that enforces either dramatic and painful restructuring or collapse."1 "Financial, social, political or technological capacity prove inadequate to withstand stresses. Behavioural responses delay change, causing conditions to worsen until ultimately a reset is forced or a collapse occurs."1 Source: 1 Shell News Lens Scenarios (is.gd/newlens) @marcuscake WisdomNetworks.im CC BY-NC-SA 3.0
  • 9. Australian productivity became zero or negative in 2003/2004 ... living standards have been maintained by government and household debt and above average terms of trade "Productivity growth is a means to an end. It is an important determinant of long-term economic growth and real per capita income growth, which in turn are crucial (but not the only) determinants of living standards and wellbeing" Historically, productivity growth has made a major contribution to real output growth in Australia. In the six productivity cycles (see box 2) between 1973 and 2004, around one-third of the growth in market sector output was due to MFP growth — that is, to Australian businesses generating more output per unit of inputs (Figure 2). The rest of output growth reflects the addition of more inputs, in particular consistently strong growth in capital inputs. Absent the improvement in productivity growth, real output growth and living standards in Australia over this period would have been considerably lower For much of the period that MFP growth has been zero or negative (that is, from 2003-04 to 2011-12), real incomes (gross domestic income) in Australia have been boosted by an increase in the terms of trade .... a broader return to positive MFP growth is essential to Australia’s longer term economic growth prospects" (p7) Extract - PC Productivity Update April 2013 Australian Productivity Commission Improving standardofliving Declining standard ofliving 2003/04 Source: Australian Bureau of Statistics
  • 10. Productivity is declining worldwide ... the Information Age is exhausted! Further investment in the status quo will not improve productivity, growth or standard of living Productivity is declining, or negative, worldwide Law of diminishing returns means returns approaching zero and GDP is capped The best GDP growth the USA can achieve is 1.8% - half the growth of the last 50 years. Australia may also have a growth cap Like all "general purpose technology" in history, the first generation has used the internet to speed up the status quo ... no technology revolution in these productivity figures!
  • 11. Only restructuring human time and attention with wisdom networks will provide a radical jump in productivity, growth and wealth to sustain society Information technology CountriesHierarchy WE NEED TO MOVE FROM THE INFORMATION AGE - IT'S EXHAUSTED CRISIS Declining or negative productivity and stagnant growth has reduced society to wealth transfers and a zero sum game WISDOMOnly restructuring human time and attention can deliver a radical jump in productivity and growth to improve outcomes DECLINE Further investment in the status quo will not improve productivity, growth or our capability to resolve future problems Wisdom Books Wisdom Networks Network Society
  • 12. Wisdom Networks could double, triple or quadruple productivity of every employee by restructuring human time and attention... sources include reclaiming travel time, reclaiming identified wasted time, restructuring unproductive work time and gamification People acknowledge they waste at least 18% of their worktime... as below 72% of work time is unproductive Of their day, people spend 44% at work, 17% leisure and 8% on travel Only 28% of work time is productive Source: Ernst and Young Australian Productivity Pulse: Wave 1 (October 2011) and Wave 2 (May 2012) - is.gd/autime Reclaiming half of travel time increases productivity by 10% Reclaiming acknowledged wasted time increases productivity a further 20% Restructuring 30%, 60%, 90% of unproductive work time lifts productivity by 100%, 200% and 300% respectively up to 72% of work time is unproductive
  • 13. Devices Family Individual Organisation Democracy Innovation Education Equity Market Health Economic development Knowledge (Books timeline & Maps) Wisdom Networks make use of Internet of Everything (IoE) a cloud of things, books, communities, process and outcomes distributed among people The second generation uses the flexibility of the internet to restructure human time and attention to deliver a rapid jump in productivity and growth Society currently distributes multiple copies of "things" amongst people ... wisdom networks bring the people to one "thing" How we connect? Every community is reduced to 6 types of "Things" which are tagged, linked ,and shared to create "Books" which consumers push through a process to achieve outcomes
  • 14. DATA 1. Available (or Open) 2. Structured 3. Non-proprietary format 4. URL’s INFORMATION 5. Privacy and security 6. Tag 7. Share COMMUNITY 8. Accessibility 9. Adoption 10. Gamification COLLABORATION 11. Accountable and accurate 12. Workflows push to completion 13. Meritocracy KNOWLEDGE 14. Link 15. Peer to Peer 16. Transparent WISDOM 17. Interoperable 18. Priorities 19. Outcomes 20. Prosperity Wisdom Networks drive a 6 stage Process to assemble information, reveal knowledge, and organise action toward outcomes
  • 15. Wisdom Networks put more of society's interaction in the cloud and integrate everything Networks Mobile voice Messaging Media Cloud GDocs DropBox Skype SugarSync LinkedIn and other social networks WhatsApp AsanaGoogle Hangout Link to other "Things" by URL Books MapsTimeline Individual Organisation Health Equity Market Innovation Management Government Education Economic Development Democracy Profiles Groups Forms Media Files Workflow Events Tasks Tags Links Sharing Groups NATIONAL WISDOM NETWORK Web 4.0 Global Integration 1990 2020 Web 3.0 Industry collaboration Web 1.0 Information Distribution Web 2.0 Social Participation Wisdom Networks add community, collaboration, knowledge and wisdom ... to data and information already in the cloud Wisdom Networks integrate existing data and information technologies
  • 16. Wisdom Books are how people share knowledge and focus wisdom in a Network Society Wisdom Books are a comprehensive and efficient means of person to person communication PatientBook My health record DoctorBook Doctor writes me a prescription GOVERNANCE DEMOCRACY DoctorBook (What new "things" have happened to my patients) PharmacistBook my new prescription appears in Pharmacist dashboard in real-time. Pharmacist arranges delivery HospitalBook (reviews information about hospital, book a procedure CitizenBook (all my government interactions, drivers license) PoliticianBook (review politicians policies, comment on his health policy, complain about progress on community centre) BureaucratBook (review bureaucrats projects and progress on construction of local community centre) MechanicBook Check reviews, book car in for service, specify tasks CarBook Mileage, service reports, real-time data - shared with mechanic RestaurantBook (read reviews, check availability make bookings) BoardBook participates in virtual board meetings, review minutes, information, discussion, questions, online poll ShareholderBook (review annual reports. complete proxy form, RSVP to meeting invitation, online poll?) CourseBook meetings (tutorials), lectures (event management), assignments, exams InsuredBook My insurance policies ClaimBook (assemble insurance claim online - shared with assessor) InsurerBook Product information, book meetings, complete forms online John Smith PatientBook (review his xray shared by radiologist, start discussion, set task for John to have a more detailed XRay, "Referral" for 2nd XRay added to PatientBook StudentBook profile, assignments HEALTH (PERSONAL) WORK FINANCIAL MARKET EDUCATION ManagerBook Manage Executives TeacherBook profile, courses ProductBook My insurance, equity and debt OrganisationBook My workplace GovernmentBook all my government interactions, drivers license, tax FederalBook All Federal Govt "Things" StateBook All State Govt "Things" LocalBook All Local Govt "Things" SchoolBook (profile, current courses DirectorBook Direct managers ExecutiveBook Execute job Real-time knowledge, action and wisdom about every "thing" and every book GOVERNMENT CONSUMER HEALTH (DELIVERY) AcountantBook Tasks assigned to accountant, availability, check reviews LawyerBook Tasks assigned to lawyer, availability, check reviews PropertySaleBook (read profile, review video, check availability make bookings) RentalPropertyBook (read profile, review video, check availability make bookings) UniversityBook (profile, current courses VentureBook (a list of ventures for assessment, due diligence, completion or monitoring) M&ABook (a list of M&A opportunities for assessment, due diligence, completion or monitoring) InvestmentBook (a list of investments across multiple asset classes ... includes many OrganisationBook and ProductBook. ProductBook (details of a product, its attributes and "things" (organisation, compliance, events) linked to it
  • 17. Insurer "things" are created, tagged and linked in a minute and appear in "books" instantly ... community has real-time knowledge, action and wisdom! health example below ... others include education, management, equity market governance ... everywhere! Patient All "things" linked to a patient Pharmacist Carer "Things" linked to a carer Doctor All "things" linked to a Doctor Radiologist Device (data) Prescription Patient plan Claim X-Ray KNOWLEDGE WISDOM THING Doctor sees all content of Patient(Book) Course Association BOOK Research Medicine Clinical Trial Carers can see and (if necessary) control PatientBook Prescription delivered to pharmacist instantly KEY Referral Patients can check availability and book meetings instantly Journal
  • 18. Every "book" is focused on outcomes ... you can assemble how "things" come together in the future to achieve them Each Book defines outcomes "Things" appear in a timeline You can assemble and see how "things" (information, community, collaboration, knowledge, wisdom) come together ● Past: Audit trail ( list of past "things") for accountability ● Present: organise everything today and let it unfold tomorrow ● Future: Project plan (a list of future "things") to focus or schedule future community effort Meritocracy Transparency encourages accountability Collective knowledge achieves meritocracy
  • 19. Wisdom Networks are exponentially better than hierarchies Wisdom Networks deliver transparency, meritocracy, accessibility, efficiency, outcomes Hierarchy - more process, less outcomes Hierarchies do not scale well. They can't get the best, or save us from the worst, of all individuals all the time. The more people that are added to hierarchies ... the less efficient and effective they become. Larger results in more process and less outcomes. The law of diminishing returns means we need to reshape the status quo. Hierarchies duplicate many things and effort in organisations, local communities, industry, nations and across the world. Executives (execute tasks) Managers (review and focus) Directors (define outcomes) Information Age (organise) Wisdom Networks - one process, more outcomes Wisdom networks organise ... so people don't have to. Everyone focuses on "things", "books" and outcomes One uniform six stage process covering multiple communities No duplication - one "thing" used across all communities One wisdom network can manage multiple communities of any size Information Age organisers become Managers or Executives
  • 20. The people decide how wisdom is focussed on things and books in real-time Wisdom Networks embody how we like to play together and achieve better outcomes from our work and contribution People, books and things are distributed across information and wisdom networks that becomes a collective intelligence. Wisdom networks link little data at their source into Wisdom Books with the creators permission in real-time. Information age structures that aggregate big data off information into an opaque silo become redundant. People that previously organised information now contribute wisdom to things and books. Community recognises the quantity and quality of contribution with points and status. Community contribution becomes a real time game. Community already spends most of their free time social networking and playing. Wisdom networks are how people want to work and contribute. No information Age structure could ever compare with the real-time, costless and effectiveness of a wisdom network. People earn points and status by contributing to Network Society and each other
  • 21. Wealth creation Wisdom networks provide a rapid jump in productivity, growth and wealth to sustain society ... which overcomes Australia's decline Declining productivity means lower standards of living. Australia has been reduced to wealth transfers, rather than wealth creation. Debt has been used to maintain standards of living while productivity has declined. Wisdom networks provide a rapid jump in productivity and growth ... by restructuring human time and attention. We can not afford to wait 30 years until the 2nd generation reshapes the status quo with the flexibility of the internet. Policy tools to create wealth and sustain society Macroeconomic reform Restructuring human time and attention Wisdom Networks Microeconomic reform Innovation Investment in the Status quo Currency depreciation Spending more than you earn Debt Increase size of government Legislating the "Information Age" in place Subsidies and Bailouts Printing money & monetary policy Wealth transfers
  • 22. HEALTH INDIVIDUAL GOVERNMENT INDUSTRY Doctors, nurses and patients GOVERNANCE Government Department(s) EQUITY MARKETCollaborative Macroexchange ORGANISATION EDUCATION Teachers and students Politicians SME's, investors and advisers Wealth creation Wisdom Networks crowd create the Network Society We need wisdom productivity, growth and wealth to sustain society Wisdom Networks crowd create the Network Society We need wisdom productivity, growth and wealth to sustain society DEMOCRACY Global community
  • 23. National Wisdom Network (NWN) guides people through "things", "books" and process to outcomes across communities Multiple communities in one web application ● Individual ● Organisation ● Health ● Education ● Equity market, Innovation ● Governance ● Government ● Economic development ● National, Global Example: "things" and "books" in the health community Multi-language Better outcomes ● accessibility ● transparency ● efficiency ● productivity ● meritocracy ● growth
  • 24. Australia has negative or declining productivity. Higher productivity is needed to deliver non-debt growth or temporary terms of trade growth. The Australian Wisdom Network could accelerate productivity, growth and improve living standards The National Wisdom Network (NWN) could crowd create "Australia" and Network Society ... and a platform to integrate with the world National Wisdom Network links communities across Australia ... and could integrate with the world Global integration ( community, industry) National Wisdom Network ( community, industry) Individual Wisdom Networks (country, industry, organisation) Information Age
  • 25. Web 4.0 Integration (read, write, execute, link) After a long wait, all the pieces have finally come together ... let's get started ... we can accelerate evolution Time Web 3.0 Collaboration (read, write, execute) Web 1.0 Distribution (read) Web 2.0 Participation (read, write) Community connected The community needs to be connected ... society crowd created connectivity (ie the internet) Information available by URL The community crowd created information (ie the World Wide Web) Connections need to be rich All types of information needs to be exchanged between participants Speed Fast enough to allow real-time person to person communication Software Society has crowd created open source software Content Management System We need a highly sophisticated generic system to manage community content ... let's not reinvent the wheel "Wisdom of Crowds" Our system needs to focus the effort and wisdom of the community on outcomes... a Wisdom Management System (WMS) does that for us Motivation: Crisis Change only occurs when people are pushed from the old AND pulled toward the new. We have a many crisis including productivity, GDP growth caps and others that reveal failures of "Information Age" structures Wisdom Networks
  • 26. Wisdom Networks - deployed in as little as 90 days Wisdom Network template delivered in 5 days Customised over 90-180 days Marketing 1 2 3 Accessibility Entrepreneurs Endorsement to create and inspire adoption Statesmen Endorsement and aligning government tiers with common objective Media Partnerships Government Government departments participate to encourage and regulate 4 Scalability Adoption Customised in 30-90 days Marketing Break-even Critical mass Transformation Stakeholders Recruit existing organisations for inspiration and early adopters 5 Integrate Share Link Cloud power
  • 27. Personal health (chronic and inactive) Health community (industry and research) Equity Market Governance Democracy Education Economic Development Sequential(starting with greatestbenefit) National Wisdom Network Energy, Food, Resources, Climate, Poverty Launchallnetworksatonce Wisdom Networks can be launched to all communities at the same time ... or specific communities can be launched one at a time in the order of most benefit Communities deriving most benefit from NWN NWN Communities deriving most benefit are: ● Health (personal) - doctor, patient, nurse wisdom ● Fueling the growth of SME's to drive economic growth (company, adviser and investor wisdom) ● Governance (wisdom shareholder meetings) ● Health (research) - researcher, medicine, clinical trials ● Education - teacher, student, books, courses Global Wisdom Networks ● Energy ● Resources ● Pharmaceuticals ● Automotive ● Government
  • 28. Wisdom Networks deliver 80%+ of the outcome at <10% of the cost in 6 months ● Pareto principle - 80% of the outcomes for <20% of the effort or cost ○ an 80% outcome deployed quickly within 6 months ○ The pursuit of the additional 20% dramatically increases cost and probability of failure ● Global coverage encompassing all countries ○ Each country is simply a "tag" identifying where the "Thing" is ● A Wisdom Network is assembled from open source technology (not built from scratch) ○ Large global communities can deliver real-time merit based innovation and services ○ Open source has <25% of the Total Cost of Ownership of Proprietary software ○ Assembling open source faster than coding proprietary and a richer pool of innovation ● "Things" are simply links of data or files direct from their source (or where they were produced) ○ By linking direct to source, some of the cost and delays of "Big Data" can be avoided. The Wisdom Network just indexes, and does not need to produce the "Thing". Other SaaS can produce or modify "Things". ○ Source include: A "personal data store" on a mobile phone, open data from enterprises and SME's ○ Avoid some "Big data" costs: Big data will drive US$28 billion of worldwide IT spending in 2012, growing to US$34 billion in 2013, according to Gartner, Inc. Big Data to create 4.4 million IT jobs globally by 2015 ● Less hardware, software and communications technology ○ Wisdom Networks only require a handful of technologies ○ Web application: Linux Apache MySQL PHP ○ Cloud servers: Amazon ○ Devices: Tablets and phones (probably Android because of greater power and versatility) ○ Internet Browser: ○ Communications: Skype and Internet (or TCP/IP) ● 500 "Things" in one place mean less integration cost and complexity from integrating fragmented, incompatible information technology ○ Desktop and most SaaS applications manage a handful of "things" (mainly "information" and "1-2 "collaboration") General Benefits ● Meritocracy ● Transparency ● Accessibility: ● Productivity ● Growth ● Accountability ● Wellbeing ● Utilisation increases ● global labour market ● Global capital market ● Global responsibility Developing countries can go straight to Wisdom Networks ● Developing countries saved billions by installing mobile phone networks and bypassed expensive copper fixed lines. ● Developing countries can save billions again by deploying comprehensive Wisdom Networks, rather than conventional, enterprise information technology and hierarchical management structures
  • 29. Wisdom achieves Prosperity Society Wisdom Equity Market Wisdom Health Wisdom Contact e: mcake@wisdomnetworks.im Skype: marcuscake @marcuscake European Wisdom Management Wisdom Wisdom Book Features Industry Value proposition and impact of Internet of Everything (IoE) Rollout process (guide) 200+ blog articles Courses / Video training Membership Groups (private) Wisdom Networks Technology overview Business Model and Financial forecast Introduction letters: Telecommunications Economic Development Europe Video (3 mins): A demonstration of the Network Society Services We would prefer to turnkey a Wisdom Network for you and get out of your way, but we can ... TURNKEY PLATFORM / VENTURE EVANGELISM , STRATEGY, MONETISATION , BUSINESS MODEL (Your) CENTRE OF WISDOM MAINTENANCE AND SUPPORT Economic Development 4.0 Equity Market 4.0 Health 3.0 Management 3.0 Resources: Accelerate the "Wisdom of Crowds" (r)evolution Wisdom needs to scale quickly .... an overview of resources available at www.wisdomnetworks.im/resources Old pre-wisdom "Central Brain" presentations
  • 30. Society Wisdom: Wisdom Networks crowd create Network Society Contact e: marcus.cake@wisdomnetworks.im Skype: marcuscake LinkedIn: au.linkedin.com/in/marcuscake Focus Human time and attention Wisdom Networks Transparency Accessibility Meritocracy Accessibility Productivity Growth Outcomes Life Society6 Efficiency Technological Singularity Society2 NEXT: Chapter 2 is available at http://is.gd/wnecon