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Society Wisdom:
Wisdom Networks crowd create Network Society
Contact
e: marcus.cake@wisdomnetworks.im
Skype: marcuscake
Li...
Contents
We need to upgrade from the Information Age to Wisdom Networks!
declining or negative productivity means we have ...
Distributed economies, society or communities are today’s structure
to deliver productivity, sustainability and growth …
1...
People are evolving toward digital "books" shared with everyone, everywhere, anytime
across all communities ... and crowd ...
HEALTHINDIVIDUAL
GOVERNMENT
INDUSTRY
Doctors, nurses
and patients
GOVERNANCE
Government
Department(s)
EQUITY MARKETStock
e...
History shows us that all communities evolve and produce more with less over time
Wisdom Networks lift potential output fr...
We need to move from
Information to Wisdom
"Where is the Life we have lost in living?
Where is the wisdom we have lost in ...
DISTRIBUTED
DECENTRALISED
WISDOM NETWORKS
PROSPERITY
Shell defines WHAT? two alternative scenarios are in our future ...
W...
Information
technology
Wisdom
NetworksHierarchy
Wisdom Networks crowd create
distributed prosperity
Productive
time worked...
Can we recover the life we have lost in the Information Age?
"Where is the Life we have lost in living?
Where is the wisdo...
Organisations, industries and countries choose their pathway to
the future ... "trapped transition" (by default) or "Punct...
Declining or negative productivity is the world's largest problem ...
incremental investment in the status quo suffers dim...
General purpose technology drives most economic growth.
First generation uses it within the status quo.
The second generat...
Only restructuring human time and attention can deliver the
radical jump in productivity and growth
Only restructuring hum...
We have a choice ... crisis or collapse by default ... upgrade to wisdom
networks and usher in a new era of prosperity
Net...
Wisdom Networks could double, triple or quadruple productivity of every employee by
restructuring human time and attention...
WISDOM
NETWORKS
Abundance - rapid jump in
productivity, growth,
wealth creation
INFORMATION
AGE
Exhaustion - no productivi...
Wisdom Networks
A cloud of things, books, communities, process and
outcomes distributed among people
Web 4.0 Integration
(read, write, execute, link)
After a long wait, all the pieces have finally come together ...
let's ge...
Devices
Family
Individual
Organisation
Democracy
Innovation
Education
Equity Market
Health
Economic
development
Knowledge
...
DATA
1. Available (or Open)
2. Structured
3. Non-proprietary format
4. URL’s
INFORMATION
5. Privacy and security
6. Tag
7....
Wisdom Networks are exponentially better than hierarchies
Wisdom Networks deliver transparency, meritocracy, accessibility...
The people decide how wisdom is focussed on things and books in real-time
Wisdom Networks embody how we like to play toget...
National Wisdom Networks
manages many communities
Wisdom Pathway is the interface/menu
The interface/menu is about achievi...
Many countries (and organisations) have declining and negative productivity
Wisdom Networks could jump start productivity,...
Wisdom Books are a comprehensive and
efficient means of person to person
communication
replacing fragmented, opaque and in...
Books provide people with knowledge about "Things", and tools to pursue outcomes
Book shows the "Links"
Each "Thing" appea...
Wisdom Books reveal Knowledge and focus Wisdom about any
"thing", anywhere, anytime to anyone
an evolution of different te...
Doctor(Book)
"Things" include profile,
availability, services,
ratings, references
Insurer(Book)
"Things" include profile,...
Every "book" is focused on outcomes ... you can assemble how
things come together in the future to achieve them
less human...
National Wisdom Network
Enables the Network Society...
...an upgrade from the Information Age
People use "Books" to share knowledge and focus
wisdom in each of their communities
PatientBook
My health record
DoctorBoo...
National Wisdom Network unites People in the Cloud
and reinvents how they participate within all the communities
● Society...
Wisdom Networks are an Over the Top (OTT) disruptive platform
integrating technology, people and information
"The invasion...
Wisdom Networks crowd create the Network Society
HEALTH
INDIVIDUAL
GOVERNMENT
INDUSTRY
Doctors, nurses
and patients
GOVERN...
Wisdom Networks delivers community, country or regional
transparency and accessibility
Drill-down to any of the "Books" wh...
Personal health
(chronic and inactive)
Health
community
(industry and research)
Equity Market
Governance
Democracy
Educati...
Network Society
Enables the Network Society...
...an upgrade from the Information Age
Unstructured Network Society emerging anyway ...
35%+ change expected within 2 years
Wisdom Networks make faster, deeper a...
The NWN unites people in the cloud and reinvents how they live and work within all the
communities within which they parti...
National Wisdom Networks organises Wisdom
knowledge + collaboration focused on outcomes for individuals & organisations ac...
Individuals, their "Things", "Books" and communities
are at the heart of a Network Society
Software defines community
● Fa...
Europe has declining and negative productivity ...
A European Wisdom Network could jump start
productivity, growth and pro...
Wisdom Networks enable the Network Society
...an upgrade from the Information Age
Focus Human time
and attention
Wisdom
Ne...
Health
Wisdom
Each community within a Network Society has different "things" and "books"
The screen below defines all “Things” in the he...
TeleHealth thrives in the "Internet of Everything" ... Do we get further exponential
benefits if we upgrade "Information T...
Devices
● Real time biosensing data (blood pressure,
heart rate, temperature and other functions
as the technology becomes...
Insurer
"things" are created, tagged and linked in a minute and appear in the necessary books
instantly ... community has ...
Every "book" could have a complementary device
including health, car, tracking ... healthcare devices worth $23b by 2017
●...
Economic Development
Wisdom
Wealth
creation
Declining or negative productivity means lower
standards of living
Society has been reduced to a zero sum ...
National Wisdom Networks deliver National benefits
PRODUCTIVITY!, Efficiency, Transparency, Accessibility and growth for e...
Personal health
(chronic and inactive)
Health
community
(industry and research)
Equity Market
Governance
Democracy
Educati...
Equity Market
Wisdom
Equity Market 4.0 creates a global capital market by sharing "things" and "books"
between countries
Large
companies
(Blue ...
ADVISERS
can contribute to any and all "Books" from anywhere
Organisation(Book)
"Things" include profile, availability,
se...
Analyst
"things" are created, tagged and linked in a minute and appear in the necessary books
instantly ... equity market ...
A single wisdom network could service the global Equity community
Local companies transparent to a global market of invest...
Fuelling the rapid growth of SME’s, Ventures and Early stage Innovators
Delivered in 5 days
Lightning Strike
Engineering I...
Governance
Wisdom
BoardBook provides Directors with Information, Collaboration, Knowledge, Wisdom
within a restricted community
Example
● Ou...
The "ShareholderBook": a Wisdom view of Shareholder Meetings
The body that probably knows most about annual general meetin...
FormsBook shows all Forms "Things" at
various stages
We can't have Wisdom if we are overwhelmed with
forms!
A Wisdom Netwo...
Management
Wisdom
MANUFACTURING
ACCOUNTING
MARKETING
ENGINEERING
CORPORATE
STRATEGY
SALES
OPERATIONS
INNOVATION
DESIGN
SUPPORT
FINANCE
Manag...
Public and partner
collaboration
within organisational
groups
Organisational contribution within
Industry, national and in...
Democracy
Wisdom
Democracy Wisdom delivers greater transparency
and, maybe, participation and contribution to the process of decision-makin...
Wisdom?
Why? Why not?
Wisdom Networks deliver 80% of the outcome at <10% of the cost in 6 months
● Pareto principle - 80% of the outcomes for <2...
Why Not? Wisdom Networks will set fire to your
crops and asphyxiate your children!
Reluctance to change
“And typically, ve...
We are starting to reconsider existing information Age approaches
to privacy and security to enable some Wisdom networks
T...
Wisdom Networks
How?
Wisdom Networks - deployed in as little as 90 days
and adopted by a community in less than a year
Wisdom Network
template ...
Wisdom Networks crowd create
a Network Society
Contact
e: marcus.cake@wisdomnetworks.im
Skype: marcuscake
LinkedIn: au.lin...
Wisdom achieves
Prosperity
Society Wisdom Equity Market Wisdom Health Wisdom Contact
e: mcake@wisdomnetworks.im
Skype: mar...
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Society Wisdom: Wisdom Networks crowd create Network Society #FutureOf

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A comprehensive, clickable tour on Society Wisdom and Network Society is available at http://www.wisdomnetworks.im/networks/society .

A 3 minute video titled "How to achieve Global Wisdom and prosperity in 3 steps in 3 years" ( http://is.gd/wisdomin15 ) provides a quick introduction to wisdom. This is the first video of three in a 15 minute crash course of Global Wisdom available at www.wisdomnetworks.im . The third video is "A brief video introduction to Wisdom Networks and Network Society".

Additional information on Network Society Wisdom is available at http://www.wisdomnetworks.im/networks/society .

Transcript of "Society Wisdom: Wisdom Networks crowd create Network Society #FutureOf"

  1. 1. 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 Delivered in 5 days! Launch in 90-180! Transform ation in 1-2 years! Society2 Please share! Current version at http://is.gd/wnccns
  2. 2. Contents We need to upgrade from the Information Age to Wisdom Networks! declining or negative productivity means we have a choice ... wisdom, crisis or collapse Wisdom Networks a cloud of things, books, communities, process and outcomes distributed among the people Wisdom Books are a comprehensive and more efficient means of sharing knowledge and organising wisdom (compared to incomplete, opaque information technology) National Wisdom Network (NWN) enables the Network Society ... an upgrade from the Information Age Network Society achieves a rapid jump in productivity and growth by restructuring time and attention What does Wisdom look like? Some examples: Health, Equity Market, Economic development, Governance, Management Why? Why not? How?
  3. 3. 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
  4. 4. 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)
  5. 5. 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
  6. 6. 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!
  7. 7. We need to move from Information to Wisdom "Where is the Life we have lost in living? Where is the wisdom we have lost in knowledge? Where is the knowledge we have lost in information?" T.S. Elliott
  8. 8. 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
  9. 9. 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
  10. 10. Can we recover the life we have lost in the Information Age? "Where is the Life we have lost in living? Where is the wisdom we have lost in knowledge? Where is the knowledge we have lost in information?" T.S. Elliott Economic development ■ Survival: Humanity has a 50% chance of surviving beyond 2100. Is this a result of community or individual decisions? ■ Illiteracy and numeracy at unacceptable levels throughout the developing and developed world ■ Insolvent governments: Government borrowing 15% of GDP every year or printing money to maintain asset prices, 1% growth and avoid adjustments to previous system failures ■ Costly and unnecessary wars that result from incorrect information ■ Insolvency at every level in every country: Spending more than you earn and leverage at high asset prices has resulted in insolvency at every level (personal, retirement, local government, health, state and national). Financial markets ● Bad investments: bundling bad mortgages and rating them as AAA securities ● Insolvent financial institutions: A bank lending 5 times more than the average at housing prices twice the long term average ... the inevitability of insolvent banks Economy ● Excessive risk in balance sheets: companies over-geared (debt to equity greater than 5-10) ● Boom and bust cycles: A business cycle of boom and bust, financial crisis and wide swings in asset prices ● Declining productivity: growth in productivity has stalled. Wisdom Networks can provide improve productivity. Health ● 1 in 6 patients are poisoned, maimed or killed by the Western health care system
  11. 11. 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
  12. 12. Declining or negative productivity is the world's largest problem ... incremental investment in the status quo suffers diminishing returns Productivity is the world's greatest problem! Global productivity declined to 1.8% last year. Stalled or declining productivity is a long term trend. Overcoming declining productivity What innovation could possibly induce so fabulous a speedup in economic growth? It is easier to say what could not. Because of diminishing returns, no change that improved just one small sector of the economy could do the trick. Insanity of investing in the status quo Due to diminshing returns, incremental investment in information or management technology will not increase productivity. Insanity: doing the same thing over and over again and expecting different results. - Albert Einstein
  13. 13. General purpose technology drives most economic growth. First generation uses it within the status quo. The second generation reshapes the status quo. We can't afford to wait 30 years for the next generation to use the internet to reshape society Erik Brynjolfsson: The key to growth? Race with the machines, TED, February 2013 "Let's start this story when 120 years ago American factories started to electrify their operations igniting the second industrial revolution. The amazing thing is that productivity had not increased in those factories for 30 years. 30 years! That's long enough for a generation of managers to retire." "You see the first wave of managers simply replaced their steam engines with electric motors, but they didn't redesign the factories to take advantage of electricity's flexibility. It fell to the next generation to invent new work processes and then productivity soared often doubling or even tripling in those factories. Electricity is an example of a general purpose technology like the steam engine before it." "General purpose technologies drive most economic growth because they unleash cascades of complementary innovations like light bulbs and factory redesign." - Erik Brynjolfsson 1 The internet is a general purpose technology. First generation sped up information structures The first generation has used it speed up the status quo ... 100 year old information hierarchies. They haven't used it to take advantage of the internet's flexibility. Second generation reshapes The second generation will use it to reshape the hierarchy to take advantage of the internet. Wisdom Networks crowd create the Network Society and deliver a rapid jump in productivity and growth. Repeating the innovations of the last 50 years deliver 1.8% If we match the pace of Information Age innovation over the last 50 years, we can not achieve a GDP growth rate of greater than 1.8%. We are unlikely to achieve 1.8% GDP growth.
  14. 14. Only restructuring human time and attention can deliver the radical jump in productivity and growth Only restructuring human time and attention Only human time and attention is all pervasive. Only the restructure of human time can deliver a jump in productivity and growth Wisdom Networks restructure human time and attention Wisdom Networks: ● provide a more efficient means of person to person communication ... and exponentially more efficient means to share knowledge and focus wisdom and effort in real-time ● deliver transparency, meritocracy, liquidity, and accessibility to any community ● you only need one across the world to run multiple communities ... Facebook organises 500m+ Technological Singularity "Singularity is the point at which “all the change in the last million years will be superseded by the change in the next five minutes.” Kevin Kelly,Wired Magazine “… a future period during which the pace of technological change will be so rapid, its impact so deep, that human life will be irreversibly transformed. Although neither utopian nor dystopian, this epoch will transform the concepts that we rely on to give meaning to our lives, from our business models to the cycle of human life, including death itself.” – Ray Kurzweil "The technological singularity is the theoretical emergence of superintelligence through technological means." – Wikipedia Information technology CountriesHierarchy INFORMATION AGE Network Society Wisdom Networks Wisdom Books WISDOM
  15. 15. We have a choice ... crisis or collapse by default ... upgrade to wisdom networks and usher in a new era of prosperity Network Society Information technology CountriesHierarchy WE NEED TO MOVE FROM THE INFORMATION AGE Wisdom Networks Wisdom Books CRISIS Sub-optimal health outcomes, financial crisis, society reduced to wealth transfers WISDOM Only restructuring human time and attention can deliver a radical jump in productivity and growth to improve outcomes COLLAPSE
  16. 16. 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, reclaiming 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
  17. 17. WISDOM NETWORKS Abundance - rapid jump in productivity, growth, wealth creation INFORMATION AGE Exhaustion - no productivity, no growth, zero sum game, wealth transfers UPGRADE OPAQUE TRANSPARENT
  18. 18. Wisdom Networks A cloud of things, books, communities, process and outcomes distributed among people
  19. 19. 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
  20. 20. 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
  21. 21. 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 is a deep understanding and realization of people, things, events or situations, resulting in the ability to apply perceptions, judgements and actions in keeping with this understanding .... Wisdom is also the comprehension of what is true or right coupled with optimum judgment as to action.” - Wikipedia
  22. 22. 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
  23. 23. 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
  24. 24. National Wisdom Networks manages many communities Wisdom Pathway is the interface/menu The interface/menu is about achieving wisdom. Each community consists of 6 types of common) "Things" ● Data ● Information ● Community ● Collaboration ● Knowledge ● Wisdom Multiple communities in one web application The "Things" for each Community are displayed in a tabbed interface: ■ Equity Market ■ Health ■ Governance ■ Financial market ■ Individual ■ Economic Development ■ Organisation (Management) ■ Other: Oil, Resources, Water Food, Climate change, drug research } } }
  25. 25. Many countries (and organisations) have declining and negative productivity Wisdom Networks could jump start productivity, growth and prosperity. A National Wisdom Network (NWN) could create a Network Society and be a platform to integrate with the global community Wisdom Networks link communities across communities to provide a regional or global network Global integration ( community, industry)Integration (regional, industry, national) Individual Wisdom Networks (country, industry, organisation)
  26. 26. Wisdom Books are a comprehensive and efficient means of person to person communication replacing fragmented, opaque and incomplete information technology
  27. 27. Books provide people with knowledge about "Things", and tools to pursue outcomes Book shows the "Links" Each "Thing" appears in a list All Books have the same structure ... only the "Things" change and the way they are grouped in each book ... chapters? All "books" manage all six stages/elements for that subject within the community. This includes: ● Data: linking to data at source ● Information: sharing and tagging information ● Community: keeping the community informed ● Collaboration: organising collaboration (bookings, events, meetings, tasks etc) ● Knowledge: revealing knowledge in one place for review - knowledge now has an address ● Wisdom: revealing knowledge, organising collaboration and taking action toward outcomes
  28. 28. Wisdom Books reveal Knowledge and focus Wisdom about any "thing", anywhere, anytime to anyone an evolution of different technologies that linked and distributed "things" Stone tablet (single page of information storage) Bamboo book (binding of thin pages increases capacity) The Wisdom book is a set of internet pages or "things" (data, information, community, collaboration, knowledge, wisdom) linked together in the cloud. The Wisdom Book is a virtual counterpart to things in the physical world. Capture Storage Transmission Digitisation Web site Wisdom Books Global Distribution Rapid results for consumers A consumer can create, link/share a "thing" or "book" in less than a minute! Rapid Network Communities New "things" and "books" can be added to a Wisdom Network in less than 2 hours ... communities can be defined rapidly!
  29. 29. Doctor(Book) "Things" include profile, availability, services, ratings, references Insurer(Book) "Things" include profile, products, services Plumber(Book) "Things" include ratings, availability, references, services Mechanic(Book) "Things" include location, services, products, availability Hairdresser(Book) "Things" include products, services, calendar or availability, discussions Tax(Book) Consumers tax "things" Consumers share & link "books" with others to share knowledge and focus the wisdom and effort of the community on outcomes ... in real-time! Lawyer(Book) "Things" include profile, availability, references, ratings, articles Accountant(Book) A"Things" include profile, services, availability Patient(Book) The patient's health "things" Claim(Book) Consumers organises all "things" relating to an insurance claim Hospital(Book) Hospital "things" include profile, doctors, services, availability Wisdom features search by tag, sharing, linking, discuss, tasks, events, timeline, etc WISDOM Car(Book) "Things" include service history, expenses, photos, Insured(Book) "Things" include assets, people, car RegisterBook Statutory registers, contracts and governance "things" FREE (directory model of pricing ... consumer free, business pays to interact with consumer) IndividualBook Profile, diary Student(Book) Consumers organises education "things" Teacher(Book) "Things" include profile, availability, courses, ratings, assignments, exams, timetable School(Book) Education "things" University(Book) Education "things"
  30. 30. Every "book" is focused on outcomes ... you can assemble how things come together in the future to achieve them less human focus and attention is directed to process 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
  31. 31. National Wisdom Network Enables the Network Society... ...an upgrade from the Information Age
  32. 32. People use "Books" to share knowledge and focus wisdom in each of their communities 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 My Books provide real-time messaging, participation and contribution in my communities 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
  33. 33. National Wisdom Network unites People in the Cloud and reinvents how they participate within all the communities ● Society has built the foundation for wisdom: Society has crowd created connectivity (internet), information (world wide web) and software (open source software communities). The NWN builds on the shoulders of these giants and crowd creates wisdom (knowledge and action focused on outcomes) in a peer to peer platform. ● Empowers the individual with wisdom: delivers the wisdom of crowds to the individual and overcomes the inherent problems with opaque, isolated information. ● Making communities simple: reduces complex communities to six types of "things", "books" which display knowledge and a few simple collaborative actions. ● Achieve Technological Singularity: a collective intelligence of cloud based crowds, "things", "books" and communities. ● Transparency: better accountability and meritocracy is achieved when everyone can see every "thing", everywhere ● Quick: it can be delivered in a day, customised, launched within 60 - 180 days at 20% of the cost of proprietary ICT ● Accessibility: every individual and community can leverage collective wisdom in any community ● Global: organise the 2 billion people connected to the internet ● "Over the top" (OTT) final solution: Wisdom Networks come "Over the Top" and integrate people, technology and information in the cloud. ● Solves the underlying problem that plagues all communities: The underlying problem is that information is isolated, communities are opaque and deriving profit from information discourages the inevitable and necessary shift to transparency, access and meritocracy. ● One wisdom platform today, displaces thousands of information investments in the future
  34. 34. Wisdom Networks are an Over the Top (OTT) disruptive platform integrating technology, people and information "The invasion of over-the-top (OTT) services has begun. It is time for telecommunication operators to prepare their positions and choose their weapons to win the battles for mobile voice, messaging, media, and cloud services. We believe telecom operators will be best prepared to meet those challenges if they take the following steps: 1. Choose your battlefields. 2. Redefine value propositions and business models. 3. Create new platforms and approaches. 4. Rethink organizational approaches. 5. Remain flexible and ready to adjust. There cannot be one OTT strategy. Indeed, each battleground—voice, messaging, media, and cloud—will demand a different strategy and a different combination of offensive and defensive tactics. Some battles will be won, some lost. But overall, we believe that telecom operators, with their consumer insights and inherent ability to deliver breakthrough customer experiences, are uniquely positioned to win this war." Winning the OTT War: Strategies for sustainable growth, AT Kearney, September 2012 Is this the OTT Platform strategy to rule them all?: 1. Chooses a "Wisdom" battlefield, not information or community 2. Offers an integrated wisdom value proposition to consumers, industry and society and aggregates OTT point solutions. Consumers can choose to use other point solutions (ie GDocs for collaboration or DropBox for file storage). The NWN's Single Sign-on or Open-ID may be important. 3. Pioneers a single platform (or ONE OTT STRATEGY) that leverages and integrates third party investments in community and information point solutions. 4. provides a peer to peer structure to organisations and industry in a Network Society 5. Is adaptable, flexible and leverages the collective innovation of open source software community 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
  35. 35. Wisdom Networks crowd create the Network Society HEALTH INDIVIDUAL GOVERNMENT INDUSTRY Doctors, nurses and patients GOVERNANCE Government Department(s) EQUITY MARKETStock exchanges ORGANISATION EDUCATION Teachers and students Politicians DEMOCRACY SME's, investors and advisers 23 May 2013
  36. 36. Wisdom Networks delivers community, country or regional transparency and accessibility Drill-down to any of the "Books" which make up the community
  37. 37. 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 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 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
  38. 38. Network Society Enables the Network Society... ...an upgrade from the Information Age
  39. 39. Unstructured Network Society emerging anyway ... 35%+ change expected within 2 years Wisdom Networks make faster, deeper and structured change with greater benefits Deloitte Digital report "It’s only a matter of time. Virtually every sector can expect to face changes rivalling those of the industrial revolution. Some industries may face extinction, new sectors are being created, and others are being transformed beyond recognition. Eighteen industries are mapped with respect to their vulnerability to disruption from two perspectives: the size of the impact and the imminence of change. (see right)" As these changes will play out over many years, timing of specific changes is hard to predict. Deloitte Digital Deloitte forecasts 35%+ change for some industries within 5 years. The NWN "short fuse, big bang" Wisdom Networks could achieve faster, more comprehensive change and deliver greater benefits within a shorter period. The National Wisdom Network (NWN) could deliver a "short fuse, big bang" (high impact within 2 years) across all industries and achieve "technological singularity" for society with one cloud based application. Source: Taking Leadership in a Digital Economy, Deloitte Digital and Telstra, November 2012
  40. 40. The NWN unites people in the cloud and reinvents how they live and work within all the communities within which they participate. Crowd create wisdom Society has crowd created connectivity (internet), information (world wide web) and software (open source software communities). Wisdom Networks builds on the shoulders of these giants and crowd creates wisdom (knowledge and action focused on outcomes). NWN brings wisdom to individuals in every community NWN moves beyond the Information Age and organises the wisdom of crowds to transform health, equity market, education, democracy and other fields of human endeavour. Many current problems don’t need to be solved, because they can be eliminated by solving the underlying problem. Overcome the information problem The underlying problem is that information is isolated, communities are opaque and deriving profit from information discourages the inevitable and necessary shift to transparency, access and a prevailing meritocracy which is the environment in which wisdom can be achieved. Wisdom Books achieve comprehensive, efficient person to person communication Wisdom Books reveal knowledge and focus wisdom about any "thing", anywhere, anytime to anyone and achieve comprehensive and efficient person to person communication ... they upgrade fragmented, opaque and incomplete person to person information technology at the heart of our information society Wisdoms Network enables the Network Society and accelerates Economic development The NWN could deliver a "short fuse, big bang" (high impact within 2 years) across all industries and achieve "technological singularity" for a society with one web application. It could be launched within 90-180 days depending on requirements. National Wisdom Networks (NWN) crowd create a Network Society in 2 years
  41. 41. National Wisdom Networks organises Wisdom knowledge + collaboration focused on outcomes for individuals & organisations across many communities ● Human time and attention are the most productive elements in today's economy: Only a change in systems will result in productivity and growth improvements. ● Network Society could deliver the next radical jump in productivity and growth by focusing human time and attention on outcomes. Wisdom Networks places transparency, productivity, growth, efficiency and transparency at the fingertips of every individual in every community. ● Information technology and hierarchical structures suffer diminishing returns. Debt has been used to maintain standards of living while productivity has been stagnant. The problem of stagnating productivity is unresolved. ● Patient focused Healthcare: focus collective wisdom of care providers on patients in real-time. ● Better Management: a more efficient peer to peer organisation structure ● Transparent and accessible equity market fuels the growth of SME's and supports entrepreneurs: The NWN crowd creates a global, transparent and accessible equity market which focus wisdom on capital allocation, governance and innovation. ● Tailored, real-time collective education for each and every student: students receive real-time attention of the crowd ● Real-time governance: virtual director meetings and virtual shareholder meetings increase the focus on outcomes, rather than process. ● Faster, better outcomes: The NWN achieves better society outcomes faster at <20% of the cost. ● Real-time Democracy: offers the possibility of real-time citizen participation in government Society6 (uses integrated 6 Technology platform) Society2 (uses 2 fragmented technologies) data + information Network Society
  42. 42. Individuals, their "Things", "Books" and communities are at the heart of a Network Society Software defines community ● Facebook serves 900m. It is bigger that nearly all countries. It defines a community in social terms. ● Software, connections define communities. We can use software to define society, and each community within it. ● A single web application could coordinate all aspects of society. Network Society delivers technological singularity ● The platform that organises a Network Society is a National Wisdom Network (NWN). ● A National Wisdom Network is a simple structure that delivers "technological singularity" for a society. ● The web platform defines a society as a collection of "things" linked in "books" grouped in communities spanning across countries. ● "Books" are the means for one individual to communicate and collaborate with others about any "thing" or group of "Things". ● Wisdom Networks bring the wisdom of crowds to every one, every" thing", every "book" and every community. ● "Things" and "Books" weave their way into lives and society by linking "virtual reality" and "physical virtuality" ● Collective Intelligence is distributed amongst individuals through Wisdom Books. ● Wisdom Networks dramatically improves the productivity of labour with information and collaboration at everyone's finger tips. Wikipedia defines Network Society as follows: "The network society is a social structure based on networks operated by information and communication technologies based on microelectronics and digital computer networks that generate, process and distribute information via the nodes of the networks. The network society can be defined as a social formation with an infrastructure of social and media networks enabling its prime mode of organization at all levels (individual, group, organizational and societal) ... the individual linked by networks is becoming the basic unit of the network society. Technological Singularity has many definitions, but all agree the outcomes are exponential: The technological singularity is the theoretical emergence of superintelligence through technological means. - Wikipedia “… a future period during which the pace of technological change will be so rapid, its impact so deep, that human life will be irreversibly transformed. Although neither utopian nor dystopian, this epoch will transform the concepts that we rely on to give meaning to our lives, from our business models to the cycle of human life, including death itself.” - Ray Kurzweil Singularity is the point at which “all the change in the last million years will be superseded by the change in the next five minutes.” Kevin Kelly,Wired Magazine
  43. 43. Europe has declining and negative productivity ... A European Wisdom Network could jump start productivity, growth and prosperity
  44. 44. Wisdom Networks enable the Network Society ...an upgrade from the Information Age Focus Human time and attention Wisdom Networks Transparency Accessibility Meritocracy Accessibility Productivity Growth Outcomes Life Society6 Efficiency Technological Singularity Society2
  45. 45. Health Wisdom
  46. 46. Each community within a Network Society has different "things" and "books" The screen below defines all “Things” in the health community. The NWN reduces complex communities to 6 types of "Things" and a few simple interactions in a peer to peer network. The few simple interactions are create, link, share, tag and collaborate. This means one cloud service can bring significant change to all communities or industries at the same time. A “Book” shows how “Things” are linked. Each community is just a combination on “things” and “books”, but rely on the same simple interactions. It is this innovation that mean all industries can be served by one wisdom network.
  47. 47. TeleHealth thrives in the "Internet of Everything" ... Do we get further exponential benefits if we upgrade "Information Telehealth" to "Wisdom Telehealth"? What is telehealth? “Telehealth is the delivery of health-related services using telecommunications and related technologies in the support of patient care, health education, and administrative activities.” Although there has been a lot of talk and excitement about the potential of Telehealth for more than twenty years, it’s time has truly come. This is made possible by the technological developments mentioned above but also by the urgent need to contain costs spiralling out of control. The cost factor is what creates the political will to embrace this concept. Telehealth results in dramatic outcomes in health outcomes The Whole Systems Demonstrator (WSD) programme was established by the Department of Health (DH) [in the UK] to evaluate how the use of telecare and telehealth technologies can support people with long-term health and care needs to live independently.” The results of telehealth for patients with long term health and care needs, as found by the WSD trial, in the UK were: ● 45% reduction in mortality rates ● 15% reduction in A&E visits ● 20% reduction in emergency admissions ● 14% reduction in elective admissions ● 14% reduction in bed days ● 8% reduction in tariff costs ● These results will also translate in savings of £1.9 Billion over the next 5 years The inclusion of remote biosensing through the wireless network will improve health outcomes by orders of magnitude and will do away with the need to develop old world infrastructures. Telehealth - Information or Wisdom? Current views of Telehealth are based on expensive information integration ... what would the cost/benefit be if individuals at the point of health care service delivery were empowered with Wisdom Books?
  48. 48. Devices ● Real time biosensing data (blood pressure, heart rate, temperature and other functions as the technology becomes available) ● Real time compliance (alerts for non- compliance. Take your medicine alerts! appointments) ● Data in PatientBook for review by carer, doctors and nurses in real-time DoctorBook Doctor accesses patient data in real time They upload and link a health “thing” (prescription, patient plan, etc) to the patient’s “PatientBook” ... It is shared with all other caregivers instantly InsurerBook Health Insurance provider can save costs through better community transparency compliance and simpler standard processes HospitalBook HospitalBook shows all “Things” linked to a hospital including PatientBooks (ie medical records), and hundreds of other health “Things” PharmacistBook Pharmacists’ notified of doctors new prescription when added by doctor. Prescription ready when patient arrives. Governance and Management (DirectorBook, ManagerBook, ExecutiveBook) Directors direct the health system Managers manage (review and approve) and Executives execute. Health services may save millions with a peer to peer management structure with each person responsible for certain “things” PatientBook Patient Medical Record is a collection of “Things” contributed by patient’s care network Devices Data Forms PatientBook Industry Government Home Organisations Knowledge Wisdom Collaboration Each community is a peer-to-peer network of "Things" and "Books" that organise them Health example below ProviderBook Care Providers (relatives, nurses and other carers) can participate and contribute to the care of anyone
  49. 49. Insurer "things" are created, tagged and linked in a minute and appear in the necessary books instantly ... community has real-time knowledge, action and wisdom Add a "thing" to a book in less than a minute ... for everyone to see and take action in real-time 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
  50. 50. Every "book" could have a complementary device including health, car, tracking ... healthcare devices worth $23b by 2017 ● By 2016, wearable smart electronics in shoes, tattoos and accessories will emerge as a $10 billion industry. “The majority of revenue from wearable smart electronics over the next four years will come from athletic shoes and fitness tracking, communications devices for the ear, and automatic insulin delivery for diabetics. Wearable smart electronics, such as fitness trackers, often come with data analysis applications or services that create useful insights for the wearer. Applications and services will create new value for consumers, especially when combined with personal preferences, location, biosensing and social information. CIOs must evaluate how the data from wearable electronics can be used to improve worker productivity, asset tracking and workflow. Wearable electronics will also provide more-detailed information to retailers for targeting advertisements and promotions.” ● “According to PricewaterhouseCoopers, the worldwide market for mobile communications and devices used in healthcare will reach about $23 billion by 2017, up from $4.5 billion forecast for next year.” ● Remote biosensing of patients will result in significant savings, particularly in developing countries Amiigo bracelet ($99) Amiigo Fitness Bracelet features ● Heart rate ● Activity/calories ● recognises 100 types of activities ● Oxygen levels ● Temperature Due for delivery to crowdsource customers by July 2013 What features do we add to create a Telehealth bracelet? ● Panic button ● GPS ● Mobile internet access (real-time reporting) ● Alert others in the event rules or thresholds are breached
  51. 51. Economic Development Wisdom
  52. 52. Wealth creation Declining or negative productivity means lower standards of living Society has been reduced to a zero sum game and wealth transfers Only wisdom networks provide a rapid jump in productivity and growth ... by restructuring human time and attention Wisdom Networks return society to productivity, growth and wealth creation How can we create wealth to increase living standards and sustain society? Macroeconomic reform Restructuring human time and attention Wisdom Networks Microeconomic reform Innovation Investment in the Status quo Currency depreciation Taxation & Government expenditure Debt Subsidies and Bailouts Spending more than you earn Printing money & monetary policy ... Wealth transfers Only wisdom networks provide a rapid jump in productivity, growth and wealth to sustain society ... other wealth creation tools are ineffective!
  53. 53. National Wisdom Networks deliver National benefits PRODUCTIVITY!, Efficiency, Transparency, Accessibility and growth for everyone, everywhere Community Organisation Family Individual Health EducationFinance SOCIAL National Local International State Government POLITICAL INDUSTRIAL "Economic development is the development of economic wealth of countries or regions for the well-being of their inhabitants." "Public policy generally aims at continuous and sustained economic growth and expansion of national economies so that ‘developing countries’ become ‘developed countries’." Economic Development 4.0 ● Economic Development 4.0 is the widespread use of Wisdom Networks by social, industrial and political endeavours to deliver global transparency, meritocracy, accessibility and productivity. ● One Wisdom Network can serve many communities within a society. They are achieve much more at 90% less cost. ○ Multi-sector: endeavours include democracy, health, financial markets, education, processes of innovation and entrepreneurship. ○ Multi-level: local, state, national and global ○ Multi-community types: individual, family, organisation, community, society Platform ● provides an online person to person structure for every community in every country and reduces the chaos by increasing the proportion of information which has a structure from between 1 and 35% to more than 80%. ● Significant improvements in productivity of people by placing information, collaboration and organisation at everyone's fingertips. This could lift stagnant productivity in some economies, countries and organisations. Technology delivers diminishing returns. A structural change is required to deliver returns. ● One platform today displaces thousands of point solutions in the future. Greater benefits for developing countries ● Developing countries bypass expenditure on information technology within the organisation and move straight to wisdom networks that connect the community in a peer to peer structure. Equity Market 4.0 international finance Health 3.0 national health Democracy 3.0 National governance UNITED International governance Education 4.0 international education
  54. 54. 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
  55. 55. Equity Market Wisdom
  56. 56. Equity Market 4.0 creates a global capital market by sharing "things" and "books" between countries Large companies (Blue chips) SME’s (Green chips) Ventures Early stage innovation Applications + Workflow CollaborationContent management Prices DEEPENS: Capital and service delivery to lower tiers from large companies to SME’s EXPANDS: more features and functionality Specialist financial centres Top 5 Financial Markets Developing countries Major financial markets INTEGRATES: a global market with transparency Benefits ■ Global ■ Liquidity ■ Meritocracy ■ Transparency ■ Accessibility: ■ Productivity ■ Utilisation of people increases ■ Global labour market ■ Global capital market ■ Improved capital allocation Engineering & Inspiration
  57. 57. ADVISERS can contribute to any and all "Books" from anywhere Organisation(Book) "Things" include profile, availability, services, ratings, references Form(Book) Collective form preparation, execution and lodgement Shareholder(Book) "Things" to share with shareholders and collaborate Companies, advisers and investors share knowledge and focus wisdom through wisdom books Books encompass entire market include innovation, SME's, public companies and large corporations Lawyer(Book)Accountant(Book) EGM(Book) Investment(Book) All "things" relating to an investment IPO(Book) "things" lined to a hospital AGM(Book) "Event management and shareholder communication M&A(Book) All "Things" linked to a sale or purchase of a business Adviser(Book) Venture(Book) Consumers organises education "things" StockExchange(Book) "Things" include buyers and sellers, price and volume Contract(Book) Secretary(Book) "Things" include profile, availability, services, ratings, references Investor(Book) "Things" include profile, availability, services, ratings, references Board(Book) "Things" ilinked to a Board meeting Regulator(Book) "Things" include profile, regulations, lodgement, public registers Innovation(Book) "Things" linked to an Innovation Register(Book) "Things" linked to the Statutory register COMPANIES (offer transparency and real- time governance) MARKET (created by sharing Wisdom Books) INVESTORS (transparency and real-time access to every "thing" VentureCapitalist(Book) "Things" include profile, availability, services, ratings, references GOVERNMENT Law(Book) Law "Things"Regulation(Book) Regulation "things" Bureaucrat(Book) Profile and person can gain access to all other books if linked to this one Fund(Book) "Things" include profile, availability, services, ratings, references Research(Book) Trustee(Book)
  58. 58. Analyst "things" are created, tagged and linked in a minute and appear in the necessary books instantly ... equity market becomes real-time knowledge, action and wisdom Add a "thing" to a book in less than a minute ... for everyone to see and take action in real-time Company All "things" linked to a company Regulator "Things" linked to a carer Investor All "things" linked to an investor IPO Share Price Contracts Announcements Prospectus KNOWLEDGE WISDOM THING Investors sees all content of Company(Book) BOOK KEY Research MemberMeeting All meeting "things" Forms "Things" linked to a board meeting Board "Things" link to board meetings Venue Reports Advisers are given access to Books ... and create "things" in the equity market Accountant Director Shareholder All "things" relevant to shareholders MemberBook All shareholder "things" Company Secretary Manager
  59. 59. A single wisdom network could service the global Equity community Local companies transparent to a global market of investors Collaborative Macroexchange combines the transaction capability of a stock exchange with a wisdom (knowledge and collaboration) network to achieve greater levels of transparency, liquidity governance and accessibility for innovation, ventures, SME's and large corporates. Features added to a stock exchange include: ● Person to person network structure that resembles social networks, but with an industrial purpose ● Directories (CompanyBook, AdviserBook, InvestorBook) ○ tag based search finds participants in minutes ○ self published ○ CompanyBook ● Information distribution ○ publish hundreds of different types of information ● Governance ○ BoardBook: virtual director meetings ○ Memberbook: shareholder meetings (event management and information distribution) ○ RegisterBook: online statutory record keeping ○ RegisterBook: virtual company and other statutory registers ● Forms ○ FormsBook: preparation, document execution, contracts ● Collaboration ● Knowledge management A Cloud based "Collaborative Macroexchange" could achieve a global equity market with a greater degree of transparency, accountability and meritocracy. Wisdom Networks delivers a local look in the local language and regional transparency, accessibility, liquidity and wisdom
  60. 60. Fuelling the rapid growth of SME’s, Ventures and Early stage Innovators Delivered in 5 days Lightning Strike Engineering Inspiration 1 2 3 Cloud power Accessibility Entrepreneurs Endorsement to create and inspire adoption Statesmen Endorsement and aligning government tiers with common objective Media Partnership with TV (ie; Dragons Den reaches a community of 3m+ with an nterest in ventures and i nnovation – Dragons Den 3.0? Government Government departments participate to encourage and regulate 4 Scalability Adoption Equity Market 3.0 Customised in 30-90 days Marketing Break-even Critical mass Transform Existing community members Incubators Venture Capital Associations Business Associations Stock exchange Non-government organisations Recruit existing “National”, “Finance” “Community” organisations for inspiration and early adopters 5 Integrate Share Link
  61. 61. Governance Wisdom
  62. 62. BoardBook provides Directors with Information, Collaboration, Knowledge, Wisdom within a restricted community Example ● Our “Boardbooks” knowledge centre is displayed on the right hand side ● It demonstrates many of the features of the platform ● Collaboration tools ● Linked Content ● Task management ● Tagging ● Revealing Knowledge – all information linked to the “Notice of Meeting of Directors” ● Form preparation ● The BoardBook community are driven through a 6 stage process to achieve wisdom. Book shows the "Links" Each "Thing" appears in a list
  63. 63. The "ShareholderBook": a Wisdom view of Shareholder Meetings The body that probably knows most about annual general meetings, corporate governance and regulation wants the federal government to destroy the AGM as we know it and start afresh with something more closely related to the 21st century than the 19th. If Chartered Secretaries Australia has its way, the tedious ritual and decision making function would be removed from the AGM – no more voting, no more chairmen with proxies in the back pocket making the whole process a dead rubber anyway, no more technical shilly-shallying over motions put and seconded and points of order. The necessary voting functions would be separated from the AGM and handled electronically, freeing the meeting from historical records and process and, potentially, allowing it to become a genuine engagement by directors and senior management with shareholders large and small. CSA – the professional body representing the nation’s company secretaries - wants the AGM to become more focussed on a company’s future rather that the historical record of the previous financial year. That should re-engage the institutional shareholders and analysts who generally give AGMs a big miss, leaving the floor to a relative handful of retail shareholders and the odd special-interest group with barrows to push and axes to grind. Read more: http://www.smh.com.au/business/from-the-ashes-a-new-agm-could-arise-20130109-2cfe8.html#ixzz2HQiFmzw1 The "ShareholderBook" performs the following functions: ● preparation of shareholder material by executive team and external parties ● distribution of digital information to shareholders ● online discussion of information prior to meetings ● online polls before, during or after meeting ● event management of thousands of people ● Opportunities ○ routine financial information can be discussed prior to meeting ○ physical meeting can be devoted to more important matters
  64. 64. FormsBook shows all Forms "Things" at various stages We can't have Wisdom if we are overwhelmed with forms! A Wisdom Network also allows: ● Preparation of Forms ● Save Forms in Word or PDF ● Assigning Tasks or organising Workflow ● an audit trail of activity ● Discussions ● The addition of a signature ● An audit trail regarding each "Thing" ("Form") ● new forms are driven by text templates and be added simply ... maybe, as simple as saving a Word document in XML format "The Small Business 'common app' would function much like the one that students complete to apply to multiple colleges and universities simultaneously. It would ensure that small businesses across the country can concentrate on growing and creating jobs - not wasting time, filling out mountains of repetitive paperwork." - Kay Hagan
  65. 65. Management Wisdom
  66. 66. MANUFACTURING ACCOUNTING MARKETING ENGINEERING CORPORATE STRATEGY SALES OPERATIONS INNOVATION DESIGN SUPPORT FINANCE Management 3.0 Wisdom Network: a cloud of "things" and "books" and people with three types of roles to manage an organisation DIRECTORS (direct process) MANAGERS (review and approve) EXECUTIVES (Execute) WHAT? - HOW? - WHERE? (Management ) - WHY? - WHO?
  67. 67. Public and partner collaboration within organisational groups Organisational contribution within Industry, national and international groups Public/ partner Directors Managers Executives INTEGRATION ACROSS GLOBALCOMMUNITIES ManufacturingSalesMarketingSupport National Organisation International Industry SIMPLE,UNIVERSALROLES SOCIAL NETWORKING ACROSS ORGANISATIONAL GROUPS Design Engineering Innovation Finance And more ... Wisdom Network provides Structure & Integration Organisation Structure => Community Integration MANAGEMENT 3.0 = social networking structure + peer to peer linking reveals knowledge + comprehensive content management + links into enterprise software data to add wisdom + People have three purposes within each group + industry collaboration Solve labour shortages virtually There is a significant shortage of skilled labour in the first world (33m people) ... this approach could tap the labour pool in the third world. Management 3.0 solves this problem. If you need some extra people to run your business ● search for them (ie; payroll executive) ● read their profile and references ● check their availability ● check community feedback/ratings ● call them on Skype ● and then add them to your Network for an hour, project, day or full-time
  68. 68. Democracy Wisdom
  69. 69. Democracy Wisdom delivers greater transparency and, maybe, participation and contribution to the process of decision-making National wealth distribution Ownership of community knowledgeIntellectual Property Borrow to consume InvestmentFinancial International TradeProtectionism Free markets Community Save for the future Investment in Innovation Savings Economic management Free/Open Source Individual International wealth distribution Collective Developed Business Monetarism Developing Private Keynesian Attitude CollaborationOpportunism Democracy is a form of government in which all eligible citizens have an equal say in the decisions that affect their lives. Democracy allows eligible citizens to participate equally—either directly or through elected representatives—in the proposal, development, and creation of laws. It encompasses social, economic and cultural conditions that enable the free and equal practice of political self- determination. - Wikipedia ● Web 1.0 limits participation of citizens to a two party vote every 3- 4 years. ● Democracy 3.0 presents the opportunity for the people to participate in the democracy in real- time.
  70. 70. Wisdom? Why? Why not?
  71. 71. 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
  72. 72. Why Not? Wisdom Networks will set fire to your crops and asphyxiate your children! Reluctance to change “And typically, vested interests fight against change. People that have an interest in the old ways of working, people that dominate face-to-face meetings and like that a lot, for example—they don’t want to move toward some other kind of platform where it’s more of a meritocracy, rather than a personality thing.” Don Tapscott Lobbying by industry against wisdom “Dear Mr. President: The canal system of this country is being threatened by a new form of transportation known as ‘railroads’ … As you may well know, Mr. President, ‘railroad’ carriages are pulled at the enormous speed of 15 miles per hour by ‘engines’ which, in addition to endangering life and limb of passengers, roar and snort their way through the countryside, setting fire to crops, scaring the livestock and frightening women and children. The Almighty certainly never intended that people should travel at such breakneck speed." – Martin Van Buren, Governor of New York, 1830. Fear, uncertainty, doubt “Rail travel at high speed is not possible, because passengers, unable to breathe, would die of asphyxia" – Dr Dionysys Larder (1793-1859), professor of Natural Philosophy and Astronomy, University College London“
  73. 73. We are starting to reconsider existing information Age approaches to privacy and security to enable some Wisdom networks The patient owns personal information "Personal information becomes legally recognized as yours While there is a push by the White House and others to implement a consumer privacy Bill of Rights that increases consumer privacy, a larger shift is already under way that will radically shift the security and privacy debate. In the future, you may own the data that exists about you or that you create online, rather than it being owned by the companies that collect it (like Amazon.com, Facebook, Google, and Twitter)." Personal Wisdom Network shares with larger wisdom networks "Personal data stores protect your information—In addition to enabling you to know about and control your own information, data ownership will allow you to protect your information. Data stores will also help us benefit from our own information." Access to your personal data is a fundamental human right "When you have legal rights over your information, you have more control over how it is collected and used. This view that data about you is property, and that you own it, is gaining momentum, such as in the United Kingdom, the World Economic Forum, and the European Union’s recognition of personal data protection as a fundamental human right." The Network asks the individual about access to their information in real-time " ... the network itself will play an important role in improving IoE security. Currently, network intelligence is mostly centralized and often resides far away from the “edge” of the Internet. As networks evolve along with IoE, the ability to make intelligent decisions based on data as it enters and flows over the Internet will be more distributed (located where ever it’s needed). With this ability, security threats, for example, could not only be stopped, but also identified and located before any harm is done. Answering the Two Most-Asked Questions About the Internet of Everything #IoE, Dave Evans , March 18, 2013
  74. 74. Wisdom Networks How?
  75. 75. Wisdom Networks - deployed in as little as 90 days and adopted by a community in less than a year 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
  76. 76. Wisdom Networks crowd create a 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 Network Society Efficiency Technological Singularity
  77. 77. 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 letter: 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
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