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Philosophy and Social Media 4: Gift Economics and Collaborative Consumption
 

Philosophy and Social Media 4: Gift Economics and Collaborative Consumption

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  • CarNextDoor: P2P car-sharing. Launched recently in the eastern suburbs with 32 cars signed up. They need 200+ to make money. Where is the confidence coming from?
  • Gift shift is being driven by the success of social media. So on a cultural level, we are already moving beyond social media: social is not about Facebook and Twitter, it’s about a way of working together to create value.
  • Miicard and Scaffold provide identity verification services. Legit is a cross-platform reputation service for P2P services.
  • Trustcloud and Connect.me are reputation systems for social web users.
  • What’s the reputational value of social interactions online? If I see that someone is consistently social, and that people respond positively to their sociality, it suggests to me that they are a 'friendly', if nothing else.
  • P2P is cool but it’s a popularity contest. Brittany Spears would rate highly a pop icon if she could get enough fans on the system. This would reflect her reputation as a pop icon, but does this make her more trustworthy than anyone else? I guess she is a reliable pop icon – that’s the point.

Philosophy and Social Media 4: Gift Economics and Collaborative Consumption Philosophy and Social Media 4: Gift Economics and Collaborative Consumption Presentation Transcript

  • PHILOSOPHYAND SOCIAL MEDIA
  • Call of the crowd• Tribal values: a sense of belonging to an online tribe - a community of peopleunited by common values and interests
  • The „saving power‟ of social mediaThe more we spend our lives online, and ourproducts and appliances communicateonline, the more the real world is duplicatedas data• Social media sites are data-harvestingengines; prosumers are data-resource• Heidegger: „Where the danger is, therelies the saving power also‟• Social media creates prosumers. Itthereby fosters a social culture based in:• Sharing• Trust• Reciprocity
  • The rise of collaborative consumption2010: TIME Magazine namescollaborative consumption as anidea that will change the world• Sharing promoted bysustainability movement• Facilitated by internet• Boosted by financial crisis
  • „Collaborative consumptionstarted online - by postingcomments and sharingfiles, code, photos, videos, and knowledge. And now wehave reached a powerfulinflection point, where we arestarting to apply the samecollaborative principles andsharing behaviours to otherphysical areas of oureveryday lives‟.
  • What is collaborative consumption?„[A]n emerging socioeconomic groundswell: the old stigmatized C‟s associated withcoming together and “sharing” – cooperatives, collectives, and communes – are beingrefreshed and reinvented… We call this groundswell Collaborative Consumption‟.Rachel Botsman and Roo Rogers, What’s Mine is Yours: The Riseof Collaborative Consumption (2010)
  • What is collaborative consumption?
  • What is collaborative consumption?Botsman and Rogers distinguish three kinds of collaborative consumption service:1. Product service systems2. Redistribution markets3. Collaborative lifestyles
  • Rise of collaborative consumption• 2008 financial crisis: a catalytic moment for collaborative consumption.• Brian Chesky (CEO of AirBnB):‘People realized that they are not defined by the things they own, they are defined bythe experiences they have’• Social experiences are the intrinsic goods at the heart of the sharing economy
  • The joy of the gift• Gifters earn reputation and prestige for gifts• Recipients feel indebted to gifters. Mauss argues that the gift creates a „feelingbond‟ that unites parties in a tribe• Reputation, prestige, and social solidarity: the intrinsic goods of gift economies
  • The rise of reputation systems
  • The rise of reputation systems
  • TrustCloud: real time reputation metrics• Gathers information from numerous social media services and algorithmicallydetermines your reputation based on the nature and frequency of contributions.
  • TrustCloud: real time reputation metrics• Gathers information from numerous social media services and algorithmicallydetermines your reputation based on the nature and frequency of contributions.
  • Connect.me: P2P reputation
  • PHILOSOPHYAND SOCIAL MEDIA
  • The rise of collaborative consumption
  • Build a reputation through virtuous gifts• Gift-giving should be empowering• If it depletes you, you are doing it wrong
  • Nietzsche and the gift-giving virtue• Friedrich Nietzsche (1988-1900)• Gift Giving Virtue (Thus SpokeZarathustra): „health‟ = abundant creativity• Abundance from Latin ab-unda, meaningthe wave that overflows• „Bless the cup that wants to overflow…‟• Abundant heart „surges broad and full like a river‟
  • Nietzsche and the gift-giving virtue• „My city is great!‟; „My house has thisextra room‟; „I‟m not using mycar, would anyone like to hire it?‟
  • Foucault and the art of life• Anti-naturalism: the self is not given, it is made and remade• The „art of life‟ of ancient Greece and Rome
  • Foucault and the art of lifeWe need an „art of life‟ for the age of social media• Nomadism - agility, curiosity, inquisitiveness• Communalism - care, generosity, mutualism• Mindfulness - presence, integrity, authenticity.
  • PHILOSOPHYAND SOCIAL MEDIA